Regulatory Compliance Officer

  • Competitive
  • Manama, Capital Governorate, Bahrain Manama Capital Governorate BH
  • Permanent, Full time
  • Non-disclosed
  • 17 Mar 18 2018-03-17

Responsible for assisting the Group Head of Regulatory Affairs in implementing the Group Compliance Programme of the bank's Bahrain (“Bahrain Unit”) in order to ensure the Bank complies with applicable rules and regulations.

Principal Responsibilities, Accountabilities and Deliverables of Role:

  • Support the establishment and maintenance of the Regulatory Register and Key Obligations 
  • Support the Key Obligations Risk Assessment process and coordinate the reporting of the status and results in the Compliance Report
  • Coordinate the Compliance Issues management process including: 
  1. Entering Bahrain Issues on the GRC Tool
  2. Periodic follow up on progress updates from Action Owners
  3. Coordinate the Issue closure requests
  • Coordinate the roll out of the Group Compliance E-learning initiatives in the Bahrain Unit including:
  1. Establishing staff details to be assigned training
  2. Follow up with staff for completion of training including following the escalation process for non-completion  
  • Maintain and coordinate the Bahrain Unit Regulatory Compliance training programme including ensuring that all new joiners are trained on mandatory topics and maintaining the training records  
  • Support the annual Compliance Risk Assessment process  
  • Establish and perform an annual Compliance Monitoring Plan
  • Support the following processes for Bahrain Units including maintaining central Register and supporting records
  1. Key Regulatory Communications
  2. Key Persons Register
  3. Customer Complaints
  4. Gifts and Entertainment
  5. Chinese Walls  
  • Support the implementation of the Group Regulatory Compliance Policies and Standard in Bahrain including:
  1. Completing Control Self-Assessments
  2. Logging and tracked actions required for implementation
  3. Preparing any Addendums and Dispensations
  4. Communication to the business o Documenting supporting procedures
  5. Preparing updates for the Compliance and Financial Crime Oversight Committee 
  • In coordination with the Group Compliance Policy/Standard owners support the business with queries on the Regulatory Compliance Policies and Standards  
  • Preparation of the Bahrain Unit Senior Management Compliance Report 
  • Support the preparation for regulatory prudential meeting and examination.  
  • Any other activities as and when required.

Risk, Compliance & Business Continuity:

At all times, act with due care, skill and diligence to ensure compliance with the company's risk culture, policies and procedures, Code of Conduct and Values. Escalate risk and compliance issues in a timely manner to your line manager, and ensure that all mandatory training is completed to schedule. Participate in exercises to rehearse the banks response to an emergency situation (i.e. evacuation exercises and Business Continuity tests)

Job Context (Circumstances & environment surrounding the job):

This role is based in Head Office, Bahrain.

Job Requirements:


  • 5+ years experience in compliance related role
  • Strong computer skills including knowledge of project management systems.

Education / Certifications

  • Minimum Bachelor degree


  • 10+ years of experience in the financial services industry. Preferably with a strong background in supporting the operational activities of running a compliance department, particularly compliance monitoring

Personal Attributes

  • Self-motivated, and pro-active team player with strong organizational skills. Strong written and verbal communication skills with an ability to foster a collaborative working relationship with multiple functional areas. Excellent analytical, technical and proble

Committee Responsibilities:

Bahrain Compliance and Financial Crime Committee – attendance as and when required