Job Description
- Assist in enumerating sanctions issued by the United Nations Security Council, other countries and local sanctions issued by local authorities that apply to the businesses and activities of the company.
- Assist the business in issue related to AML and Sanction risk.
- Ensure all sanction alerts are fully investigated.
- Following up warning circulars issued by FATF.
- Perform detailed name-matching investigation and write detailed report.
- Assist in setting procedures for investigating all relationships against the names classified as that of persons listed by the local authorities and United Nations and other countries.
- Assist in updating the AML & CFT questionnaire for correspondent banks or any third party.
- Preparing reports required for the function of sanction.
- Keeping all records, documents and data associated with the function for sanction.
- Assist in developing and updating an AML and combating terrorism financing policy and reporting procedures.
- Assist in develop the necessary training material to combat money laundering and terrorism financing and other related to sanction
Skills
- Excellent Command in Arabic and English both written and oral.
- Strong knowledge in Insurance, preferably medical insurance
- Planning and Organizing
- Diagnostic Information Gathering
- Analytical thinking.
- Decision Making
Education
Law (Legal) - Risk Management - Insurance Business Administration (Compliance/Governance)
