AML Specialist

Myfatoorah; Riyadh Region; On-site; SAR 167,000 - 257,000; Full time

Job summary

Myfatoorah is seeking an AML Specialist to enhance our AML/CTF framework in Saudi Arabia. The role focuses on transaction monitoring, investigations, and regulatory reporting across KYC/CDD/EDD files, with collaboration across Risk, Compliance, and Operations teams.

The ideal candidate brings AML/CTF knowledge, strong analytical skills, and fluency in Arabic and English, to ensure alignment with regulatory requirements and internal policies.

Qualifications

• Bachelor’s degree in a relevant field.
• CAMS certification is a plus.
• Strong knowledge of AML/CTF regulations and frameworks.
• Fluent in Arabic and English.

Responsibilities

• Perform transaction monitoring and identify suspicious activities.
• Conduct AML investigations, case reviews and escalations.
• Review KYC, CDD, and EDD files for regulatory compliance.
• Screen sanctions, PEP, and adverse media alerts.
• Prepare AML reports and support regulatory requirements.
• Assist in preparing STRs when required.
• Maintain investigation records and case documentation.
• Ensure compliance with SAMA AML/CTF regulations and internal policies.
• Support AML risk assessments and control enhancements.
• Collaborate with Risk, Compliance, and Operations teams.

Skills

AML compliance

KYC/CDD/EDD

Sanctions screening

Investigation skills

Regulatory reporting

Education

Bachelor’s degree in a relevant field

CAMS certification (nice to have)

Job description

We are looking for an AML Specialist to join our team and support the company's Anti-Money Laundering and Counter-Terrorist Financing (AML/CTF) framework.

Key Responsibilities

• Perform transaction monitoring and identify suspicious activities
• Conduct AML investigations, case reviews, and escalations
• Review KYC, CDD, and EDD files and ensure compliance with regulatory requirements
• Review sanctions, PEP, and adverse media screening alerts
• Prepare AML reports and support regulatory requirements
• Assist in preparing Suspicious Transaction Reports (STRs) when required
• Maintain accurate investigation records and case documentation
• Ensure compliance with SAMA AML/CTF regulations and internal policies
• Support AML risk assessments and control enhancements
• Work closely with Risk, Compliance, and Operations teams

Requirements

• Proven AML experience in fintech, banking, or financial services
• Strong understanding of AML/CTF regulations, KYC, CDD, EDD, sanctions, and investigation practices
• Ability to independently assess alerts, transactions, and customer risks
• Experience with transaction monitoring and sanctions screening systems
• Experience with audits or regulatory reviews is preferred
• Strong analytical and problem-solving skills
• Bachelor’s degree in a relevant field
• CAMS certification is a plus
• Strong communication skills in Arabic and English