Associate, Anti-Money Laundering

About the role

The Associate, Anti-Money Laundering supports the bank’s compliance function by investigating potential money‑laundering and terrorist‑financing activities, monitoring daily transactions, and preparing reports for local regulatory authorities.

Key responsibilities

• Collect and verify documents requested by the Central Bank of Kuwait, Kuwait Financial Intelligence Unit, Public Prosecutor and other regulators.
• Analyze customer transactions flagged by the AML Transaction Monitoring System (TMS) and conduct investigations.
• Escalate serious findings according to established procedures and prepare Suspicious Transaction Reports (STRs).
• Release pending transactions from branches, treasury and other units while ensuring timely completion.
• Maintain and update sanctions and enforcement lists, and process internal suspicious transaction reports.
• Provide AML advice to employees across the bank and resolve compliance queries.
• Communicate updates to line managers while preserving confidentiality and preventing tipping‑off.

Required profile

• Strong knowledge of Kuwait AML regulations and banking compliance procedures.
• Ability to work under tight deadlines and handle confidential information securely.
• Excellent analytical skills and attention to detail.
• Effective communication skills for advising internal stakeholders.

Required skills

• AML Transaction Monitoring System (TMS)
• Banking systems for document and transaction processing
• Sanctions screening tools