Deputy Money laundering Reporting Officer

The Deputy MLRO will assist the MLRO in managing and strengthening the organizations Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) framework. This role involves monitoring transactions, ensuring regulatory compliance, and supporting the development and implementation of AML/CFT policies and procedures. The Deputy MLRO will also act as a secondary point of contact with regulatory authorities and provide guidance and training to staff.

Key Responsibilities:

• Assist in reviewing and investigating suspicious transactions, preparing STR/SAR reports as required.

• Monitor daily transactions and AML system alerts, ensuring timely escalation of high-risk cases.

• Support the development, implementation, and maintenance of AML/CFT policies, procedures, and internal controls.

• Coordinate with various departments to ensure compliance with regulatory requirements and internal guidelines.

• Conduct periodic AML/CFT risk assessments and contribute to improvements in screening and monitoring processes.

• Assist in preparing internal and regulatory reports, including submissions to Qatar Central Bank.

• Act as a secondary point of contact between the organization, FIU, QCB, and other state authorities regarding AML/CFT matters.

• Ensure prompt response to information requests from FIU, QCB, and other state authorities.

• Provide AML/CFT training and awareness sessions to staff.

• Act as MLRO in the absence of the MLRO, ensuring continuity of reporting obligations.

Required Qualifications:

• Fluency in Arabic to ensure effective communication with customers, regulators, and internal stakeholders, and to review Arabic documents and reports.

• Previous experience in a similar role within a financial institution, such as an exchange house, bank, or insurance company, with hands-on AML/CFT compliance experience.

• Approval from Qatar Central Bank or any GCC central bank is preferred, but not mandatory.

• Relevant professional or academic certifications in AML/CFT (e.g., CAMS, ICA, or equivalent) are highly desirable.