Overview
Compliance Expert Jobs in Amman, Jordan at Orange Jordan
Title: Compliance Expert
Company: Orange Jordan
Location: Amman, Jordan
Key accountabilities:
- Oversee the validation of new customer account openings after verification of KYC collected by the distribution.
- Monitor Orange Money risk map and monitor the implementation and the updating with all the stakeholders.
- Perform the due diligence on new Clients, requesting the KYC and KYA information, documentation, review and verification of received documentation and making an analytical risk assessment for new Clients.
- Thoroughly and succinctly document the research and analysis related to the financial activity and related entities.
- Periodically evaluate existing Clients according to established policies and procedures.
- Monitor new regulatory and legal issues and identifying those that are applicable and impacting the company and its activities.
- Monitor the risk management activity with a reporting of all incidents.
- Ensure that all activities are documented.
- Carry out controls defined within the framework of the annual control plan.
- Monitor the implementation of corrective actions and recommendations.
- Ensure the follow-up and implementation of the recommendations issued by the Regulator and the audit.
- Produce the dashboard and reporting of the activities of the Internal Control.
- Participate in the validation of new offers to allow the implementation of specific dedicated controls.
- Participate in the awareness-raising of employees in training on various aspects of control in their activities.
- Set up a daily reporting taking into account all transaction monitoring alert, screening and alert processing operations.
- Establish and implement policies and procedures to identify and determine internal and External fraudulent situations or revenue leakage to ensure proper management of these situations.
- Develop and monitor fraud and revenue leakage detection, prevention and control actions within the company in order to minimize potential losses for the company.
- Develop, organize, and coordinate revenue leakage detection plan in order to eliminate revenue leakage possibilities and potential fraud risks.
- Promote the revenue integrity and control in the company in order to spread awareness about potential risks.
- Report to the Top management on major fraudulent incident and revenue leakage/ integrity that may preclude achievement of the company objectives to ensure that proper corrective or preventive action is taken in due time.
- Reviews and research new technologies and /or systems developed for various types of fraud and revenue leakage.
- Organize, directs, motivate, and control the Revenue Assurance & Fraud Management Department personnel and ensuring that objectives are established and communicated, monitored, and reviewed to ensure high level of performance.
Education & Experience:
- University degree in Finance, Economy or Risk Management.
- 5-7 years of experience in audit or risk management, 3 of them in compliance.
- Preferably related experience in banking sector.
- CAMS or CCM is a must to have.
