ASSOCIATE (2) – LIABILITY OPERATIONS / OPERATIONS DEPARTMENT
JOB SCOPE
Ensure compliance with the regulations pertaining to the prevention of Money Laundering & Financing for Terrorism and help implement the procedures for this purpose, as may be devised from time to time. Responsible for assisting in creating a culture of fullest compliance to the AML & CFT regulations and MIB’S policies.
KEY RESPONSIBILITIES
Monitor, review and follow up and scrutinize data feed of the compass system and analyze for suspicious activities or patterns.
Ensure that the MIB staff comply with CDD & KYC requirements as laid down in regulations and MIB internal policies.
Raising red flags and sharing information with the Chief Compliance Officer upon discovering any suspicious activity or pattern in any account.
Prepare suspicious transactions report (STR) under supervision of Branch Manager and ensure timely submission of the same to RMCU.
Responding to all queries raised by RMCU in relation to any suspicious activity or account.
Assist in compliance reviews of the department, account opening and other internal processes to test the level of compliance of these areas with MIBs AML/CFT policies and procedures.
Assist in training and consequent tests for the department.
Attend all queries and information requests from RMCU.
Ensure that the AML/CFT procedures are being followed as advised
Any other relevant tasks assigned by manager / Chief Banking Operation Officer and or Chief Compliance Officer
REQUIREMENTS
Diploma in related field OR,
Minimum 02 Passes in A ‘Level OR,
Minimum 03 Passes in O’ Level with minimum 03 years of work experience in a similar field
Proficiency in MS office suite of applications
Fluency in Oral and Written Communication
Ability to plan, multitask, manage time effectively and meet deadlines
Strong organizational and time management skills.
Documents required with application.
Curriculum Vitae (CV) / Resume,
Attested educational certificates,
National ID card copy,
Passport Size Photo
Police Report (validity less than 06 months)
Deadline:
Date: 16th April 2025
Time: 14:30
Inquiries
Should you have any inquiries please send us an email to [email protected].
REMUNERATION
Average Monthly Salary - MVR 11,700.00+
Performance-based bonus
Annual Increment
Health insurance for staff and direct dependents
Professional growth and development
Exclusive employee benefits on bank's products.
Please note that only shortlisted candidates will be contacted to attend interview.