Senior Financial Crime & Compliance Risk Manager

SAB; Saudi Arabia; On-site; SAR 250,000 - 350,000; Full time

Job summary

SAB in Riyadh is seeking a Financial Crime Compliance Risk Manager to oversee the risk and control environment for financial crime. The role involves interpreting policy, implementing improvements, and ensuring adherence to regulatory standards in a demanding corporate setting.

The position requires a formal degree in law, accounting, or business, along with about five years in compliance or related risk roles.

Qualifications

• Bachelor's degree in Law, Accounting, Business Administration or related field.
• Around 5 years of experience with 3 years in a relevant role.
• Prior experience in compliance and investigation & interrogation / OPS / Business / risk.

Responsibilities

• Ensure work is completed per procedures and standards; produce MI as required.
• Manages FCC risk and control environment and tracks closures.
• Ensures measures are in place to prevent money laundering and sanctions breaches.
• Sets risk appetite; supports FCC teams in interpretation of policy and oversight of FCC risk exposure.
• Establishes and coordinates projects to improve financial crime risk management.
• Provides risk assessments related to Financial Crime risks.
• Submit required annual reports.
• Ensures compliance with SAMA FCC policies and programs.
• Conducts biennial FCC risk assessments (EWARA) for AML, sanctions, and AB&C risk.
• Proactively assist management in identifying and containing FCC risk.
• Regular monitoring of FCC activities; produce concise reports and follow up on recommendations.
• Ensure controls mitigate risks and the Risk & Control Assessment aligns with Global Standards.

Skills

FCC risk management

AML & sanctions knowledge

Regulatory interpretation

Reporting & MI production

Stakeholder management

Education

Bachelor's degree in Law / Accounting / Business Administration

Job description

SAB in Riyadh is seeking a Financial Crime Compliance Risk Manager to oversee the risk and control environment for financial crime. The role involves interpreting policy, implementing improvements, and ensuring adherence to regulatory standards in a demanding corporate setting.

The position requires a formal degree in law, accounting, or business, along with about five years in compliance or related risk roles.