Position : AML Assistant

Section : Governance & Control – ERM & AML

Company : Al Koot Insurance & Reinsurance Company

Location : Doha, Qatar

No of resources : 1

ROLE PURPOSE:

Responsible for providing ongoing administration support to Al Koot’s AML department. The incumbent is responsible for day to day tasks that support the ERM and AML Manager / Money Laundering Reporting Officer (MLRO) in managing the AML/CFT programme.

KEY ACCOUNTABILITIES:

• Monitoring approved departmental policies, processes, procedures and instructions and monitor adherence so that work is carried out in a controlled manner.
• Check the correctness and adequacy of KYC documents and data submitted clients and draft KYC approval form for MLRO’s review
• Perform client screening before on-boarding.
• Draft high risk business approval form for review by MLRO.
• Upload client’s KYC data and supporting documentation in the AML system.
• Promptly address KYC related queries received from the business departments.
• Assist in resolving suspicious transactions match alerts.
• Maintain valid and quality clients’ data in the AML System.
• Provide status reports as can be requested by MLRO.
• Transactions monitoring.

Knowledge & Experience:

• Bachelors Degree preferably in Risk / Business Administration
• 3-5 years of experience of working in AML/CFT role.
• AML certification.
• Proficient in written English and Arabic

Skills needed:

• Computer Skills including Microsoft Office
• Policies, Procedures & Work Methods Knowledge
• Communication Skills
• Report Writing & Drafting Skills
• Administration Skills