237 Trainee Compliance jobs in Bahrain

Full Time

Job Purpose

The IT Compliance & Risk Lead is responsible for the assessment of technology vendor risks and control effectiveness across the IT disciplines. The IT Risk lead will identify, classify, and document control issues in the bank's environment by documenting assessment results, recommending corrective action, tracking remediation, evaluating policy and control standard exceptions, and regularly reporting to IT management.

Key Accountabilities

1. Supports the establishment of the IT risk management process and integration and maturing of the process across the IT disciplines and practices.
2. Supports development of the technology risk framework, policies, standards, and risk taxonomy.
3. Supports the implementation and adherence to the risk framework, in collaboration and conjunction with business-aligned risk partners.
4. Evaluates and identifies technology risk related to divisions and the enterprise, including emerging trends that may impact risk profile.
5. Supports the self and control risk assessment (RCSA) for IT and engages with the IT stakeholders to define the controls in place, residual risk, and treatment plans.
6. Maintains a consolidated list of the technology risks at the enterprise level and ensures continuous monitoring of the risks and corresponding mitigation plans.
7. Implements risk assessments across the enterprise and builds an overall profile of the technology risk.
8. Provides credible challenge based on risk assessment results and ensures risk is being mitigated.
9. Collaborates with division risk officers and subject matter experts to ensure policies and standards are practical, effective, and efficient.

Qualifications
Bachelor’s/master’s degree in computer science or related field.
Professional Certifications: COBIT, ITIL, CRISC, ISACA.

Experience
6 – 8 Years

Skills

1. Minimum 3-5 years of experience in an IT risk and compliance role.
2. Solid understanding of IT governance, information security policies, standards, and industry best practices.
3. Experience in technology and operational risks frameworks.
4. Practical experience in scoping, conducting risk assessments, and documenting results.
5. Detail-oriented and able to meet tight deadlines.
6. Excellent documentation skills and ability to communicate effectively across functional areas.

Join to apply for the IT COMPLIANCE & RISK role at Minds United

The IT Compliance & Risk Lead is responsible for assessing technology vendor risks and control effectiveness across IT disciplines. The role involves identifying, classifying, and documenting control issues within the bank's environment, documenting assessment results, recommending corrective actions, tracking remediation, evaluating policy and control standard exceptions, and regularly reporting to IT management.

Key Accountabilities:

1. Support the establishment and maturation of the IT risk management process across IT disciplines.
2. Develop technology risk frameworks, policies, standards, and risk taxonomy.
3. Implement and ensure adherence to the risk framework in collaboration with risk partners.
4. Evaluate technology risks related to divisions and enterprise, including emerging trends.
5. Support risk assessments (RCSA) for IT, engaging with stakeholders to define controls and residual risks.
6. Maintain a consolidated list of technology risks and monitor mitigations.
7. Conduct risk assessments and build an overall technology risk profile.
8. Provide credible challenge based on risk assessments to ensure mitigation.
9. Collaborate with risk officers and subject matter experts to ensure policies and standards are practical and effective.

Qualifications: Bachelor’s or master’s degree in computer science or related field. Professional certifications such as COBIT, ITIL, CRISC, ISACA are preferred.

Experience: 6 – 8 years in IT risk and compliance roles.

Skills:

• Minimum 3-5 years of experience specifically in IT risk and compliance.
• Strong understanding of IT governance, security policies, standards, and industry best practices.
• Experience with technology and operational risk frameworks.
• Practical skills in risk scoping, assessment, and documentation.
• Detail-oriented with the ability to meet deadlines.
• Excellent documentation and communication skills across functions.

Seniority level: Mid-Senior level

Employment type: Full-time

Job function: Information Technology

Industries: Outsourcing and Offshoring Consulting

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.

• Develop, implement, and maintain the company's compliance program.
• Conduct regular risk assessments and identify potential compliance vulnerabilities.
• Perform internal audits and reviews to ensure adherence to policies and regulations.
• Investigate potential compliance issues and recommend corrective actions.
• Stay updated on relevant laws, regulations, and industry best practices.
• Develop and deliver compliance training programs to employees.
• Advise management and business units on compliance matters.
• Prepare compliance reports for senior management and regulatory bodies.
• Oversee the implementation of new compliance initiatives.
• Foster a culture of compliance and ethical conduct throughout the organization.

• Bachelor's degree in Law, Finance, Business Administration, or a related field; advanced degree or professional certification (e.g., CAMS, CRCM) preferred.
• Minimum of 7 years of experience in compliance, risk management, or audit within the banking and finance industry.
• In-depth knowledge of financial regulations, AML/KYC laws, and banking practices.
• Strong analytical, research, and problem-solving skills.
• Excellent written and verbal communication skills.
• Ability to interpret and apply complex regulatory requirements.
• Proven experience in conducting compliance training and risk assessments.
• High level of integrity and attention to detail.
• Ability to work independently and manage multiple priorities.

• Develop, implement, and maintain the company's compliance program, ensuring adherence to all applicable laws and regulations, including AML, KYC, and sanctions screening.
• Conduct regular risk assessments and identify potential areas of compliance vulnerability and risk.
• Develop and deliver compliance training programs for employees across various departments.
• Monitor regulatory changes and updates, assessing their impact on the company's operations and policies.
• Investigate potential compliance breaches, conduct internal audits, and prepare reports with findings and recommendations.
• Review marketing materials and new product initiatives for compliance with regulatory requirements.
• Liaise with regulatory bodies during examinations and inquiries.
• Develop and update compliance policies, procedures, and guidelines as needed.
• Maintain accurate records of compliance activities and provide regular reports to senior management.
• Foster a culture of compliance and ethical conduct throughout the organization.

• Bachelor's degree in Law, Finance, Business Administration, or a related field.
• Professional certifications such as Certified Anti-Money Laundering Specialist (CAMS) or equivalent are highly desirable.
• Minimum of 5 years of experience in financial compliance, regulatory affairs, or risk management within the banking sector.
• In-depth knowledge of banking regulations, compliance frameworks, and international standards.
• Strong analytical, investigative, and problem-solving skills.
• Excellent written and verbal communication skills, with the ability to clearly articulate complex compliance issues.
• Proficiency in compliance management software and tools.
• High level of integrity, ethical conduct, and discretion.
• Ability to work effectively both independently and as part of a team in a hybrid work environment.
• Experience in managing regulatory examinations and interacting with authorities.

• Develop, implement, and manage comprehensive compliance programs and policies.
• Conduct regular risk assessments to identify potential areas of compliance vulnerability and risk.
• Investigate compliance issues, allegations, and reports of potential violations.
• Develop and deliver compliance training programs to employees across the organization.
• Monitor adherence to company policies, procedures, and regulatory requirements.
• Prepare and submit regulatory filings and reports accurately and on time.
• Advise business units on compliance matters and provide guidance on interpreting regulations.
• Stay updated on changes in relevant laws, regulations, and industry best practices.
• Manage internal and external audits and examinations.
• Develop and implement corrective action plans to address compliance deficiencies.
• Maintain accurate and organized compliance records and documentation.
• Collaborate with legal and operational teams to ensure integrated compliance strategies.
• Promote a culture of compliance and ethical conduct throughout the organization.
• Analyze data to identify trends and patterns in compliance activities.
• Respond to inquiries from regulatory bodies and provide necessary information.