§ Developing and maintaining a thorough understanding of the: Ø Requirements of CB regulations related to AML & CFT. Ø Requirements of Law 106/2013, its bye-laws. Ø Requirements of Ministerial Resolution 5/2014. Ø Requirements of Kuwait Financial Intelligence Unit requirements. Ø Requirements of CB and Ministry of Social Affairs concerning charities. Ø Approved AML & CFT policies and procedures of the bank. Ø International standards related to AML & CFT issued by international organization such as FATF/Wolfsburg group and Basel. Ø User manual of Swift Sanction Screening or any other equivalent system used by AML Unit. § Investigating all suspicious transactions for validity, and report STR if required. § Handling all questionnaires and quires received by CBK correspondents and received from Kuwait Intelligence Unit. § Provide reports to AML manager on evaluating AML standards of CBK correspondents. § Monitoring CBK implementation of CB and the Ministry of Social Affairs instructions related to Charities. § Dealing and reporting to AML manager all cases referred to CBK by the Anti-Terrorism local government Committee (resolution 5/2014). § Following up to ensure that no services provided to sanctioned persons. § Preparing and maintaining tables and statistics for sanctioned persons according to Anti-terrorism local committee decisions. § Dealing with all cases alerted by Swift Sanction Screening or any other equivalent system. § Conducting the required search for any names provide by business areas of the bank. § Dealing with all daily high and moderate risk cases alerted by Siron AML system or any other alternative system used by AML Unit. § Following up all cases provided by systems for customers with incomplete CRFs. § Drafting and uploading AML related items in both CBK web site and CBK internal site. § Periodic revision of CRFs and KYCs form s to ensure inclusion of all required AML/KYC information. |
Job Details
| Posted Date: | 2018-08-11 |
| Job Location: | Al Kuwait, Kuwait |
| Job Role: | Other |
| Company Industry: | Banking |
Preferred Candidate
| Career Level: | Mid Career |
| Nationality: | Kuwait |
| Degree: | Bachelor's degree |
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