Senior Compliance & Operational Risk Officer

UBS; Riyadh; On-site; USD 80,000 - 120,000; Full time

Job summary

UBS is seeking a Senior Compliance and Operational Risk Officer in Riyadh to support business compliance and risk management. The role involves due diligence checks, managing relationships with authorities, and conducting compliance training. Ideal candidates should have 8-10 years of financial services compliance experience and relevant certifications.

Qualifications

• 8-10 years of compliance or risk advisory experience in financial services.
• Strong English communication skills.
• Reliable and resilient, capable of handling challenging situations.

Responsibilities

• Support business compliance within regulatory environment and manage risks.
• Conduct customer due diligence checks (KYC) on new clients.
• Perform compliance risk assessments and monitor compliance programs.

Skills

Compliance experienced

Risk advisory

Professional communication

Knowledge of SAMA

Education

Professional compliance certifications (e.g., ACAMS, Certified Compliance Officer)

Job description

# Senior Compliance & Operational Risk Officer | UBS

Saudi Arabia

Compliance | Group Functions

Job Reference #: 321879BR

City: Riyadh

Job Type: Full Time

Your Role

We are seeking a Senior Compliance and Operational Risk Officer to:

1. Support the business in maintaining compliance within the regulatory environment and managing risks.
2. Prepare compliance input for UBS Saudi Arabia Riyadh Branch governance meetings and relevant risk and control forums.
3. Conduct customer due diligence checks (KYC) on new clients according to SAMA Account Opening Rules and AML standards.
4. Manage relationships with SAMA and other authorities, including responding to regulatory inquiries and attending meetings.
5. Stay updated on regulatory changes and address any compliance gaps.
6. Review new business initiatives and transactions for compliance approval.
7. Perform compliance risk assessments, implement action plans, and monitor compliance programs.
8. Provide compliance training to the business.
9. Investigate potential breaches of laws, regulations, policies, and procedures, coordinating with SMEs and reporting accordingly.

Your Career Comeback

We welcome applications from career returners. Learn more about our program on our website.

Your Team

You will work in the Compliance and Operational Risk Control (C&ORC) team at UBS Saudi Arabia Riyadh Branch, potentially as an Associate Director or Director. You will collaborate with global teams to develop risk mitigation measures, controls, and remediation plans.

Your Expertise

• 8-10 years of compliance or risk advisory experience in financial services.
• Strong English communication skills.
• Professional compliance certifications (e.g., ACAMS, Certified Compliance Officer) are advantageous.
• Good knowledge of the local regulatory environment (SAMA).
• Reliable and resilient, capable of handling challenging situations.

UBS is a global wealth manager operating in over 50 countries, offering services across divisions like Wealth Management, Banking, Asset Management, and Investment Banking.

Join Us

At UBS, our people drive our success. We value diversity, support growth, and promote an inclusive culture. We are committed to disability inclusion and provide accommodations during our recruitment process.

Contact Details

UBS Business Solutions SA
UBS Recruiting

Disclaimer: UBS is an Equal Opportunity Employer, respecting diverse backgrounds and experiences.