External Remittance Officer

About the role

The External Remittance Officer is responsible for processing and executing international transfers and foreign remittances while ensuring strict compliance with Central Bank of Iraq regulations and international banking standards.

Key responsibilities

• Process and monitor incoming and outgoing international transfers.
• Verify transfer instructions, supporting documents, beneficiary details, and payment information.
• Ensure compliance with AML/CFT requirements, sanctions screening, and applicable regulatory instructions.
• Coordinate with correspondent banks and internal departments to resolve transfer‑related issues.
• Maintain accurate transaction records and ensure timely processing and reporting of foreign remittances.

Required profile

• Bachelor's degree in Banking, Finance, Accounting, Business Administration or a related field.
• Minimum 2 years of experience in international transfers or foreign remittances within the banking sector.
• Very good command of English, particularly banking terminology.

Required skills

• SWIFT transfer processing.
• AML/CFT compliance.
• Sanctions screening.
• Knowledge of Central Bank of Iraq regulations.