Omar Alshari

- Coordinate with the Chairman and CEO to develop and promote a culture of Compliance and AML within the company.
- Develop and implement internal Compliance and AML policies and procedures.
- Develop and update AML risk assessments and ensure the required controls are in place to assign, monitor, manage, and mitigate identified risks.
- Assist in establishing and maintaining a constructive and effective working relationship with regulators and authorities.
- Respond to queries from regulatory authorities and law enforcement agencies as appropriate.
- Control and monitor all new business and clients to ensure that business relationships are established in a fully compliant manner with internal policies and applicable regulations.
- Act as a focal point and provide guidance to all employees regarding any Compliance and AML enquiries.
- Update all employees regarding changes in the regulatory framework related to Compliance and AML.
- Prepare reports on suspicious transactions and file reports with the relevant authorities if necessary.
- Prepare the annual MLRO Report and any other report required by the regulators
- Prepare and deliver Compliance and AML training to all employees

- Coordinate with the board and COO to develop and promote a culture of AML within IFS.
- Develop and implement internal AML policies and procedures.
- Develop and update AML risk assessments and ensure the required controls are in place to assign, monitor, manage, and mitigate identified risks.
- Assist in establishing and maintaining a constructive and effective working relationship with regulators and authorities.
- Respond to queries from regulatory authorities and law enforcement agencies as appropriate.
- Control and monitor all new business and clients to ensure that business relationships are established in a fully compliant manner with internal policies and applicable regulations.
- Act as a focal point and provide guidance to all employees regarding AML enquiries.
- Update all employees regarding changes in the regulatory framework related to AML.
- Investigate suspicious transactions and make a declaration to the relevant authorities if needed, to prepare reports.
- Prepare the annual MLRO Report.
- Assist in preparing and delivering training to all employees on AML issues.

- Utilize monitoring reports to ensure that bank accounts comply with Qatar Central Bank (QCB) regulations.
- Maintain and update the compliance database for QCB and Financial Intelligence unit (FIU).
- Prepare STR reports by utilizing the Fiserv automated system, allowing the bank to flag and track suspicious account activities.
- Liaising with QCB and FIU inquiries and correspondences.
- Following up with internal and external auditing queries through comprehensive reports.
- Release incoming and outgoing payments on the Safe Watch system and Sanctions screening system that matches with the sanction lists (100%) for all USD payments.

- Assisting in the management of global-wide AML investigative program.
- Identifying and reporting suspicious money laundry and terrorist financing activities through alert analysis.
- Detecting exploits, weaknesses, and possible fraudulent activities in banking processes.
- Addressing queries from corresponding banks relating to AML.
- Build case files for suspicious transactions through collecting relevant documentation.
- Develop and deliver employee training programs to increase understanding of regulatory requirement and compliance policies.

-Preparing periodical transaction reports for management usage.
-Utilizing SafeWatch, an AML filtering & profiling system, in order to audit incoming and outgoing transactions before approving them.
-Auditing certain documentation before the approval of the opening of an account with the bank for Exchange Houses.
-Corresponding with global banks regarding queries on sanctions on certain accounts.
-Liaising with Central Bank Of Jordan and the Anti-Money-Laundry Unit regarding various inquiries.
-Follow-up with bank units regarding internal audit report findings.
-Assisting with implementation of new FATCA regulations.