Commercial Bank of Qatar Looking for Officer – Sanctions Governance and Correspondent Banking at Qatar Full Time

Key Accountabilities

Sanctions

• Monitor and review payment messages on which CB’s Screening System triggers alert(s) for: (i) adverse media reports; (ii) the potential violation of international/ local sanctions; (iii) violation of CB policies etc.
• Assess transactions flagged as suspicious by the bank’s sanctions screening system

Correspondent Banking

• Receive and address all correspondent banking inquiries related to CDD/KYC, payments, and request for information (RFI)

Advice and Awareness

• Actively monitor, review, and communicate notifications on changes in sanctions laws and regulations and proposes the change in requisite controls necessary to mitigate the relative risk.

Continuous Improvement

• Accurately apply OFAC, EU, UK and the State of Qatar’s sanctions regulations, Sanctions Policy to payment messages.

Policies, Systems, Processes & Procedures

• Follow all relevant departmental policies, processes, standard operating procedures and instructions so that work is carried out in a controlled and consistent manner.

Statements and Reports

• Assist in the preparation of timely and accurate departmental statements and reports.

Skills

Other Accountabilities

Minimum Qualifications:

• Bachelor degree or equivalent.
• Sanctions-related Certification(s) e.g., CAMS or CGSS or CSS will be an asset.

Minimum Experience:

• 3 -5 years’ relevant experience in Compliance and AML functions of a bank.

Key Interactions



Competencies

• Adaptability/Flexibility
• Communication
• Integrity/Ethics
• Interpersonal Skills
• Leadership
• Listening Skills
• Problem Solving/Analysis
• Results Focus
• Sense of Urgency
• Strategic Thinking/Management
• Team Leadership
• Teamwork

Education

Bachelor’s Degree, in Business-related major