AML/CFT Supervisor

About the role

The AML/CFT Supervisor will lead the daily operations of the anti‑money‑laundering and counter‑terrorist‑financing unit, overseeing a team of officers and ensuring strict compliance with Central Bank of Iraq regulations and international standards.

Key responsibilities

• Supervise a team of AML/CFT officers, providing guidance and support.
• Conduct and oversee Level 2 reviews of AML/CFT alerts.
• Manage preparation and timely submission of AML/CFT reports.
• Continuously review and enhance transaction‑monitoring scenarios.
• Develop strategic action plans to combat money laundering and terrorist financing.
• Collaborate with the Chief Compliance Officer and MLRO on suspicious case reviews.
• Perform Enhanced Due Diligence (EDD) for high‑risk customers.
• Deliver training sessions on AML/CFT policies and emerging trends.
• Ensure all activities comply with CBI regulations, FATF recommendations, and international sanctions.
• Prepare periodic MIS reports and maintain audit‑ready documentation.

Required profile

• Bachelor’s degree in Banking, Finance, Accounting, Law or related field.
• 5–7 years of experience in banking or financial services with a focus on AML/CFT.
• Proven experience handling Level 2 AML/CFT alerts.
• CAMS certification is a strong asset.

Required skills

• Expertise in Level 2 alert handling and rationale documentation.
• Proficiency with transaction‑monitoring systems and scenario optimisation.
• Advanced knowledge of Enhanced Due Diligence (EDD) processes.
• Experience with sanctions, PEP and adverse‑media screening tools.
• Deep understanding of CBI AML/CFT regulations, FATF recommendations and OFAC requirements.
• Strong command of KYC and Customer Due Diligence (CDD) standards.
• Ability to prepare and file SAR/STR reports.