Head of AML/CTF

HALA; Riyadh; On-site; SAR 90,000 - 130,000; Full time

Benefits offered by this job

Remote/hybrid work

Learning stipend

Competitive compensation

Diversity and inclusion

Global exposure

Job summary

HALA is a leading fintech in the MENAP region delivering cutting-edge financial and technological tools to empower SMEs. The role focuses on defining and implementing AML/CTF standards, monitoring compliance, and maintaining regulatory alignment with SAMA/FIU in Saudi Arabia.

You will lead an AML/CTF program, oversee investigations, and train teams while staying current with evolving regulations. A Bachelor’s degree plus 8–12 years’ experience is expected, with fluency in English and Arabic and

Qualifications

• Bachelor’s degree in Law, Finance, Business Administration or equivalent; years of experience may substitute education.
• 8–12 years of experience in AML/CTF or related compliance roles.
• Strong knowledge of AML/CTF regulatory requirements and related processes.

Responsibilities

• Define AML & CTF standards and ensure implementation of local procedures.
• Assist in monitoring and evaluation programs for AML/CTF.
• Develop and maintain AML/CTF policies and procedures.
• Coordinate regulatory responses with authorities (SAMA/FIU) and internal teams.
• Provide AML training and guidance to the team.
• Review FIU STRs for accuracy and regulatory compliance.

Skills

English fluency

Arabic fluency

Education

Bachelor’s degree in Law / Finance / Business Administration

Tools

Microsoft Office

Job description

HALA is a leading fintech player in the MENAP region that aims to redefine financial services and build the future bank of SMEs. HALA aims at empowering SMEs to start, run, and grow their businesses by providing them with cutting-edge financial and technological tools.

HALA currently holds multiple entities in UAE, Saudi Arabia and Egypt (including HALA Payments and HALA Logistics) and offers solutions that enable merchants to digitize their payments as well as manage their sales and operations.

Founded in 2017, HALA is currently licensed by the Saudi Arabian Central Bank.

• 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 elevate 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

• Self-Actualization & Fulfilment: Proficiency Level - ADVANCED
• Team Synergy & Development: Proficiency Level - ADVANCED
• Entrepreneurial Mindset & Drive: Proficiency Level - ADVANCED
• Business Acumen & Diligence: Proficiency Level - ADVANCED

What We Offer You
We believe you will love working at HALA!

• We have an inclusive and diverse culture that encourages innovation and flexibility in remote, in-office, and hybrid work setups.
• We offer highly competitive compensation packages, including 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 7 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.
• You will be given a lot of responsibility and trust. We believe that the best results come when the people responsible for a function are given the freedom to do what they think is best.