Job description
On behalf of our client, we are seeking a Compliance
& AML Specialist to join their team in Riyadh.
Job SummaryThe compliance & AML Specialist will be responsible
for ensuring the integrity and security of company financial systems by
developing and implementing robust AML and compliance programs. This position
will require a deep understanding of financial regulations, risk management,
and investigative techniques to detect and mitigate financial crimes.
Responsibilities- Develop and maintain a comprehensive
AML compliance program aligned with Saudi Arabian regulations (e.g., SAMA, CMA,
FAFT), including policies, procedures, and controls to detect, investigate, and
report suspicious activities
- Conduct ongoing risk assessments,
transaction monitoring, and customer due diligence to identify and address
potential money laundering, fraud, and other financial crimes in the Saudi
market
- Collaborate with the engineering and
product teams to design and build secure, compliant data pipelines and customer
onboarding processes that meet Saudi Arabian regulatory requirements
- Investigate and escalate suspicious
activities, prepare detailed reports, and liaise with Saudi regulatory
authorities and law enforcement agencies as necessary
- Continuously research and analyze
emerging financial crimes, regulatory trends, and industry best practices in
Saudi Arabia to recommend improvements to the AML program
- Train and educate cross-functional
teams on AML compliance requirements, red flags, and reporting procedures
specific to the Saudi Arabian financial sector
- Serve as a subject matter expert and
liaison between the technical and business teams to ensure seamless integration
of AML and compliance initiatives within the Saudi Arabian market
Requirements- Bachelor's degree in Finance,
Accounting, or a related field
- 1+ years of experience in an AML or
compliance role, specifically within the Saudi Arabian financial services or
FinTech industry
- Thorough understanding of Saudi
Arabian financial regulations (e.g., SAMA, CMA, FAFT) and experience in
building and implementing AML compliance programs
- Proficiency in investigative
techniques, data analysis, and report writing to detect and mitigate financial
crimes in the Saudi Arabian context
- Strong background in risk management,
with the ability to conduct comprehensive risk assessments and implement
appropriate controls aligned with Saudi Arabian requirements
- Familiarity with financial transaction
monitoring tools and know-your-customer (KYC) processes tailored for the Saudi
Arabian market
- Excellent problem-solving, analytical,
and communication skills to work effectively with cross-functional teams and
Saudi regulatory authorities
- Ability to work collaboratively in a
fast-paced, dynamic environment and adapt to changing business and regulatory
requirements in Saudi Arabia
- Passion for staying up-to-date with
the latest trends and innovations in FinTech, compliance, and financial crimes
within the Saudi Arabian financial sector
This job post has been translated by AI and may contain minor differences or errors.
Preferred candidate
Years of experience
No experience required
Degree
Bachelor's degree / higher diploma
