Riyadh-Based Compliance & AML Leader

Northern Trust Corp; Riyadh; On-site; SAR 180,000 - 240,000; Full time

Job summary

Northern Trust in Riyadh is seeking a Compliance & AML Officer to strengthen the Saudi compliance function. Based in the Riyadh office, you will monitor procedures, advise partners on regulations, respond to inquiries, and support AML/CTF controls in line with local and international standards.

We seek CMA/CME qualified professionals with capital market experience, strong analytical and communication skills, and the ability to work under deadlines while collaborating with regional teams and

Qualifications

• Previous experience in the Compliance field within Capital Market Institutions.
• CME Qualified – Currently or previously a Compliance registered person with CMA.
• Highly motivated individual who wishes to develop their skills within a progressive compliance role in a financial services environment.
• Compliance monitoring, AML, Audit, Risk or Control experience and/or experience of providing advisory support to business areas would be an advantage.
• Ability to convey complex concepts or large amounts of data, in a clear and concise manner to diverse and senior audiences (verbal and written).
• Capable of making decisions, applies sound judgement and knows how/when to escalate.
• Ability to operate within strict reporting deadlines whilst balancing multiple, competing priorities.
• Influencing and conflict resolution skills.
• Proven and strong learning agility with a keen desire to support the development of others.
• Self-starter and team player.
• Effective oral and written communication skills.

Responsibilities

• Monitors and reviews procedures and practices of partners to assure compliance with applicable regulatory requirements and adherence to internal policies.
• Advises business partners on compliance programmes and applicable laws, regulations, rules and standards, including keeping them informed of developments or changes that may affect their area.
• Responds to internal and external inquiries and requests for information to clarify regulatory requirements. May recommend appropriate procedural changes.
• Assists in the development of Compliance programmes and may act as a contact point within the company for Compliance inquiries from partners.
• Identifies and documents any Compliance risks associated with the Company's activities.
• Researches and develops analytical reports and solutions for issues being addressed by the department.
• Participates in training partners and delivering communications on applicable laws and regulations.
• Coordinates and/or performs activities related to designated Compliance initiatives.
• Carries out Compliance-related activities through direct interaction with committees and management.
• Monitors internal procedures and files relating to laws, regulations, rules and standards; and ensures they are accessible to business partners and management.
• Works on projects and learning project management skills.
• Communicates with the regulator on reporting obligations and queries, ensuring timely and accurate responses in line with regulatory expectations.
• Implements and monitors Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) controls, ensuring compliance with local and international standards.
• Supports periodic AML/CTF risk assessments and assists with investigations into suspicious activities, escalating findings as required.
• Performs compliance monitoring and testing activities to assess the effectiveness of internal controls and identify areas for improvement.
• Monitors personal account dealing activities to ensure adherence to internal policies and regulatory standards.
• Supports Rule Maps review to ensure alignment with regulatory requirements and internal compliance frameworks.
• Supports compliance risk assessments to identify, evaluate, and mitigate potential regulatory and operational risks.
• Supports internal periodic reporting to EMEA or senior management, ensuring timely and accurate delivery of compliance updates and metrics.

Skills

CME Qualified – CMA

Compliance monitoring

AML

Audit

Risk or Control

Verbal and written communication

Decision making / judgement

Influencing and conflict resolution

Learning agility

Self-starter and team player

Job description

Northern Trust in Riyadh is seeking a Compliance & AML Officer to strengthen the Saudi compliance function. Based in the Riyadh office, you will monitor procedures, advise partners on regulations, respond to inquiries, and support AML/CTF controls in line with local and international standards.

We seek CMA/CME qualified professionals with capital market experience, strong analytical and communication skills, and the ability to work under deadlines while collaborating with regional teams and