Associate, AML CTF Investigations (Qatarization)

About the role

QNB Group, the largest bank in the Middle East and Africa, is hiring an Associate for AML CTF investigations in its Audit & Compliance department in Doha, Qatar. The role ensures that adequate AML/CTF systems and controls exist at Group level to manage money laundering and terrorist financing risk, and keeps the Group aligned with QCB instructions and FATF requirements so it avoids legal, regulatory and reputational sanctions.

Key responsibilities

• Monitor customer daily transactions to spot suspicious activity and implement KPIs and best practices for AML CTF investigations.
• Liaise regularly with the Qatar Central Bank, Qatar Financial Market Authority, Qatar Financial Center authorities, the NAMLC, the FIU and other government bodies on AML/CTF matters.
• Help implement QCB regulations and amend the AML/CTF policy manual and procedures in line with local and international law.
• Develop and run the AML/CTF review plan, test compliance with the KYC policy and report deviations to the Senior Vice President, Global AML CTF.
• Review and investigate suspicious transaction reports (STRs) and respond to AML/CTF questionnaires from correspondent banks.
• Co-ordinate AML/CTF training, work with branch managers on system-generated reports, liaise with the system vendor and IT, and keep AML/CTF documentation stored properly.
• Act as backup for the Compliance Manager, take part in special assignments and investigations, and follow the Three Lines of Defence and operational risk frameworks.