Senior Manager - Anti-Commercial Concealment

D360 Bank

Responsibilities

• Supervise the anti-commercial concealment unit and manage related projects / assignments / system implementations and enhancements.
• Implement anti-commercial concealment practices and enhance AML policy and procedure;
• Mitigate, minimize, or eliminate exposure to anti-commercial concealment risk to protect the Bank's reputation.
• Design and implement internal policies, procedures, and controls to ensure that these are in alignment with applicable laws and regulations and any applicable guidelines; performs detailed investigations and write detailed reports on anti-commercial concealment investigations; responds to requests for information from regulatory bodies and law enforcement agencies.
• Participate in monitoring unusual or suspicious financial activity and assist in the protection of the Bank from concealment activities.
• Handle an ongoing revision of the Department's policies and procedures to ensure compliance with regulatory requirements as well as best practice.
• Establish contacts within and liaise with law enforcement agencies and regulatory bodies during investigations.
• Participate in implementing an ongoing AML training program for anti-commercial concealment for bank's employees.
• Communicate with other departments to ensure covering and implementing any requirement related to anti-commercial concealment unit.
• Manage anti-commercial concealment related alerts generated by transaction monitoring systems.
• Manage and provide necessary reporting for anti-commercial concealment activities.
• Ensure that all anti-commercial concealment risks are appropriately identified through risk assessments performed across Business units and the Compliance function.
• Manage transaction monitoring Users for anti-commercial concealment unit.
• Ensure that the appropriate staff, skills, and resources are in place to deliver the short and long terms goals set for the AML team.
• Provide coaching, direction, and motivation to the staff.
• Manage anti-commercial concealment team and sure they have necessary training, coaching, and directions.
• Participate in SAMA committees for ACC topic and workshops.
• Represent D360 bank in SAMA and other government bodies for anti-commercial concealment.
• Enforce, incorporate, and comply with all necessary controls and related information security (EIS) policies, procedures, practices, training, reporting, personal due diligence and vigilance, within departmental/unit activities and operations