15 Compliance Manager jobs in Bahrain

Responsibility：

1. Handle tax compliance related inquiries on daily basis, and provide tax compliance solutions;
2. Responsible for daily invoice operation and management, follow up on the implementation of invoicing solution, and optimize the processes of invoice issuance and verification;
3. Responsible for tax filing and compliance management of all types of taxes;
4. Responsible for handling simple and basic inquires from tax authorities, maintain a smooth communication channel with the in-charge tax bureau;
5. Assist in handling tax audits cases initiated by in-charge tax bureau;
6. Responsible for daily communication with external advisors;
7. Assist in handling tax issues arised from the company's annual finance audit and other finance reporting works;
8. Participate in the construction of tax system.

Minimum Requirements:

1. Bachelor's degree in Accounting
2. English proficiency to support daily finance and taxation communication, oral communication and written communication with external firms and other institutions;
3. Attributes:

• Strong analytical and problem-solving skills: To analyze financial data, identify discrepancies, and resolve issues.
• Excellent communication skills: To explain complex tax information clearly and concisely to various stakeholders.
• Attention to detail: Accuracy is critical in tax compliance, so meticulousness is essential.
• Knowledge of tax laws and regulations: A thorough understanding of relevant tax codes is fundamental.
• Proficiency in relevant software and tools: This may include accounting software, tax preparation software, and data analysis tools.
• Experience with tax audits: Some roles require experience in handling or preparing for tax audits.

The Bahrain-based MLRO (Senior Manager ) will report to the Regional MEA Head of Compliance. You will be responsible for supporting Crypto.com’s Bahrain business in their regulatory licensing application(s) with the Central Bank of Bahrain, compliance obligations, including daily management of the Bahrain Compliance Program, management of independent reviews/external audits, preparing and submitting regulatory reports, maintaining program documentation tracking, and providing recommendations in program improvements.

You will also support the Regional MEA Head of Compliance in other Middle East markets.

• Work with internal stakeholders (eg Legal, Compliance, IT Security, Product etc) and external stakeholders (external Counsel) to assure quality and accurate response(s)/submission(s) to regulators with regard to licensing, registration and/or ongoing operational reporting
• Work with different functions to ensure compliance with the Central Bank of Bahrain’s (“CBB”) regulatory requirements
• Assist with the periodic review of policies and training
• Manage internal compliance operational controls, independent reviews and regulatory enquiry responses as required
• Identify, highlight and manage regulatory risks, findings and recommendations that are identified internally through independent reviews or examinations
• Work with Management and staff to ensure that the business implements and maintains suitable systems and controls to meet the regulatory requirements
• Respond to law enforcement requests and inquiries
• Manage key compliance projects to ensure that compliance projects are executed on a timely basis and in compliance with local regulatory requirements
  

• Minimum of five years of relevant experience in complex retail/consumer financial services/payment services organisations that provide multiple financial products, or a regulatory agency or law firm involving compliance issues relating to anti money laundering, and related payments services laws and regulations
• Excellent knowledge of anti-money laundering regulations, the Central Bank of Bahrain’s Rulebook and associated E-money Regulations within the banking/financial services industry
• Ability to distil and discern important information from regulatory guidance, statutes and regulations, audit findings, and other documents and determine how it impacts the business
• Must be able to perform independently and with minimal supervision
• Strong organisational skills – must be multi-tasked oriented and able to balance pressure and deadlines with constantly changing priorities
• Strong written and verbal communication skills. Ability to prioritise workload in line with tight deadlines and work effectively under pressure
• Excellent written communication – business and project reports
• Experience interacting with local regulators a plus
• CAMS certification, or willingness to obtain, preferred
• Knowledge of digital assets and fintech products is preferred
• Ability to work within a matrixed environment and cross functionally with operations and technology functions from scratch alongside with a talented team
  

Bank of Jordan is expanding its operations and is looking for a dedicated and knowledgeable Compliance Officer to join our Bahrain branch. As a Compliance Officer, you will be responsible for ensuring that our banking operations in Bahrain are compliant with local regulatory requirements, internal policies, and industry best practices.

Your expertise in compliance, risk management, and regulatory matters will play a critical role in maintaining our commitment to integrity and accountability while fostering a culture of compliance within the branch. You will monitor compliance processes, conduct risk assessments, provide guidance to employees, and assist in implementing compliance programs tailored to the Bahrain regulatory landscape.

Responsibilities

• Monitor and ensure compliance with regulatory requirements applicable to the Bank of Jordan's operations in Bahrain
• Develop and implement compliance policies and procedures in line with local regulations and the bank's risk appetite
• Conduct compliance risk assessments and audits, and prepare reports on findings
• Provide training and guidance to staff on compliance policies, regulatory requirements, and ethical standards
• Assist in the investigation and resolution of compliance issues and regulatory violations
• Stay informed on changes to local regulations and industry best practices that may impact banking operations
• Prepare regular compliance reporting for senior management and regulatory authorities as required
• Collaborate with internal departments, such as Risk Management and Legal, to ensure a holistic approach to compliance
  
  
  

• Bachelor's degree in finance, law, business administration, or a related field. A master's degree or relevant certification (e.g., CAMS, CRCM) is a plus
• Minimum 3-5 years of experience in a compliance role within the banking or financial services industry, preferably in Bahrain
• Strong knowledge of Bahrain's regulatory environment and banking regulations
• Excellent analytical skills and attention to detail
• Strong communication and interpersonal skills, with the ability to work effectively with diverse teams
• Demonstrated ability to handle sensitive information with confidentiality and integrity
• Ability to work independently and manage multiple priorities in a fast-paced environment
• Proficient in using compliance management software and Microsoft Office applications
• Fluency in both Arabic and English is required

Bank of Jordan is expanding its operations and is looking for a dedicated and knowledgeable Compliance Officer to join our Bahrain branch. As a Compliance Officer, you will be responsible for ensuring that our banking operations in Bahrain are compliant with local regulatory requirements, internal policies, and industry best practices.

Your expertise in compliance, risk management, and regulatory matters will play a critical role in maintaining our commitment to integrity and accountability while fostering a culture of compliance within the branch. You will monitor compliance processes, conduct risk assessments, provide guidance to employees, and assist in implementing compliance programs tailored to the Bahrain regulatory landscape.

• Monitor and ensure compliance with regulatory requirements applicable to the Bank of Jordan's operations in Bahrain.
• Develop and implement compliance policies and procedures in line with local regulations and the bank's risk appetite.
• Conduct compliance risk assessments and audits, and prepare reports on findings.
• Provide training and guidance to staff on compliance policies, regulatory requirements, and ethical standards.
• Assist in the investigation and resolution of compliance issues and regulatory violations.
• Stay informed on changes to local regulations and industry best practices that may impact banking operations.
• Prepare regular compliance reporting for senior management and regulatory authorities as required.
• Collaborate with internal departments, such as Risk Management and Legal, to ensure a holistic approach to compliance.

• Bachelor's degree in finance, law, business administration, or a related field. A master's degree or relevant certification (e.g., CAMS, CRCM) is a plus.
• Minimum 3-5 years of experience in a compliance role within the banking or financial services industry, preferably in Bahrain.
• Strong knowledge of Bahrain's regulatory environment and banking regulations.
• Excellent analytical skills and attention to detail.
• Strong communication and interpersonal skills, with the ability to work effectively with diverse teams.
• Demonstrated ability to handle sensitive information with confidentiality and integrity.
• Ability to work independently and manage multiple priorities in a fast-paced environment.
• Proficient in using compliance management software and Microsoft Office applications.
• Fluency in both Arabic and English is required.

1. Develops, initiates, maintains, and revises policies and procedures for the general operation of the Risk, Compliance, AML/CFT Program and its related activities to prevent illegal, unethical, or improper conduct. Manages the day-to-day operation of the Program. Develops and periodically reviews and updates the Business Code of Conduct to ensure continuing accuracy and relevance in providing guidance to management and employees.
2. Promotes an enterprise-wide-risk management competence throughout the company, including facilitating the development of risk management culture, common risk language and technical risk management expertise.
3. Maintains effective systems and controls for compliance with applicable requirements as per the country’s legislation, those set by the CBB, and those established under any other statute or regulator to which the company is subject.
4. Advises senior management/head of function on compliance with laws, rules and standards including keeping them informed on developments in the area.
5. Identifies potential areas of compliance vulnerability and risk and develops/implements corrective action plans for resolution of problematic issues and provides general guidance on how to avoid or deal with similar situations in the future.
6. Identifies, documents, and assesses the compliance risks associated with the development of new products and business practices, the proposed establishment of new types of business or customer relationships, or material changes such relationships. Defines the plans to manage them.
7. Establishes and maintains a Risk and Control Self-Assessment framework which provides the identification of inherent risks, mitigating controls and residual risks.
8. Responds to alleged violations of applicable rules, regulations, policies, procedures, and Standards of Conduct by evaluating or recommending the initiation of investigative procedures. Develops and oversees a system for uniform handling of such violations.
9. Acts as an independent review and evaluation body to ensure that compliance issues/concerns within the organization are being appropriately evaluated, investigated, and resolved.
10. Educates staff on compliance issues and acts as a contact point within the Company for compliance queries from staff members.
11. Monitors and coordinates compliance activities with other departments to remain abreast of the status of all compliance activities and identify latest trends.
12. Monitors and tests compliance by performing sufficient and representative compliance testing. Provides reports on a regular basis and as requested, to keep the senior management and Board of Directors informed of the operation and progress of compliance efforts.
13. Ensures proper reporting of violations or potential violations to duly authorized enforcement agencies as appropriate and/or required.
14. Establishes and maintains an effective compliance communication program for the organization, including an effective compliance training program for all employees and managers.
15. Monitors the performance of the Risk and Compliance Program and related activities on a continuing basis, taking appropriate steps to improve its effectiveness.
16. Ensures all relevant staff are effectively trained on AML/CFT.
17. Monitors the level of AML/CFT compliance within the company and identifies any additional training needs.
18. Acts as the point of contact for all AML/CFT related queries and STRs reporting to the authorities as and when required.
19. Prepares annual reports on AML/CFT Compliance to the Board of Directors and senior management.
20. Maintains a culture of Risk Management across all levels of the organization driven by a “top down” approach.
21. Integrates Risk Management with all organizational systems, thus ensuring greater acceptance of Risk Management practices across all levels.
22. Sustains and standardizes Risk Management practices across all levels, thus ensuring a common language as to classification and assessment of risks.
23. Designs and maintains a range of reporting mechanisms including early warning of potential risk factors, to alert different levels of management.
24. Develops and regularly updates risk register and associated risk profiles for critical processes.
25. Adopts best practices in the identification, evaluation, and control of risks in order to eliminate or reduce the risks to a level acceptable to the organization.

1. A Bachelor’s degree required; Master’s preferred
2. ICA certification or equivalent
3. CAMS certification or equivalent
4. FRM or PRM; or equivalent.

Bank of Jordan is expanding its operations and is looking for a dedicated and knowledgeable Compliance Officer to join our Bahrain branch. As a Compliance Officer, you will be responsible for ensuring that our banking operations in Bahrain are compliant with local regulatory requirements, internal policies, and industry best practices.

Your expertise in compliance, risk management, and regulatory matters will play a critical role in maintaining our commitment to integrity and accountability while fostering a culture of compliance within the branch. You will monitor compliance processes, conduct risk assessments, provide guidance to employees, and assist in implementing compliance programs tailored to the Bahrain regulatory landscape.

Responsibilities

• Monitor and ensure compliance with regulatory requirements applicable to the Bank of Jordan's operations in Bahrain.
• Develop and implement compliance policies and procedures in line with local regulations and the bank's risk appetite.
• Conduct compliance risk assessments and audits, and prepare reports on findings.
• Provide training and guidance to staff on compliance policies, regulatory requirements, and ethical standards.
• Assist in the investigation and resolution of compliance issues and regulatory violations.
• Stay informed on changes to local regulations and industry best practices that may impact banking operations.
• Prepare regular compliance reporting for senior management and regulatory authorities as required.
• Collaborate with internal departments, such as Risk Management and Legal, to ensure a holistic approach to compliance.

• Bachelor's degree in finance, law, business administration, or a related field. A master's degree or relevant certification (e.g., CAMS, CRCM) is a plus.
• Minimum 3-5 years of experience in a compliance role within the banking or financial services industry, preferably in Bahrain.
• Strong knowledge of Bahrain's regulatory environment and banking regulations.
• Excellent analytical skills and attention to detail.
• Strong communication and interpersonal skills, with the ability to work effectively with diverse teams.
• Demonstrated ability to handle sensitive information with confidentiality and integrity.
• Ability to work independently and manage multiple priorities in a fast-paced environment.
• Proficient in using compliance management software and Microsoft Office applications.
• Fluency in both Arabic and English is required.