Mr. Shelly K Jose

Mr. Shelly K Jose

Compliance Officer and MLRO
The Arab Investment Company SAA

Biography

 Profile Summary                                                                                                                                                                      

  • Compliance Officer and MLRO at The Arab Investment Company SAA. Previously held the same position at HDFC Bank Ltd.Bahrain Branch .
  • ICA and CAMS certified Compliance & AML Professional with nearly 18 years of experience in Compliance and AML Policy Development, AML & Financial Crime Investigations, Regulatory Compliance and Banking Operations
  • Approved as Compliance Officer and MLRO by the Central Bank of Bahrain
  • Subject Matter Expert for managing money laundering and terrorist financing issues, including policies, procedures, regulations, industry best practice, criminal typologies and developing trends
  • Developed a comprehensive Compliance Framework which encompasses Compliance Calendar, Compliance Monitoring Program and Reporting Framework
  • Spearheaded the entire AML function, KYC, Enhanced Due Diligence (EDD), Customer Due Diligence (CDD), Sanctions/PEP screening, Transaction Monitoring & STR Filing
  • Acted as Principal Officer for FATCA and CRS/AEOI Reporting for HDFC Bank, Bahrain
  • Experienced in ensuring compliance with the code of conduct in addition to all other regulatory requirements, including Data Protection and Anti-Money Laundering (AML) regulations
  • Impressive success in developing a:
  • Mechanism to ensure that regulatory guidelines are disseminated within the bank
  • Methodology to identify, document & monitor the compliance risks
  • Procedure to integrate the Compliance Risk Management framework with Bank’s Operational Risk Management Framework
  • Leveraged skills in strategizing at a macro and micro level to develop long-term and short-term enhancements to the AML and Compliance Programs