Deputy Money Laundering Reporting Officer (MLRO)

at  Ernest Talent

QUALIFICATION:

• B.S Degree in the same field or relative, CAMS certifications
  Job Type: Full-tim

• Develop and implement AML/CTF policies, procedures, and controls in accordance with regulatory requirements and industry best practices.
• Conduct regular risk assessments to identify and mitigate potential money laundering risks within the organization.
• Monitor transactions and customer activities for suspicious patterns or behaviours indicative of money laundering or terrorist financing.
• Investigate and escalate suspicious activities to the appropriate authorities, ensuring timely and accurate reporting as required by law.
• Collaborate with internal stakeholders, such as legal and operations teams, to address compliance issues and implement remedial actions.
• Stay updated on changes to AML/CTF laws, regulations as per QCB, and ensure that the company’s compliance program reflects these developments.
• Serve as the primary point of contact for regulatory inquiries from QCB and examinations related to AML/CTF compliance.
• Conduct periodic reviews and audits of the company’s AML/CTF program to assess its effectiveness and identify areas for improvement.
• Prepare and submit regulatory reports, certifications, and disclosures related to AML/CTF compliance.
• Manage chargeback and dispute resolutions coordinating with the respective parties.