Compliance & ALM

On behalf of our client, we are seeking a Compliance

& AML Specialist to join their team in Riyadh.

Job Summary

The 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