AML Officer – K2 Transacting & Due Diligence

About the role

The AML Officer will lead customer due diligence, enhanced due diligence and ongoing reviews while supporting K2 transaction processing. The role ensures compliance with the bank’s AML/CFT policies, regulatory requirements and international sanctions standards.

Key responsibilities

• Conduct Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) for new and existing clients.
• Verify identification documents, beneficial ownership information and assign risk ratings.
• Review, verify and process K2 transactions, ensuring complete documentation and proper approvals.
• Monitor customer activity to detect unusual or suspicious transactions and escalate as needed.
• Coordinate with business units to obtain additional information and support investigations.
• Ensure compliance with Central Bank of Iraq regulations, global AML/CFT standards and sanctions requirements.

Required profile

• Bachelor’s degree in Finance, Accounting, Business Administration, Banking, Law or related field.
• 2–4 years of banking experience, including at least 1–2 years in AML, compliance, financial crime, KYC or due diligence.
• Strong analytical and investigative abilities with high integrity and attention to detail.
• Effective communication and teamwork skills.

Required skills

• K2 banking platform transaction processing.