About Us

SiFi is a fast-growing B2B fintech transforming corporate expense management in Saudi Arabia. As a licensed Electronic Money Institution regulated by the Saudi Central Bank (SAMA), we issue cards, move money, and manage spend for thousands of Saudi businesses.

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 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.