Compliance Manager
Smart Interaction for Digital Brokerage (Fintech)
مجموع سنوات الخبرة :15 years, 3 أشهر
• Contribute to the formulation of the overall organization’s strategy, in collaboration with others in the executive team, focusing on the organization’s compliance and anti-money laundering function.
• Approve and ensure implementation of compliance and anti-money laundering function policies and procedures and ensure its efficiency.
• Manage compliance and anti-money laundering function and ensures its compliance to regulatory requirements as well as market standards.
• Manage and monitor compliance and anti-money laundering function budget for cost efficiency.
• Manage internal and external relationships and represent the organization in all business matters related to
compliance and anti-money laundering function.
• Ensure proper remedial actions for non-compliant behaviors are taken including disciplinary actions in case of
recurrence.
• Ensure that policies and procedures comply with SAMA rules as well as other governmental laws such as manage
the cyber security implementation
• Train staff on compliance procedures & educate on the impact on the organization clauses by non-compliance.
• Review features and backlog items and inform the team of any compliance issues early on in development process
• Assist in the administration and review of Client Risk Scoring, Client Identification and KYC documentation oversight requirements. Conducting reviews of client documentation/information submitted by business units; A good understanding of banking.
• Responsible for performing KYC/CDD/EDD on new customers and during periodic account reviews. Work with business units and branches to resolve account opening issues, obtain necessary information during investigations and perform on going reviews of the KYC/customer. Follow up and track all documents required to satisfy new account requirements.
• Assist in KYC periodical reviews and refresh of current Client population as needed.
• Ensure that information obtained is consistent with AML Policy and Procedures and satisfies regulatory
requirements. Follow up and track all documents required to satisfy new account requirements.
• Escalate high risk issues identified to Management
• Assist Management with inquiries from SAMA, employees, business managers by providing information and guidance in a timely manner
• Devising and reviewing specifications for products or processes.
• Regularly audit company procedures, practices, and documents to identify possible weaknesses or risk.
• Assess bank operations to determine compliance risk.
• Ensure all employees are aware on the latest regulations and processes.
• Track key risk indicators and shared with risk completing action plans.
• Resolve employee concerns about legal compliance.
• Repare an annual compliance program for managing compliance based on identification, measurement and monitoring of risks (Compliance Risk Assessment (CRA)), under my supervision to ensure appropriate coverage of all businesses. The annual compliance program must include a comprehensive compliance monitoring program to determine the level of response and compliance throughout the company's departments.
• Reviewing and agreeing the Annual Compliance Program before having it approved by the Compliance Committee.
• Monitoring the development of policies and procedures in accordance with the relevant Laws, Rules and Standards.
• Administratively supervising the daily activities of the Department.
• Reviewing and approving the periodic reports which are submitted to the Board of Directors
• Mediator and detailed all the responsibilities, roles and communication between the company and SAMA.
• Software QA Manual and Junit.
• Software QA Automation.
• Software QA Mobile and Performance
• Design and execute systems to check for issues
• Document test cases
• Perform and document risk analysis
• Record test progress and results
• Code automated tests
• Create test plans
• Develop standards and procedures to determine product quality and release readiness
• Discover bugs within software
• Perform manual and automated testing
• Research and analyze product features being tested
• Research new tools, technologies, and testing processes
• Review user interfaces for consistency and functionality
•Assist in the administration and review of Client Risk Scoring, Client Identification and KYC documentation oversight requirements. Conducting reviews of client documentation/information submitted by business units; A good understanding of banking.
• Responsible for performing KYC/CDD/EDD on new customers and during periodic account reviews. Work with business units and branches to resolve account opening issues, obtain necessary information during investigations and perform on going reviews of the KYC/customer. Follow up and track all documents required to satisfy new account requirements.
• Assist in KYC periodical reviews and refresh of current Client population as needed.
• Ensure that information obtained is consistent with AML Policy and Procedures and satisfies regulatory
requirements. Follow up and track all documents required to satisfy new account requirements.
• Escalate high risk issues identified to Management
• Assist Management with inquiries from SAMA, employees, business managers by providing information and guidance in a timely manner
• Handle other duties as assigned to assist with the effective administration of the AML and KYC Policies. Assist in reviewing OFAC hits and communicating OFAC and sanctions options.
• Support an annual review of the efficiency and effectiveness of the transaction monitoring process.
• Implement and manage an effective legal compliance program.
• Develop and review bank policies and procedures.
• Advise management on the company’s compliance with laws and regulations through detailed reports.
• Devising and reviewing specifications for products or processes.
• Create and manage effective action plans in response to audit discoveries and compliance violations.
• Regularly audit company procedures, practices, and documents to identify possible weaknesses or risk.
• Assess bank operations to determine compliance risk.
• Ensure all employees are aware on the latest regulations and processes.
• Track key risk indicators and shared with risk completing action plans.
• Assessing the overall quality of complaints case files to ensure compliance with legislative regulatory
requirements.
• Resolve employee concerns about legal compliance.
• Assessing the overall quality of complaints case files to ensure compliance with legislative regulatory
requirements.
• Resolve employee concerns about legal compliance.
• New project in samba system is T24 as tester.
• QYC for other departments.
• Ensure delivery of High Standard customer service to target market.
• Minimize customer Average Waiting Time.
• Contribute towards continuous development and improvement of service delivery.
• Ensure all customer service issues are resolved to customer satisfaction.
• Create sales oriented environment in Centers.
• Maximize transaction volume in the center.
• Ensure compliance & Regulatory requirements are followed.
• Ensure SAMA guidelines are followed and implemented.
• Monitor, review and recommend any process improvements to contain operation cost.
• Manage the Budgetary control and emphasis on Cost reduction.
• Ensure focused attention to contain any losses due to manipulations, frauds, mistakes / differences.
• Develop and train cross-functional back-ups to act during vacation, training, emergency, holidays or weekends.
• Implement and manage an effective legal compliance program.
• Develop and review bank policies and procedures.
• Advise management on the company’s compliance with laws and regulations through detailed reports.
• Devising and reviewing specifications for products or processes.
• Create and manage effective action plans in response to audit discoveries and compliance violations.
• Regularly audit company procedures, practices, and documents to identify possible weaknesses or risk.
• Assess bank operations to determine compliance risk.
• Ensure all employees are educated on the latest regulations and processes.
• Track key risk indicators and shared with risk completing action plans.
• Assist in the administration and review of Client Risk Scoring, Client Identification and KYC documentation oversight requirements. Conducting reviews of client documentation/information submitted by business units; A good understanding of Corporate Documents associated with Offshore Shell Corporations and Foreign Financial Institutions is needed.
• Assist Management with inquiries from SAMA, employees, business managers, internal and external auditors by providing information and guidance in a timely manner
• Assessing the overall quality of complaints case files to ensure compliance with legislative regulatory
ORGANIZATION MANAGE. & ADM.DEVEL)