The Role
Lead the banks Compliance function in Jordan, ensuring regulatory adherence (Central Bank, AML/CFT, sanctions, FATCA/CRS), conducting risk assessments and testing, advising business units, overseeing examinations and audits, developing policies, reporting to senior management, and promoting compliance culture through training and engagement.
Summary Generated by Built In
- Lead and oversee the Compliance function in Jordan, ensuring adherence to regulatory requirements, internal policies, and industry best practices.
- Monitor and assess regulatory developments issued by the Central Bank of Jordan and other authorities, ensuring timely implementation across the Bank.
- Oversee AML/CFT, sanctions compliance, FATCA/CRS requirements, fraud risk management, and customer protection initiatives.
- Conduct compliance risk assessments, gap analyses, and compliance testing activities, and recommend corrective actions to strengthen the control environment.
- Review and assess compliance risks associated with new products, services, projects, and delivery channels.
- Provide compliance advisory support and guidance to business units and management on regulatory and compliance matters.
- Develop, review, and enhance compliance policies, procedures, and frameworks to ensure ongoing regulatory compliance.
- Oversee regulatory examinations, internal and external audit reviews, and the implementation of corrective action plans.
- Prepare and present compliance reports, key risk indicators, and recommendations to senior management and relevant committees.
- Promote a strong compliance culture through training, awareness programs, and continuous engagement with stakeholders.
Requirements
- Bachelor’s degree in Business Administration, Banking, Law, or a related field.
- Minimum of 10 years of experience in Compliance, Anti-Money Laundering (AML), and Counter-Terrorist Financing (CTF) within the banking sector.
- Professional certifications such as CAMS, ICA, or equivalent are preferred.
- Comprehensive knowledge of Central Bank of Jordan regulations and local banking legislation.
- Advanced knowledge of AML/CFT requirements, international sanctions, FATCA, and CRS regulations.
- Strong analytical skills with the ability to assess risks and identify regulatory gaps.
- Ability to prepare professional reports and presentations.
- Strong leadership and supervisory capabilities.
- Excellent communication, negotiation, and influencing skills.
- Fluency in English, both written and spoken.
- Ability to work under pressure and make sound decisions.
- Advanced proficiency in banking systems and related applications.
Skills Required
- Bachelor's degree in Business Administration, Banking, Law, or related field
- Minimum 10 years of experience in Compliance, AML, and CTF within the banking sector
- Professional certifications such as CAMS, ICA, or equivalent
- Comprehensive knowledge of Central Bank of Jordan regulations and local banking legislation
- Advanced knowledge of AML/CFT requirements, international sanctions, FATCA, and CRS regulations
- Strong analytical skills to assess risks and identify regulatory gaps
- Ability to prepare professional reports and presentations
- Strong leadership and supervisory capabilities
- Excellent communication, negotiation, and influencing skills
- Fluency in English, written and spoken
- Ability to work under pressure and make sound decisions
- Advanced proficiency in banking systems and related applications
Am I A Good Fit?
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.
Success! Refresh the page to see how your skills align with this role.
The Company
What We Do
Bank of Jordan is a leading financial institution established in 1960, offering a comprehensive range of personal and corporate banking services, including digital banking solutions, and plays a pivotal role in supporting investments and economic development in Jordan and the region.
