AML Compliance & Investigations Specialist

Foodics; Riyadh; On-site; SAR 120,000 - 180,000; Full time

Benefits offered by this job

Inclusive culture

Competitive compensation + shares

Learning stipend

Global team experience

Mentoring & autonomy

Job summary

Foodics is seeking an AML Compliance professional to support daily monitoring, onboarding checks, and regulatory reporting in Riyadh. You will conduct KYC/KYB, sanctions screening, and high-risk reviews while coordinating with SAMA and FIU.

Ideal candidates have 1–2 years in AML/compliance, strong analytical skills, and knowledge of SAMA requirements. Opportunities for growth in a hyper-growth fintech environment and competitive compensation are offered.

Qualifications

• Bachelor’s degree in finance, law, business, or related field.
• 1–2 years' experience in AML, fraud, or compliance.
• Strong analytical skills and working knowledge of AML systems.
• Knowledge of SAMA AML requirements and FIU STR procedures is preferred

Responsibilities

• Perform KYC/KYB checks during onboarding and ensure completeness of company documents.
• Validate CR, National Address, MCC, Beneficial Ownership, and IBAN ownership.
• Perform sanctions, PEP, and adverse media screening.
• Conduct Enhanced Due Diligence on high-risk merchants.
• Approve high-risk clients (e.g., cash-intensive merchants, unusual MCCs, high-volume cross-border activities).
• Act as the primary point of contact with SAMA and FIU regarding AML matters.
• Coordinate regulatory inspections, information requests, and remediation action plans.
• Review AML alerts, analyze customer behavior, and escalate activity to AML Lead.
• Conduct initial AML case investigations and prepare case summaries.
• Assist in preparing STRs for submission.
• Maintain AML logs, investigation records, and supporting evidence.
• Ensure timely documentation in the case management system.
• Support the delivery of AML training to new joiners and operational teams.

Skills

Analytical skills

AML knowledge

SAMA & FIU knowledge

Regulatory reporting

Education

Bachelor’s degree

Tools

AML systems

Job description

Foodics is seeking an AML Compliance professional to support daily monitoring, onboarding checks, and regulatory reporting in Riyadh. You will conduct KYC/KYB, sanctions screening, and high-risk reviews while coordinating with SAMA and FIU.

Ideal candidates have 1–2 years in AML/compliance, strong analytical skills, and knowledge of SAMA requirements. Opportunities for growth in a hyper-growth fintech environment and competitive compensation are offered.