Senior Compliance Officer - BUNA

Buna the Arab Regional Payment Platform is looking for a responsible Senior Compliance Officer to join our founding team. Duties of the Senior Compliance Officer include working crossfunctionally to lead develop execute monitor and communicate Bunas compliance management system. The job holder is also responsible for ensuring that all systems and operations are uptodate and in line with compliance requirements and industry best practices. This position will report to the Chief Risk & Compliance Officer.

In this context the following sections detail the main qualifications skills and responsibilities related to this position:

Compliance Management and Implementation

• Develop and implement the Buna Compliance program
• Review and test the Buna Compliance program with applicable laws and make recommendations to management as necessary to improve/enhance Buna compliance framework
• Ensure compliance operations and processes are in line with regulatory and stakeholder requirements including Data Protection
• Carry out the daytoday administration of the compliance program
• Manage compliance metrics reporting and process design
• Evaluate compliance systems and ensure adequate software is in place
• Scan the environment to identify issues recommend and implement processes
• Assist with monitoring and testing as required
• Conduct vendor due diligence
• Liaise with auditors/examiners during compliance audits/examinations as assigned
• Conduct compliance risk assessment training workshops
• Follow up on compliance issues that require investigation
• Identify and interpret new/changed applicable laws relevant to the Buna business
• Perform impact analysis of new/changed applicable laws
• Coordinate communicate and maintain business relationships with internal and external parties on various legal and compliance related matters

• Effectively communicate and report out on plans status issues risks and requirements to all levels of stakeholders
• Keep uptodate on industry and regulatory changes

• Review and/or draft forms disclosures agreements etc. as the need arises
• Draft modify and implement Buna policies procedures and handbooks as needed to reflect industry best practices the evolving regulatory environment and changes to the business
• Assist with the preparation organization and maintenance of corporate documents
• Draft contracts and related internal compliance materials
• Assess in collaboration with the risk management team money laundering / terrorist financing risk recommend mitigation plans and controls
• Research analyse and provide recommended remediation efforts for clients that present AML and/or reputational risk

Experience & Education

• 5 years of work experience including audit operations or compliance management
• Prior experience in financial industry payments and /or banking compliance
• Bachelors degree from a reputable university preferably in business economics finance or accounting or an equivalent combination of education and work experience
• Relevant certifications (e.g. CBCO CRCM CAMS CUERME CRCP) are preferred

Skills

• Advanced knowledge of AML/CTF regulatory requirements ccompliance methods practices tools and procedures policy/ process development compliance management and compliance programs implementation
• Excellent communication skills (oral and written) with ability to effectively communicate by telephone face to face email and written
• Proficient in Microsoft Office (Outlook Word Excel and PowerPoint)
• Excellent organization and time management skills and ability to work on own initiative accurately to tight deadlines and to prioritize between conflicting demands
• Ability to handle multiple tasks with tight deadlines simultaneously
• Effective team player and excellent relationship building skills with ability to demonstrate a high level of discretion and positive attitude with all internal and external stakeholders
• Ability to maintain the highest level of confidential/sensitive information and professionalism
• Flexibility and readiness to work beyond regular working hours and as required

Languages

• Fluent in English & Arabic
• Knowledge of French is a plus