Company Description
The National Bank of Iraq (NBI) was founded in 1995 as a publicly traded, private sector company, offering comprehensive banking services to individuals and businesses in Iraq. As a result of NBI’s success and to fuel future growth, its capital was increased from the initial IQD 400 million to IQD 250 billion (USD 215 million) in December 2013.
In 2005, Capital Bank Jordan acquired majority shares (61.85%) in NBI, allowing NBI to evolve its business offerings, strengthen its global footprint and promote financial inclusion across the country.
With its extensive network of correspondent banks, Capital Bank stands as NBI’s gateway to world economies, facilitating internal and external remittances, granting lines of credit, as well as offering trade finance services.
NBI operates a modern core banking system to support its growth and customer services. Capital Bank and its subsidiaries audit all accounts through Ernst and Young, and report financials in accordance with International Accounting Standards.
NBI has earned a BB rating by Capital Intelligence, the international credit rating agency. It further received a ‘Good’ rating by the Central Bank of Iraq.
Today, NBI has more than 38 branches in all major cities in Iraq, and a branch in KSA.
Job Description
- Receiving requests from the Reports Supervisor to prepare reports related to STR, AIF, CTR, SAR, and TFR, in accordance with the procedures of each report.
- Communicating with relevant departments to obtain the required information that supports the preparation of reports.
- Submitting STR, AIF, SAR, and TFR reports along with supporting documents to the Reports Unit Supervisor for review.
- Filing STR, AIF, SAR, and TFR reports on the GOAML system with all supporting documents.
- Maintaining records of all reports and cases submitted to the Anti-Money Laundering and Counter-Terrorism Financing Office along with all related documentation.
- Responding accurately and in a timely manner to inquiries received from the Anti-Money Laundering and Counter-Terrorism Financing Office, and submitting them to the Reports Unit Supervisor for review.
- Conducting periodic field visits to branches in coordination with the Department Manager and providing necessary support and training to ensure the efficiency and skill development of staff, in coordination with the Human Resources Department, regarding the Anti-Money Laundering and Counter-Terrorism Financing Law.
- Participating in the preparation of awareness and educational bulletins for the bank.
- Performing any other tasks and responsibilities as assigned by the direct manager.
Qualifications
- Bachelor’s degree in Financial and Banking Sciences, Accounting, or an equivalent field.
- At least two years of experience in banking or a similar functional field.
Additional Information
Required Skills
- Accuracy in work
- Analytical skills
- Communication and interpersonal skills
- Time management skills
- Ability to coordinate and follow up
- Planning and organizational skills
- Ability to handle work pressure and unexpected developments
- Problem-solving ability
