Head of Compliance - Finance

Premium Solutions Consultancy; Riyad Al Khabra; On-site; SAR 300,000 - 400,000; Full time

Job summary

A reputable financial institution in Riyadh is seeking a Head of Compliance to lead compliance and AML functions. The role involves developing strategies to align with governance frameworks, overseeing policies for AML, and managing compliance risks. Ideal candidates will have a degree in Finance or Business Administration and 7-10 years of experience in the compliance sector. This position offers SAR 25,000/month and additional benefits including education allowance.

Benefits

SAR 25,000 monthly salary

35 days annual leave

5 working days per week

Education allowance

Qualifications

• 7-10 years of experience in the compliance / AML sector within a financial institution.
• Experience in compliance / AML for financial institutions.

Responsibilities

• Develop and implement compliance strategies aligned with the company's governance framework.
• Establish and maintain policies and procedures for AML and combating terrorism financing.
• Monitor and report suspicious transactions to ensure regulatory compliance.
• Lead initiatives to prevent compliance, reputation, and financial risks.

Skills

Fluent in English

Compliance knowledge

Risk management

Education

Bachelor’s / Master’s degree in Finance, Business Administration, or Accounting

Professional certification in Compliance of Finance Companies Sector

Certificate(s) in Compliance and Anti-Money Laundering (AML)

Job description

We are seeking a highly experienced Head of Compliance to lead the compliance and AML functions for a reputable financial institution in Riyadh. The role ensures the organization meets its regulatory obligations, mitigates compliance risks, and maintains strong relationships with regulatory entities.

Key Responsibilities

• Develop and implement compliance strategies aligned with the company's governance framework.
• Establish and maintain policies and procedures for AML and combating terrorism financing.
• Monitor and report suspicious transactions to ensure regulatory compliance.
• Lead initiatives to prevent compliance, reputation, and financial risks.
• Build and maintain relationships with regulatory entities.
• Manage and oversee effective frameworks to prevent financial crimes.

Qualifications

• Bachelor’s / Master’s degree in Finance, Business Administration, or Accounting.
• Professional certification in Compliance of Finance Companies Sector.
• Certificate(s) in Compliance and Anti-Money Laundering (AML).

Experience

• 7-10 years of experience in the compliance / AML sector within a financial institution.

Requirements

• Fluent in English.
• Experience in compliance / AML for financial institutions.

Benefits

• Salary : SAR 25,000 / month.
• Annual Leave : 35 days.
• Working Days : 5 days / week (8 hours / day).
• Additional Benefits : Education allowance.