Supervisor Compliance Quality Assurance

Job Purpose: 

To execute quality monitoring and improvement activities and assists in the design, development and usage of quality management system and audit tools for effective monitoring of performance against stated standards & service levels.

Key Accountabilities & Detailed Tasks :

• Analyze the queries received from various departments and prepare action plan.
• Review queries and organize the best way to replays and feedback.
• Review the prepared training materials and plans for new joiners as well as for existing staff regarding Anti- Money Laundering.
• Conducts regular quality induction and awareness sessions in order to educate new and old staff on the basics of quality guidelines, rules and procedures.
• Coordinates all departmental activities related to quality commitment in order to enhance effectiveness and ensure superior capabilities; achieve a satisfactory working environment with other departments performing quality-assurance studies.
• Participate in evaluating the commitments of departments to the relevant requirements of SAMA for combating money laundering and terrorist financing.
• Review the updated the procedure manual according to the amendments in the Anti- Money Laundering rules.
• Follows all relevant departmental policies, processes, standard operating procedures and instructions so that work is carried out in a controlled and consistent manner.
• Review the updates performed on the bank’s policies and procedures from AML prospective.
• Review and conduct quality checking for the work performed by other AML subunits.
• Review the AML and Sanction assessment conducted on ongoing basis, and ensure its completeness and that it is properly performed and conducted.
• Review the conducted annual regional Risk Assessment Workshop, prepare analysis of results, and execute the AML risk responses including management and conduct of the AML monitoring and surveillance program. Ensure timely and accurate responses to the annual money laundering/Sanction risk assessment.

Minimum Qualifications:

Bachelor’s degree or equivalent education level Diploma in Anti Money Laundering, CCO or related field will be an added advantage

Minimum Experience:

4 to 7 years of experience

 Job-Specific Skills: 

• Strong Knowledge the AML suspicious activity transaction monitoring
• RIO, RBS, SAS, ELSAG, SIB2K and AML management systems
• systems, data mining/analytical tools, and KYC automated solution
• Strong database skills, including working with advanced data sets, pivot tables, advanced database and statistical functions and methods.
• Experience in banking and financial institutions
• English languages is a must