Head of Compliance - Finance

Premium Solutions Consultancy; Saudi Arabia; On-site; SAR 300,000 - 400,000; Full time

Job summary

A leading financial consulting firm in Saudi Arabia is seeking an experienced Head of Compliance to oversee compliance and AML functions. The ideal candidate will ensure regulatory obligations are met and manage risks effectively. Responsibilities include developing compliance strategies, monitoring suspicious transactions, and maintaining relationships with regulatory bodies. This role offers a competitive salary of SAR 25,000/month and comprehensive benefits including 35 days of annual leave.

Benefits

Annual Leave: 35 days

Education allowance

Working Days: 5 days/week (8 hours/day)

Qualifications

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

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.

Skills

Fluent in English

Experience in compliance/AML

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.

Salary & Benefits

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

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).
• 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.