Deputy Risk and Compliance Manager

About the role

Al Khaleej Takaful Insurance is looking for an experienced compliance professional to lead its Risk and Compliance function, focusing on AML/CFT oversight and regulatory risk management.

Key responsibilities

• Oversee implementation and regular review of AML/CFT policies, procedures, systems and controls.
• Monitor compliance with applicable laws, regulations and internal policies, investigating and addressing identified concerns.
• Receive, assess and report internal suspicious transaction reports.
• Serve as the primary 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 regulatory developments and support AML/CFT training delivery.

Required profile

• 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.
• Ability to investigate complex issues, communicate with senior stakeholders and handle confidential matters discreetly.
• Experience in the insurance sector is preferred.
• CAMS certification or an equivalent AML qualification is an advantage.