Compliance & MLRO

About us ARP Digital builds regulated digital capital infrastructure for GCC cross-border transactions, providing settlement rails, conversion tools, and institutional-grade liquidity for exchange houses, PSPs, and financial institutions. Through its Arp FLOW platform, the company offers a single integration that delivers a full stack of services, including OTC conversion (FLOW Convert), cross-border B2B settlement (FLOW Send), and digital assets-to-fiat collections and payouts (FLOW Receive). ARP Digital operates in highly regulated environments and is licensed as a Capital Market–Crypto Assets Service Provider (Cat3) by the Central Bank of Bahrain. The company also holds a VARA In-Principle Approval in the UAE, reflecting strong regulatory alignment in two of the GCC’s most rigorous frameworks. Co-founded by Abdulaziz and Abdulla Kanoo, fifth-generation members of the Kanoo Group, ARP Digital builds on 135 years of regional institutional history while scaling modern digital financial infrastructure. Role Description This is a full-time, on-site Compliance & MLRO role based in Bahrain. The Compliance Officer and Money Laundering Reporting Officer (COMLRO) is responsible for managing the regulatory and AML/CTF risks of the company. The COMLRO serves as the main point of contact of the firm with all its regulators, law enforcement, and other competent bodies and authorities and advises the staff, GM, and the Board on relevant regulatory and internal compliance policy matters. The Board has delegated responsibility for management of compliance and anti-money laundering functions to the COMLRO and they have the authority to carry out these responsibilities, in accordance with the direction and policies established by the Board. The candidate must be bahraini resident. Role and Responsibilities (Compliance Officer): Develop and maintain a positive and constructive relationship with the Regulators (Financial Intelligence Directorate and CBB) Ensure the effective implementation of the firm’s compliance policies and procedures Perform monitoring and surveillance reviews in line with the compliance monitoring plan Provide support and guidance to staff on regulatory, policy and procedural issues and application Provide the senior management with compliance management information Assist with client enquiries and requests for information Identify, log and resolve compliance issues, client complaints and policy and regulatory breaches Assist with ad hoc projects, monitoring tasks and regulatory change Review and update policies and procedures in line with regulatory changes Provide compliance training to staff Ensure timely completion and filing of regulatory reports to the regulator Role and Responsibilities (MLRO): Ensure effective implementation of the firm’s AML/CTF policies and procedures and compliance with the regulations of the Central Bank of Bahrain and international best practices Promote a culture of compliance with the relevant Anti Money Laundering (AML) and Counter Terrorism Financing (CTF) policies among all team members and business processes Staying up to date with AML/CTF and regulatory developments both locally and internationally Review AML/CTF policies and procedures to make sure they are current with the latest regulations Serve as a point of contact for the CBB and Bahrain FIU Promptly respond to any request for information made by the CBB Maintain regular dialogue with the SEO and the Board to ensure their full awareness of all salient matters and to advise on regulatory implications of future business strategies Support the Know Your Customer (KYC) and EDD review process Identify, analyze and report suspicious transactions to the FIU of the Kingdom of Bahrain Prepare and provide AML/CTF training to employees Ensure timely completion and submission of the Annual AML Return to the CBB and any other relevant authorities Act as coordinator between Operations and Operational Risk Management on the development and production of Key Risk Indicators (KRIs) Assist in the selection, creation, testing and implementation of new reports & Compliance related systems Show more Show less