AML/CFT Manager

About the role

Bank of Baghdad is looking for an experienced AML/CFT Manager to lead and oversee the bank's Anti-Money Laundering and Counter-Terrorist Financing reporting activities. The role ensures compliance with banking laws, Central Bank of Iraq (CBI) regulations and AML/CFT requirements, and strengthens the bank's financial crime prevention framework. It is a full-time, on-site position in Baghdad.

Key responsibilities

• Lead and manage the AML/CFT Reporting Department and its policies, procedures and regulatory requirements.
• Oversee identification, monitoring, analysis and investigation of suspicious transactions, and ensure timely submission of Suspicious Transaction Reports (STRs).
• Review and document decisions on suspicious transaction investigations, including cases with no suspicious activity found.
• Develop, implement, review and improve AML/CFT policies, procedures and internal controls.
• Supervise AML/CFT compliance across branches through monitoring, inspections and reviews.
• Oversee KYC, CDD and EDD, monitor high-risk customers and carry out risk-based customer assessments.
• Coordinate with Compliance, Risk Management and Internal Audit to identify and mitigate financial crime risks.
• Ensure compliance with sanctions screening and correspondent banking due diligence.
• Prepare periodic AML/CFT reports for the Audit Committee, Board of Directors and regulators; run the annual risk self-assessment.
• Maintain AML/CFT records, investigate files and regulatory reporting files.
• Organize AML/CFT training and supervise and develop the AML/CFT team.
• Keep close contact with the CBI and other AML/CFT authorities.

Required profile

• Bachelor's degree in Law, Banking & Finance, Business Administration, Economics, Statistics or a related field.
• At least 5 years of banking experience, preferably in AML/CFT, Compliance, Financial Crime Prevention or Regulatory Reporting.
• Strong knowledge of AML/CFT regulations and Iraqi banking law, and of CBI regulations and reporting.
• Proven leadership, team management and organizational skills, with excellent analytical, investigative and decision-making abilities.
• Good command of English; professional integrity and confidentiality.
• Preferred: CAMS, CGSS or CFCS certification.

Required skills

• Suspicious transaction monitoring, investigation and STR reporting
• KYC, CDD, EDD, sanctions screening and risk-based customer monitoring
• AML/CFT policies, procedures, risk assessment and internal controls
• Technical knowledge of AML, CFT, STR, KYC, CDD, EDD, sanctions compliance, correspondent banking risk and CBI regulations

What we offer

• Working days Sunday to Thursday, with Friday and Saturday off and official Iraqi public holidays observed.
• Medical insurance and social security coverage.