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Compliance, Risk & Fraud Assistant
- Aden, AB, Canada
Full-time
This opening has closed.
The original listing is kept below for reference.
Job details
- Job type
- Full-time
- Closing date
- Posting language
- English
- Posted
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Archived listing. The details below describe a past opening.
About The Company
The National Electronic Wallet is a company specialized in providing digital financial services and products in Yemen. It leverages modern technology to improve the quality of daily life and facilitate financial transactions within the community.
Position Information
Job Purpose
To ensure the company's compliance with relevant regulatory and legal requirements related to e-wallet services, including Central Bank of Yemen instructions, Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) requirements, operational risk management, and fraud prevention and detection.
The role also aims to strengthen an effective control environment that safeguards financial operations and reduces operational and fraud risks.
Key Result Areas
Regulatory Compliance
Bachelor's Degree In One Of The Following Fields
1–5 years of experience in one of the following areas:
The National Electronic Wallet is a company specialized in providing digital financial services and products in Yemen. It leverages modern technology to improve the quality of daily life and facilitate financial transactions within the community.
Position Information
- Job Title: Compliance, Risk & Fraud Assistant
- Department: Compliance, Risk & Fraud
- Location: Aden, Yemen
- Job Level: Assistant
- Required Experience: 1–5 years
Job Purpose
To ensure the company's compliance with relevant regulatory and legal requirements related to e-wallet services, including Central Bank of Yemen instructions, Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) requirements, operational risk management, and fraud prevention and detection.
The role also aims to strengthen an effective control environment that safeguards financial operations and reduces operational and fraud risks.
Key Result Areas
- Regulatory Compliance
- Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT)
- Operational Risk Management
- Fraud Prevention and Detection
- Financial Operations and Transaction Monitoring
- Development of Internal Controls and Compliance Policies
Regulatory Compliance
- Follow up on the implementation of compliance policies and procedures within the company.
- Monitor instructions issued by the Central Bank of Yemen and other regulatory authorities.
- Prepare compliance-related regulatory reports.
- Review account-opening procedures and ensure compliance with KYC requirements.
- Follow up on the company's compliance with AML/CFT requirements.
- Identify operational risks associated with the company's services.
- Conduct periodic operational risk assessments.
- Develop and implement internal controls to mitigate risks.
- Prepare and regularly maintain the Risk Register.
- Monitor operations and transactions to identify unusual or suspicious activities.
- Investigate potential fraud cases.
- Coordinate with relevant teams to take corrective actions.
- Prepare periodic reports on identified fraud cases and risks.
- Review financial operations and transactions to ensure compliance with approved policies.
- Follow up on account-opening processes and verify compliance with procedures.
- Recommend improvements to operational procedures to reduce risks.
- Coordinate with Operations and IT teams to address potential risks.
- Provide internal awareness and training on compliance and fraud prevention policies.
- Submit periodic reports (weekly/monthly/annual) to senior management on risks and compliance.
Bachelor's Degree In One Of The Following Fields
- Law
- Accounting
- Finance
- Business Management
- Or a related field
1–5 years of experience in one of the following areas:
- Compliance
- Risk Management
- Fraud Investigation
- Financial Operations
- Digital Payments
- Analytical thinking and attention to detail.
- Investigation and analytical skills.
- Understanding of regulatory requirements and instructions.
- Reporting skills.
- Ability to handle data and financial transactions.
- Proficiency in using computer applications.
- Proficiency in English.
More about this job
Responsibilities
Monitor compliance with regulatory requirements, including Central Bank of Yemen instructions, AML/CFT rules, and KYC procedures, and prepare compliance reports. Assess operational risks, maintain the risk register, monitor transactions for suspicious activity, investigate potential fraud, strengthen internal controls, and coordinate awareness and corrective actions with internal teams.
Requirements
A bachelor's degree in law, accounting, finance, business management, or a related field is required. The role calls for 1–5 years of experience in compliance, risk management, fraud investigation, financial operations, or digital payments, along with analytical, investigative, reporting, computer, and English-language skills.
Skills
- Regulatory Compliance
- Anti-Money Laundering
- Counter-Terrorist Financing
- Operational Risk Management
- Fraud Investigation
- Fraud Prevention and Detection
- Transaction Monitoring
- Know Your Customer (KYC)
- Risk Assessment
- Internal Controls
- Compliance Reporting
- Analytical Thinking
- Attention to Detail
- Financial Operations
- Data Handling
- English Proficiency
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Security & Safety
- Legal
Keywords
- Central Bank of Yemen
- E-Wallet Services
- Digital Payments
- Regulatory Compliance
- Anti-Money Laundering
- Counter-Terrorist Financing
- AML/CFT
- Know Your Customer
- KYC
- Operational Risk Management
- Fraud Prevention
- Fraud Detection
- Fraud Investigation
- Transaction Monitoring
- Suspicious Activity
- Financial Operations
- Risk Assessment
- Risk Register
- Internal Controls
- Compliance Policies
- Regulatory Reporting
- Account Opening
- Corrective Actions
- Operations Coordination
- IT Coordination
- Compliance Training