AML officer ( Saudi Nationality only)
Riyadh Saudi Arabia
Job Description
SiFi is building the future of spend management and financial operations in Saudi Arabia. Following our expansion into domestic and cross-border remittances, we are hiring a specialist who can bridge the gap between complex financial flows and automated system logic — ensuring every halala is accounted for across every corridor we operate in.
Position Overview
The AML Officer is responsible for assisting in the development, implementation, and oversight of SiFi's Anti-Money Laundering (AML) program to ensure compliance with relevant regulations and prevent financial crime.
Primary Responsibilities:
● Assist in the development and implementation of AML policies, procedures, and controls.
● Conduct customer due diligence (CDD) and enhanced due diligence (EDD) as required.
● Monitor transactions for suspicious activities and escalate as appropriate.
● Assist in the preparation and submission of Suspicious Activity Reports (SARs).
● Maintain accurate AML records and documentation.
● Assist in the development and delivery of AML training programs for employees.
● Stay up-to-date with relevant AML regulations and guidance (e.g., FATF recommendations, local AML laws).
● Assist in responding to regulatory inquiries and examinations related to AML.
● Support the AML compliance program and ensure its effectiveness.
Requirements
Basic Qualifications:
● Bachelor's degree in Finance, Law, Business Administration, or a related field.
● Proven experience (1-3 years) in AML compliance within the financial services or FinTech industry.
● Basic understanding of AML regulations and KYC/CDD principles.
● Strong attention to detail and analytical skills.
● Good communication and interpersonal skills.
● Proficiency in Microsoft Office Suite.
Preferred Qualifications:
● Relevant certifications in AML (e.g., CAMS).
● Knowledge of local AML regulations in KSA.
● Experience with AML monitoring and screening tools.