وصف الوظيفة
Role Overview
Deputy MLRO at The Apex Group, Manama, Bahrain. This is an approved controlled function (DMLRO) role reporting to the Head of Compliance & MLRO.
Company Overview
The Apex Group was established in Bermuda in 2003 and is one of the world's largest fund administration and middle office solutions providers. The company operates across 112 offices worldwide with approximately 13,000 employees, delivering cross-jurisdictional services with global reach and local service capability.
Role Purpose
The DMLRO is the approved controlled function responsible for ensuring the Company's compliance with all applicable AML/CFT and Sanctions requirements under the CBB Rulebook. The role serves as the primary contact with the Anti-Financial Crime Directorate (AFCD) at the CBB and Financial Intelligence Directorate (FID) at the Ministry of Interior, ensuring effective identification, monitoring, and reporting of financial crime risks.
Key Responsibilities
Regulatory Compliance & Reporting
- Act as the Company's DMLRO as required under the CBB Rulebook.
- Assist the MLRO in discharge of duties.
- Act as MLRO in absence with full delegated authority.
- Ensure timely submission of Suspicious Transaction Reports (STRs).
- Maintain appropriate records of internal reports and decisions.
- Report directly to the Board and Senior Management on AML matters when needed.
- Ensure independence and unrestricted access to information.
- Ensure timely submission of regulatory returns and reporting.
- Prepare responses to routine, ad-hoc, and urgent information requests from the regulator or relevant stakeholders in a timely and accurate manner.
Policy & Controls Implementation
- Implement and maintain AML/CFT policies, procedures, and controls aligned with CBB requirements and any other relevant authority.
- Conduct Annual Compliance Testing.
Customer Due Diligence & Monitoring
- Oversee customer due diligence (CDD/EDD) for clients, funds, investors, and related parties.
- Oversee ongoing monitoring, periodic KYC review, and trigger events.
- Sign-off on High Risk/PEPs.
Sanctions & Risk Management
- Oversee sanctions screening and PEP identification, including SOW/SOF requirements.
- Monitor AML risks arising from outsourcing and delegated arrangements.
- Approve reliance on third parties and ensure adequate oversight controls.
Regulatory & Stakeholder Engagement
- Liaise with regulators, auditors, and relevant stakeholders.
- Ensure timely closure of audit and regulatory findings.
Training & Awareness
- Deliver AML/CFT training and awareness.
Compliance Activities
- Assist on regulatory compliance activities and obligations.
- Assist the Data Protection Officer with related reporting and obligations.
- Keep up-to-date with all relevant laws and regulations and communicate regulatory changes and developments to senior management and staff.
Qualifications & Experience
- Bachelor's degree in relevant field.
- AML/CFT experience in financial services.
- Professional certification (CAMS/ICA) preferred.
Skills & Competencies
- Strong regulatory judgment and independence.
- Attention to detail.
- Ability to work under pressure.
- Stakeholder management.
- Strong communication skills.
- Ability to ensure compliance while supporting business needs.
- Solutions-driven critical thinking with the ability to adapt to change.
- Strong English and Arabic language proficiency.
Additional Information
- Department: Compliance.
- Controlled Function: DMLRO (as per CBB Rulebook).
- High level of visibility within a large organisation on an upwards trajectory.
- Be part of a dynamic and fast-paced team that makes a genuine impact on the business.
- Exposure to all aspects of the business.