Compliance and Administration Officer

Chedid Capital

Responsibilities

• Ensure that the screening exercise is executed according to the screening policy and procedures.
• Screen customers prior to policy issuance in accordance with what is required by the legislative and regulatory bodies.
• Screen business partners before initiation of business relationship.
• Resolve screening matches resulting from other users screening.
• Understand and adhering to all Global sanctions policies applicable in the country.
• Maintain effective practices and procedures for sanctions screening.
• Keep abreast of sanctions updates.
• Perform risk profiling of customers depending on screening results.
• Manage the Know Your Customer (KYC) / Know Your Business Partner (KYBP) Policies and Procedures and ensuring that all relevant due diligence requirements are executed for that purpose.
• Follow up with the operations on the collection of KYC documents from customers and business partners regularly.
• Update shared records and trackers for ease of access by other members of the company spontaneously.
• Report on monthly basis to the management.
• Keep abreast of international laws, sanctions, regulatory environments, and standards.
• Develop Regulatory Databases and Checklists.
• Develop and submit required regular reports to the Financial Regulatory Authority
• Constant updates on regulatory changes and keep all stakeholders informed with these changes
• Coordinate with legal on the review and sign off of agreements with insurers and business partners
• Assist in developing Compliance Monitoring Programs, Plans, Registers, etc.
• Assist in developing Compliance & AML related policies, procedures, systems and controls.
• Evaluate business activities and assess compliance risks.
• Listen to and address employee concerns and questions on legal compliance.
• Liaise and coordinate with the Corporate Shared Services Division
• Organize, file and archive records for maintenance and retrieval purposes
• Act as an administrative support to the sales team including liaising with insurance companies
• Assist in market surveys
• Receive requests for office supplies and respond in a timely manner
• Organize, file and archive records for maintenance and retrieval purposes
• Arrange personal files and make sure all documents needed are available and updated.
• Follow up on all types of correspondence.
• Perform any other duties as requested.