Mohammed Ateeq

Head of Compliance and MLRO at Al Salam Bank Bahrain

• Bahrain - Manama
• My current job since September 2005

Acting Group Head of Compliance
 Group’s Anti-Money Laundering Reporting Officer (MLRO)
 Responsible to plan, develop and implement the Group’s Compliance & AML framework, policies and procedures.
 Insuring compliance with CBB regulations, Bahrain Bourse, MOIC and Dubai Financial Market, and Qatar Financial Center Authority Regulations.
 Creation of a compliance culture to ensure full enterprise compliance and minimizing risk of regulatory failure and reputational damage.
 Ensuring compliance risks and AML issues are identified and dealt with.
 Responsible for the smooth merger of BMI Bank compliance team with ASBB compliance.
 Working closely with various business groups during new product developments, market expansion, and process workflow improvements, to identify and assess the compliance risks and ensure adequate control measures are established.
 Identifying Risky & Suspicious clients.
 Main point of contact between CBB and the Bank, acting as a bridge to communicate and resolve all concerns.
 Maintaining a good & healthy relationship with the CBB and other relevant authorities.
 Identifying any gaps within the organization.
 Informing Bank’s departments of any changes in rules & regulations and best course of action.
 Training staff on how to prevent and detect Money Laundering and Terrorist Financing.
 Main point of contact with Bahrain Bourse, Dubai Financial Market, Ministry of Interior and Ministry of Industry & Commerce.
 Preparing Compliance and AML presentations to the CEO and Board Audit Committee.
 Identifying Possible Money Laundering Activities & Terrorism Financing Activities.
 Daily monitoring of cash transactions.
 All other Compliance & AML related activities.