Head of AML/CTF

• 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

Education:Bachelor’s Degree in Law, Finance, Business Administration or equivalent studiesThe education levels can be replaced by years of experience

Experience: Eight (8) to twelve (12) years of experience in a similar roleSkills: Computer Skills: Advanced in Microsoft Office Tools

Languages: 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