§ 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.
Understanding / exposure of functions directly related to AML & CFT or compliance with regulators instructions
Accounting, Finance, or any other Business related major