Define the AML & CTF standards and ensure implementation of local procedures Contribute to the development and roll out of strategic initiatives, working with project leadership, managers and other team members to better ensure efficiency and reduce compliance risks Assist in developing compliance initiatives and programs to comply with the respective legal, licensing and regulatory obligations Support in handling the management and execution of monitoring and assessment program for Anti-Money Laundering/CounterTerrorism Financing (AML/CTF) Strive to develop, improve and maintain AML/CTF policies and procedures Identify and cascade any changes related to legislation and other regulatory requirements relating to AML/CTF Offer regular assistance and oversee the work performed by the Investigation team as the first line monitors and investigators of suspicious activity Ensure consistent and timely feedback on cases that have been escalated Ensure to perform accurate CDD/EDD as cases investigation requires Review FIU STR to ensure accuracy and completeness as per FIU requirements before submitting Develop and participate in compliance programs and initiatives Provide relevant compliance reporting to ensure the completion and proper analysis of suspicious activity reports that have been conducted Ensure detailed and prompt investigation of all AML/CTF incidents and cases Maintain a proper register of all STR reported to the FIU Perform ongoing/ad hoc sampling of AML/CFT team work to ensure compliance with the company s procedures and regulations Oversee and implement an ongoing AML training program for other employees Provide ongoing assistance, hands-on support and on-the-job training to AML/CFT team Work directly with Head of Financial Crimes to identify and escalate issues that represent ML/TF risks Maintain good relationship with regulatory and law enforcement bodies, SAMA/FIU

Desired Candidate Profile

• Bachelor's Degree in Law, Finance, Business Administration or equivalent studiesThe education levels can be replaced by years of experience
• Eight (8) to twelve (12) years of experience in a similar role
• Fluent in English and Arabic
• Advanced knowledge of compliance and regulations
• CoreCompetencies: Self-Actualization & Fulfilment: Proficiency Level - ADVANCED Team Synergy & Development: Proficiency Level - ADVANCED Entrepreneurial Mindset & Drive: Proficiency Level - ADVANCED Business Acumen & Diligence: Proficiency Level - ADVANCED