Compliance Officer

About the role

The Compliance Officer will be based in Manama, Bahrain, and will ensure that AU Group’s trade credit insurance and receivables financing activities comply with internal policies, Bahrain’s regulatory framework and international standards. Working closely with finance, commercial and operational teams, the role combines day‑to‑day monitoring with strategic risk assessment and reporting.

Key responsibilities

• Maintain and continuously improve the AML/CTF compliance programme, including policies on KYC, CDD, EDD, sanctions screening and PEP handling.
• Prepare, review and file regulatory reports such as STRs/SARs to the Financial Intelligence Unit and other mandatory submissions.
• Manage interactions with the Central Bank of Bahrain, responding to enquiries, inspections, thematic reviews and audits.
• Conduct business and AML risk assessments, update the Business Risk Assessment and AML Risk Assessment, and provide data‑driven dashboards to senior management and the Board.
• Oversee client due‑diligence and onboarding processes for institutional and high‑risk customers, ensuring alignment with Central Bank requirements.
• Lead investigations of alerts and suspicious activity, ensuring timely escalation and reporting.
• Train staff on compliance best practices and support continuous improvement of controls.

Required profile

• Strong knowledge of FATF guidelines, Bahrain AML/CFT legislation and Central Bank regulations.
• Experience in designing, maintaining and enhancing AML/CTF programmes within the financial services sector.
• Proven ability to prepare regulatory filings and manage audits or inspections.
• Excellent analytical skills with a data‑oriented approach to risk reporting.
• Effective communication skills to advise operational teams and senior management.

Required skills

• AML and CTF compliance
• KYC / CDD / EDD processes
• Sanctions screening and PEP handling
• Regulatory reporting (STR/SAR)
• Risk assessment and dashboard creation