Anti Money laundering Specialist

Foodics; Saudi Arabia; Vor Ort; SAR 60.000 - 90.000; Vollzeit

Benefits dieser Stelle

Bonuses

Shares/Stock options

Learning stipend

Diversity and inclusion

Training opportunities

Global team experience

Zusammenfassung

Foodics, a leading restaurant management ecosystem and payment tech provider based in Riyadh, seeks an AML Compliance professional to support daily monitoring, onboarding, investigations, and regulatory reporting. You will collaborate with the Compliance team to ensure adherence to SAMA and FIU requirements.

The role focuses on KYC/KYB onboarding, enhanced due diligence for high-risk merchants, and timely AML case documentation, with opportunities for training and advancement within a

Qualifikationen

• 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

Aufgaben

• Perform KYC/KYB checks during onboarding and verify 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.
• Review unusual patterns in merchant profiles and activity.
• Approve high-risk clients where warranted.
• Act as primary contact with SAMA and FIU for AML matters.
• Coordinate regulatory inspections and remediation actions.
• Assist in preparing STRs and regulatory reports.
• Provide AML training to new joiners and teams.

Kenntnisse

KYC/KYB

AML Compliance

Regulatory Reporting

Data Analysis

SAMA FIU knowledge

Ausbildung

Bachelor's degree

Tools

AML Systems

Jobbeschreibung

Description

Who Are We

We Are Foodics! a leading restaurant management ecosystem and payment tech provider. Founded in 2014 with headquarter in Riyadh and offices across 5 countries, including UAE, Egypt, Jordan and Kuwait. We are currently serving customers and partners in over 35 different countries worldwide. Our innovative products have successfully processed over 6 billion (yes, billion with a B) orders so far! making Foodics one of the most rapidly evolving SaaS companies to ever emerge from the MENA region. Also Foodics has achieved three rounds of funding, with the latest raising $170 million in the largest SaaS funding round in MENA, boosting its innovation capabilities to better serve business owners.

The Job in a Nutshell

Support the AML Lead in conducting daily AML monitoring, customer due diligence, investigations, and regulatory reporting, ensuring compliance with SAMA and FIU requirements.

Key Responsibilities

CDD & Onboarding

• 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.
  EDD & High-Risk Reviews
• Conduct Enhanced Due Diligence on high-risk merchants.
• Review unusual patterns in merchant profiles, including transaction volatility, abnormal MCC behavior, and cash-like activities.
  Monitoring & Investigations
• Approve high-risk clients (e.g., cash-intensive merchants, unusual MCCs, high-volume cross-border activities)
  Regulatory Engagement
• Act as the primary point of contact with SAMA and FIU regarding AML matters.
• Coordinate regulatory inspections, information requests, and remediation action plans.
  Training & Awareness
• Review AML alerts, analyze customer behavior, and elevate suspicious activity to AML Lead.
• Conduct initial AML case investigations and prepare case summaries.
• Assist in preparing STRs for submission.
  Regulatory Reporting
• Maintain AML logs, investigation records, and supporting evidence.
• Ensure timely documentation in the case management system.
  Training & Awareness
• Support the delivery of AML training to new joiners and operational teams.

What Are We Looking For

• 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

What We Offer You

We believe you will love working at Foodics!

• We have an inclusive and diverse culture that encourages innovation and flexibility in-offices.
• We offer highly competitive compensation packages, including bonuses and the potential for shares.
• We prioritize personal development and offer regular training and an annual learning stipend to tackle new challenges and grow your career in a hyper-growth environment.
• Join a talented team of over 30 nationalities working in 14 countries, and gain valuable experience in an exciting industry.
• We offer autonomy, mentoring, and challenging goals that create incredible opportunities for both you and the company.