Senior Compliance & AML Manager – CMA-Regulated, Riyadh

Malaa Technologies; Municipality of Al Shamal; Vor Ort; SAR 180.000 - 280.000; Vollzeit

Zusammenfassung

Malaa Technologies in Riyadh seeks an experienced Compliance & AML Manager to oversee day-to-day compliance and AML/CTF activities, ensuring alignment with CMA requirements and internal policies. You will build and maintain frameworks for regulatory monitoring, KYC, sanctions, and client protection.

The role involves coordinating with risk, legal, operations, and cybersecurity teams to implement controls, report to senior management, and support regulatory inspections. Saudi nationals preferred.

Qualifikationen

• More than 5 years of experience in Compliance and/or AML/CTF within a CMA-licensed entity, bank, or other regulated financial institution.
• Fluency in Arabic and English (written and spoken).
• Must be Saudi.

Aufgaben

• Monitor CMA regulations, rules, circulars, license conditions, regulatory requirements, and internal policies and procedures.
• Maintain regulatory obligations register and assess impact of new or amended regulatory requirements on the Company's activities.
• Manage the preparation and execution of the annual Compliance Monitoring Plan in accordance with the approved risk-based methodology.
• Conduct compliance monitoring reviews, control testing, and thematic reviews, identify compliance gaps and weaknesses, and follow up on corrective actions until closure.
• Review new products, services, investment journeys, client journeys, systems, and material business or operational changes from a compliance perspective before implementation.
• Review client agreements, terms and conditions, disclosures, policies, procedures, marketing materials, and other client-facing communications for compliance with applicable regulatory requirements.
• Support the assessment and ongoing monitoring of arrangements involving outsourcing, third-party service providers, brokers, custodians, fund managers, and other relevant external parties.
• Monitor the Company's compliance with applicable client protection, conduct of business, disclosure, suitability, conflicts of interest, and complaint-handling requirements.
• Coordinate the preparation of regulatory reports, filings, responses, notifications, and information requested by the CMA.
• Support regulatory inspections, supervisory reviews, and information requests, including coordination of responses and follow-up on regulatory observations and corrective actions.
• Maintain appropriate records and supporting evidence of compliance monitoring, reviews, regulatory communications, and corrective actions.
• Manage the implementation and ongoing maintenance of the Company's AML/CTF and targeted financial sanctions framework in accordance with applicable requirements and approved policies and procedures.
• Oversee KYC, customer due diligence, enhanced due diligence, customer risk classification, and ongoing customer due diligence processes.
• Oversee AML/CTF controls applicable to individual and legal-person clients, as relevant to the Company's business activities.
• Monitor sanctions, targeted financial sanctions, proliferation-financing-related controls, and politically exposed person screening processes.
• Oversee transaction-monitoring activities, alerts, investigations, unusual activity escalations, and related case management processes.
• Review potentially suspicious activity and prepare documented assessments and recommendations for escalation to the MLRO.
• Support the MLRO in regulatory reporting and communication with the competent authorities in relation to AML/CTF and suspicious activity matters.
• Conduct or oversee quality assurance reviews over KYC, customer risk classification, screening, transaction monitoring, and other AML/CTF controls.
• Support periodic AML/CTF risk assessments and ensure that identified risks, controls, and remediation actions are appropriately documented and monitored.
• Monitor regulatory developments relating to AML/CTF, targeted financial sanctions, proliferation financing, and financial crime and assess their impact on the Company.
• Coordinate with Operations, Risk Management, Cybersecurity, Legal, Investment, Technology, and other relevant functions on AML/CTF and financial crime matters.

Kenntnisse

Fluency in Arabic

Fluency in English

Ausbildung

Bachelor's degree in Law, Finance, Accounting, Business Administration, or related field

Jobbeschreibung

Malaa Technologies in Riyadh seeks an experienced Compliance & AML Manager to oversee day-to-day compliance and AML/CTF activities, ensuring alignment with CMA requirements and internal policies. You will build and maintain frameworks for regulatory monitoring, KYC, sanctions, and client protection.

The role involves coordinating with risk, legal, operations, and cybersecurity teams to implement controls, report to senior management, and support regulatory inspections. Saudi nationals preferred.