Senior Director of Financial Crimes Risks and Advisory

BSF; Riyadh; On-site; SAR 200,000 - 300,000; Full time

Job summary

A leading financial institution in Saudi Arabia seeks a Financial Crimes Risk Manager. This individual will oversee the execution of a comprehensive financial crimes risk framework, engaging in risk assessment and compliance while ensuring the institution aligns with regulatory expectations. Candidates should have a Bachelor's degree and over 10 years of relevant experience in financial crime risk management or compliance within a banking environment. Excellent analytical and communication skills are essential for this strategic role.

Qualifications

• Minimum of 10+ years of experience in financial crime risk management within a bank.
• Strong understanding of financial crime risks and compliance regulations.
• Exceptional analytical and communication skills.

Responsibilities

• Manage the execution of the Financial Crimes Risk framework across the bank.
• Monitor emerging financial crime risks and regulate changes.
• Provide risk-based analysis and reporting on financial crime exposures.

Skills

Financial crime risk management

Analytical skills

Communication skills

Stakeholder engagement

Education

Bachelor's degree in Business, Risk Management, Law, or related discipline

Professional certification in compliance (CCO, ACAMS, CGSS)

Job description

Banque Saudi Fransi (BSF) is a leading financial institution built on a bold vision, to merge Saudi leadership with international standards, from day one, we have gone beyond conventional banking empowering ambition, enabling growth, and shaping lasting legacies.

Apply and Be part of a dynamic team that empowers progress for individuals, businesses, and society.

BSF Values:

• We are BSF - Always putting the needs of our people, customers, shareholders and society ahead of our own personal agenda. We are a community that we defend and protect, always.
• True to ourselves, always - We are honest with one another, even at the risk of temporary disharmony.It is never personal.
• Us before me - We put ideas before ego and leverage the expertise of others.
• Keep it simple - We strive to make everything we do as simple as possible. We set our people up for success and then get out of their way. We only need to be asked one. We own it.
• Winning is fun - We seek to be number one in the hearts and minds of our people, customers and shareholders.We have limitless ambition and the drive to win.
• Think big, act quick - We think long-term in our decisions, but we make them quickly and have a bias towards action

Your Role will focus on:

• This position is responsible for building a comprehensive, enterprise‑wide approach that protects the institution from threats such as money laundering, terrorist financing, fraud, bribery, corruption, and sanctions breaches. It involves developing strong governance structures, leading high‑level risk assessments, and ensuring that controls, policies, and procedures are both effective and aligned with regulatory expectations.
• The role also requires maintaining a forward‑looking perspective by monitoring emerging risks, new typologies, and shifts in global regulatory standards. By analyzing trends—such as cyber‑enabled financial crimes or advancements in digital payments—the leader ensures that the organization continually updates its risk posture. The ultimate goal is to safeguard the institution while enabling sustainable business growth, balancing regulatory requirements with strategic decision‑making.

Your Key Responsibilities:

• Manage and oversee the execution of the Financial Crimes Risk framework across the bank, ensuring effective identification, assessment, and mitigation of financial crime risks.
• Provide advisory support to business units on financial crime risks related to products, customers, services, and delivery channels.
• Monitor emerging financial crime risks, typologies, and regulatory changes, and assess their impact on the bank’s risk profile.
• Recommend and track implementation of risk mitigation actions, control enhancements, and policy updates.
• Support senior management decision‑making by providing clear, risk‑based analysis and reporting on financial crime exposures.
• Collaborate with AML & CTF, High‑Risk Client Acceptance, and Quality Assurance teams to ensure consistent application of financial crime controls.
• Contribute to regulatory exams, audits, and internal reviews related to financial crime risk management.
• Support training and awareness initiatives to strengthen financial crime risk understanding across the organization.

Qualifications & Experience:

• Bachelor’s degree in Business, Risk Management, Law, or a related discipline.
• Preferred to have a professional certification in compliance field such as; CCO, ACAMS, CGSS, Risk etc.
• Minimum 10+ years of experience in financial crime risk, AML/CTF, compliance, or advisory roles within a bank.

Knowledge & Skills:

• Strong understanding of financial crime risks, typologies, and control frameworks.
• Knowledge of Saudi banking regulations and international financial crime standards.
• Analytical mindset with strong risk assessment and reporting capabilities.
• Excellent understanding of all the other compliance fields (AML/CTF, KYC, Fraud and etc.).
• Excellent analytical skills to interpret the regulations/banking laws of the Kingdom.
• Effective communication and stakeholder engagement skills.

Are you ready to shape your future with confidence? Apply today