We are looking for an experienced MLRO & Compliance Officer to lead the Company’s AML/CFT and compliance framework and ensure full compliance with Central Bank of Bahrain (CBB) regulations and applicable regulatory requirements.

Key Responsibilities

Develop, maintain, and enhance the Company’s AML/CFT and compliance framework in line with the CBB Rulebook and applicable laws and regulations.
Act as the primary point of contact for CBB and other relevant regulatory authorities on compliance and AML/CFT matters.
Oversee KYC, CDD/EDD, sanctions screening, transaction monitoring, and ongoing customer due diligence.
Review and investigate suspicious activities and manage internal and external Suspicious Transaction Reports (STRs).
Monitor regulatory developments and ensure timely implementation of new CBB requirements.
Advise the CEO, senior management, and Board on compliance, AML/CFT, and regulatory matters.
Prepare and submit compliance, AML/CFT, and regulatory reports as required.
Lead or coordinate regulatory inspections, audits, compliance reviews, and remediation activities.
Develop, review, and maintain AML/CFT, sanctions, compliance, governance, risk, and related policies and procedures.
Conduct compliance risk assessments and monitor the effectiveness of the Company’s compliance controls.
Develop and deliver AML/CFT and compliance training to employees and promote a strong compliance culture.
Maintain appropriate records relating to customer due diligence, transactions, STRs, training, and compliance reviews.
Provide guidance to business units on regulatory requirements and ensure compliance risks are identified and addressed appropriately.

Requirements

Bachelor’s degree in Law, Business, Finance, Accounting, or a related discipline.
6–10 years of relevant experience in AML, Compliance, Regulatory Compliance, or Financial Crime within the financial services sector.
Previous experience as an MLRO / Deputy MLRO / Compliance Officer / Head of Compliance within a CBB-regulated entity.
Strong knowledge of the CBB Rulebook, AML/CFT regulations, KYC/CDD/EDD, sanctions, and transaction monitoring.
Proven experience dealing with regulators, auditors, senior management, and/or Board-level stakeholders.
Strong experience in STR investigations and regulatory reporting.
CAMS, ICA, or equivalent professional certification is preferred.
Must meet applicable CBB Fit & Proper requirements and be eligible for approval as MLRO & Compliance Officer.
Strong analytical, communication, reporting, and decision-making skills.