Bank ABC
Compliance Oversight Testing Officer
- Permanent
- Manama, Bahrain
- Experience 2 - 5 yrs
Job expiry date: 23/05/2026
Job overview
Date posted
08/04/2026
Location
Manama, Bahrain
Salary
Undisclosed
Compensation
Comprehensive package
Experience
2 - 5 yrs
Seniority
Experienced
Qualification
Bachelors degree
Expiration date
23/05/2026
Job description
The Compliance Oversight Testing Officer at Bank ABC in Bahrain is responsible for executing the Group Compliance Oversight Testing Plan by leading and managing oversight test reviews and providing subject matter expertise on compliance testing. The role assesses the effectiveness of process controls and validates compliance with AML and regulatory requirements across multiple jurisdictions. The officer maintains schedules of testing activities, liaises with key stakeholders, and ensures formal reporting and tracking of issues. Responsibilities include validating business unit test results against Group methodologies, conducting trend analysis, preparing compliance reports, advising senior management, and supporting the development and revision of the annual compliance testing plan. The officer works collaboratively with Operational Risk and Internal Audit teams to reduce testing overlaps, maintains knowledge of business operations, and assists with ad-hoc compliance projects or investigations. The role requires staying abreast of local and international AML/CFT laws, regulations, and industry best practices.
Required skills
Key responsibilities
- Conduct oversight testing of key AML and Regulatory Compliance functions to ensure effectiveness of process controls
- Maintain schedules of compliance testing activities and a communication plan with key stakeholders
- Liaise with stakeholders to validate test results and provide guidance on Group standards and best practices
- Prepare formal reports on oversight testing and present findings to senior management
- Follow up on identified issues, track resolution, and escalate to appropriate levels of seniority
- Conduct trend analysis of compliance testing results for internal reporting and risk assessment purposes
- Provide subject matter expertise to Group MLROs and validate business unit test results against Group oversight methodology
- Assist in developing and revising the annual compliance testing plan and review business unit testing schedules
- Collaborate with Operational Risk and Internal Audit to minimize overlaps in testing and maintain compliance coverage
- Assist with ad-hoc compliance projects and investigations of regulatory or policy breaches
- Monitor emerging AML and regulatory trends, laws, and industry developments to ensure compliance
- Maintain an understanding of business operations to support effective compliance testing and oversight
Experience & skills
- 3-4 years of experience in financial services with focus on compliance monitoring, testing, operational risk, or internal audit
- Experience overseeing projects across multiple jurisdictions
- AML and Regulatory Compliance work experience with knowledge of AML/CFT Bahrain laws and international regulations
- Demonstrated knowledge of AML investigation practices, risk management, and compliance frameworks
- Bachelor’s degree; ACAMS, ICA, or CIA certifications are a plus
- Strong proficiency in Excel and related reporting tools
- Ability to validate compliance testing methodologies and provide guidance to stakeholders
- Effective communication and stakeholder management skills
- Experience in preparing formal compliance reports and presenting findings to senior management
- Ability to work collaboratively with cross-functional teams including Risk and Internal Audit
- Capability to manage ad-hoc compliance projects and investigations