Sanction team lead

Confidential Careers; Riyadh; On-site; SAR 180,000 - 240,000; Full time

Job summary

Confidential Careers is seeking a senior compliance professional in Riyadh to oversee sanctions screening and regulatory reporting. You will coordinate with IT and other departments to ensure accurate data and timely reports to regulators.

Responsibilities include maintaining sanction lists, addressing inquiries, and upholding confidentiality while ensuring strict adherence to PSP, SAMA, and AML/CTF requirements.

Qualifications

• Bachelor's degree in a relevant major is required.
• 4–6 years of experience in sanctions screening or regulatory reporting.
• Solid knowledge of PSP rules, SAMA, and AML/CTF requirements.

Responsibilities

• Ensure effective sanctions screening processes and data accuracy.
• Prepare and submit technical reports and regulatory materials.
• Coordinate with IT and other departments to gather information.
• Maintain confidentiality of information and respond to inquiries.
• Update and maintain sanction lists and related systems.

Skills

Sanctions screening

Regulatory reporting

AML/CTF knowledge

PSP rules knowledge

PSP systems knowledge

Education

Bachelor's degree in relevant major

Job description

• Ensure functioning of effective sanctions screening process; Ensure smooth running of all technical systems; Coordinate with IT and other relevant departments in collection/generation of data, information, reports, documents, statements, etc., and ensure accuracy and completeness of information.
• Prepare all required technical reports with accuracy and completeness.
• Provide reports to Management and to the Regulators in a timely manner.
• Update the Managers/DOC on the progress and developments and guide the staff accordingly.
• Attend to preparation, review and revision of SLAs, CRS, etc.
• Attend to all technical and IT related issues of regulatory requirements/enquiries, coordinate the staff within the division and of relevant departments for appropriate controls and timely corrective actions.
• Appraise the department managers on the regulatory and reporting requirements, pursue on submission of complete and correct information in a timely manner.
• Assist AML Manager/DOC in preparation of reports for submission to Management and to the Regulators.
• Suggest appropriate controls and corrective actions where required.
• Filter and process all sanctioning transactions.
• Update all sanctioning list with the latest update.
• Respond corresponding banks via e-mail.
• Respond to branches inquiries by emails or phone.
• Support in work if needed all screens Maintain confidentiality of information.

QUALIFICATIONS

Bachelor's Degree in relevant major.

EXPERIENCE

From 4-6 years of experience

SKILLS

• Knowledge of all reporting rules & procedure of PSP and with SAMA.
• Knowledge of all PSP related system.
• Knowledge of Rules Governing Anti-Money Laundering & Combating Terrorist Financing.