Compliance & ALM

On behalf of our client, we are seeking a Compliance & AML Specialist to join their team in Riyadh.

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.

• 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
  

• 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