Anti-Money Laundering (AML) Compliance Specialist
Full time posted 2 months ago in Accounting / Finance Shortlist Email JobJob Detail
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Job ID 56846
Job Description
Location: Kuwait
Role Overview:
The Anti-Money Laundering (AML) Compliance Specialist plays a key role in ensuring company’s operations fully comply with the laws, regulations, and best practices related to Anti-Money Laundering (AML), Counter-Terrorism Financing (CTF), and Know Your Customer (KYC) procedures. The role focuses on developing, monitoring, and enforcing AML frameworks across all business lines — including local and international markets — to maintain company’s commitment to ethical and transparent financial conduct.
Key Responsibilities:
• Implement, monitor, and continuously improve AML and CTF policies and procedures in line with local and international regulatory requirements.
• Conduct customer due diligence (CDD) and enhanced due diligence (EDD) reviews for high-risk accounts and transactions.
• Oversee transaction monitoring systems and analyze alerts to identify potential suspicious activities.
• Prepare, review, and submit Suspicious Transaction Reports (STRs) and other filings to the relevant authorities, including the Kuwait Financial Intelligence Unit (KFIU) and the Capital Markets Authority (CMA).
• Maintain updated knowledge of all relevant AML/CFT laws, regulations, and global standards (CMA, CBK, FATF, OFAC, etc.).
• Support the compliance training program by educating employees on AML/CTF risks and policies.
• Collaborate with the KYC and Operations teams to ensure compliance is embedded in client onboarding and trading processes.
• Maintain detailed audit trails and documentation for internal and external reviews.
• Assist in periodic AML risk assessments, internal audits, and regulatory inspections.
• Recommend and help implement system enhancements to strengthen transaction monitoring, risk detection, and compliance automation.
Candidate Profile:
• Bachelor’s degree in Finance, Law, Accounting, Economics, or a related field.
• Requirement open for Arab Nationals
• 5-7 years of experience in AML/CTF compliance, preferably within a fintech, brokerage, or financial institution regulated by the CMA or CBK.
• Strong understanding of local and international AML/CTF laws and regulations (including FATF, CBK, CMA, and AMLD).
• Experience with transaction monitoring tools, compliance management systems, and digital KYC solutions.
• Certification in AML (e.g., CAMS, ICA, or equivalent) is preferred.
• Excellent analytical, investigative, and reporting skills.
Competencies Required:
• High ethical standards and professional integrity.
• Strong attention to detail and analytical thinking.
• Ownership and accountability in decision-making.
• Proactive problem-solving and ability to work under pressure.
• Clear and structured communication across internal and external stakeholders
• Strong communication skills, with the ability to work cross-functionally across departments and jurisdictions.
Apply at: resume@career-hunters.com