About Sifi and the Role

Sifi is a B2B fintech company transforming corporate expense management in Saudi Arabia. As a licensed Electronic Money Institution regulated by the Saudi Central Bank (SAMA), Sifi issues cards, moves money, and manages spend for thousands of Saudi businesses. The company is seeking an AML & CTF Officer to join its full-time team in Riyadh.

Role Purpose

The AML & CTF Officer is responsible for assisting in the development, implementation, and oversight of Sifi's Anti-Money Laundering (AML) program. This role ensures compliance with relevant regulations and contributes to the prevention of financial crime within the organization.

Core Responsibilities

• Assist in the development and implementation of AML policies, procedures, and controls.
• Conduct customer due diligence (CDD) and enhanced due diligence (EDD) as required.
• Monitor transactions for suspicious activities and escalate findings appropriately.
• Assist in the preparation and submission of Suspicious Activity Reports (SARs).
• Maintain accurate AML records and documentation.
• Assist in the development and delivery of AML training programs for employees.
• Stay informed about relevant AML regulations and guidance, including FATF recommendations and local AML laws.
• Assist in responding to regulatory inquiries and examinations related to AML.
• Support the overall AML compliance program to ensure its effectiveness.

Required Qualifications

• Bachelor's degree in Finance, Law, Business Administration, or a related field.
• Proven experience in AML compliance within the financial services or FinTech industry.
• Basic understanding of AML regulations and KYC/CDD principles.
• Strong attention to detail and analytical skills.
• Good communication and interpersonal skills.
• Proficiency in Microsoft Office Suite.

Preferred Skills and Certifications

• Relevant certifications in AML (*, CAMS).
• Knowledge of local AML regulations in KSA.
• Experience with AML monitoring and screening tools.

Employment Details

This is a full-time position based in Riyadh, Saudi Arabia.