Deputy Risk and Compliance Manager

Al Khaleej Takaful Insurance is seeking an experienced compliance professional to oversee its Compliance and AML/CFT activities. This role calls for sound judgment, independence and the ability to work across the business to manage regulatory risk.

• Oversee the implementation and regular review of AML/CFT policies, procedures, systems and controls.
• Monitor compliance with applicable laws, regulations and internal policies, and ensure that identified concerns are investigated and addressed.
• Receive and assess internal suspicious transaction reports and fulfil the role's related reporting responsibilities.
• Act as a point of contact for relevant authorities on AML/CFT matters.
• Report significant compliance matters, breaches and corrective actions to senior management and the Board.
• Keep the organisation informed of relevant regulatory developments and support the delivery of compliance and AML/CFT training.

• A degree in Business Administration, Finance, Law or a related discipline.
• 5-10 years of relevant experience, including 2-4 years in a comparable role.
• Strong knowledge of AML/CFT requirements and compliance practices in a regulated financial institution.
• The ability to investigate complex issues, communicate clearly with senior stakeholders and handle confidential matters with discretion.
• Experience in insurance is preferred. CAMS certification or an equivalent AML qualification is an advantage.