Doha Bank
Senior Correspondent Banking and Control Officer
- Permanent
- Doha, Qatar
- Experience 5 - 10 yrs
Job expiry date: 05/03/2026
Job overview
Date posted
19/01/2026
Location
Doha, Qatar
Salary
QAR 15,000 - 20,000 per month
Compensation
Comprehensive package
Experience
5 - 10 yrs
Seniority
Senior & Lead
Qualification
Bachelors degree
Expiration date
05/03/2026
Job description
The Senior Correspondent Banking and Control Officer is responsible for overseeing the administration and operations of the Correspondent Banking & Control unit at Doha Bank, ensuring efficient service delivery to foreign clients. The role involves managing end-to-end onboarding processes for Nostro, Vostro, RMA, NBFI, and Brokerage relationships, conducting AML annual due diligence on all established relationships, performing KYC checks on banks and other parties for financial institution transactions, and maintaining Master Risk Participation Agreements (MRPA) with global counterparts. The officer liaises with internal stakeholders to provide accurate responses to incoming KYC queries, manages subscriptions and vendor payments related to IBG services, prepares monthly MIS rebate reports, coordinates with major Nostro providers to maximize revenue returns, supports finance reconciliation, ensures accuracy of Wolfsberg CBDDQ reports, responds to RFIs from counterparties, and provides support for internal audit, compliance, and QCB audit queries. The role requires strong knowledge of international and correspondent banking practices, operational risk management, accounting systems, financial statements, and compliance with AML regulations.
Required skills
Key responsibilities
- Ensure end-to-end process in onboarding Nostro/Vostro/RMA relationships
- Ensure end-to-end process in onboarding RMA relationships
- Ensure end-to-end process in onboarding NBFI relationships
- Ensure end-to-end process in onboarding Brokerage relationships
- Conduct AML Annual Due Diligence exercise on all established relationships
- Onboard relationships required by Doha Finance Limited / DB Securities Limited
- Respond to all incoming KYC queries on behalf of Doha Bank Q.P.S.C. / Doha Finance Limited / DB Securities Limited
- Liaise with all internal stakeholders to ensure correct responses to counterparties on KYC queries
- Perform KYC checks on Banks and other parties for Financial Institution transactions
- Establish and maintain existing Master Risk Participation Agreements (MRPA)
- Ensure end-to-end process in establishing and amending MRPA’s with global counterparts
- Liaise with HO Finance in preparation of budgets for vendor payments for online subscriptions
- Manage subscriptions pertaining to IBG with external service providers and ensure timely payments
- Prepare rebate report for monthly MIS
- Liaise with major Nostro providers to maximize revenue share returns
- Support Finance Recon team to ensure no outstanding entries within 30 days
- Ensure correctness of Wolfsberg CBDDQ prepared annually
- Ensure end-to-end process in responding to RFIs received from counterparties
- Support Internal Audit, Compliance audit, and QCB audit queries
Experience & skills
- Bachelor’s degree in Business, Banking, Finance, or a related field
- Minimum of 5 years of experience in financial services or banking, focusing on correspondent and international banking
- Strong understanding of service delivery, correspondent banking practices, and financial institution transactions
- Knowledge of accounting systems, financial statements, and operational risk management
- Expertise in international banking and correspondent banking relationships
- Familiarity with AML regulations and compliance processes