Compliance Officer - Saudi Arabia

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Requirements:

• Bachelor's degree in a relevant field; additional certifications (e.g., CAMS, ACAMS, ICA) are required.
• 4-6 years of legal experience in AML, Transaction Monitoring, and KYC within the banking or fintech sector.
• Proven experience in a compliance role within financial services, with a focus on payments and remittances.
• In-depth knowledge of KYC processes and AML/CFT regulations specific to Saudi Arabia.
• Experience in engaging with regulators and strong analytical and problem-solving skills.

Responsibilities:

• Oversee and manage the KYC onboarding process for new customers in Saudi Arabia.
• Ensure compliance with local and international regulatory requirements related to customer identification and verification.
• Implement and enhance transaction monitoring systems to detect and report suspicious activities within Saudi Arabia.
• Serve as the primary point of contact for AML/CFT matters in Saudi Arabia and develop tailored policies.
• Stay updated on the regulatory landscape and maintain strong relationships with local regulators.
• Conduct regular risk assessments and ensure accurate reporting of compliance matters.