Risk Management Specialist
7 days ago
FAB is one of the largest banks in the Middle East, offering a wide range of retail and corporate banking services. We are committed to delivering exceptional customer experiences and building long-term relationships with our clients.
Job Description:
The Head of Compliance, KSA Branch will play a critical role in ensuring the bank's operations are conducted in accordance with local laws and regulations. This includes developing and implementing policies and procedures to prevent financial crime and ensure compliance with anti-money laundering (AML) and combating the financing of terrorism (CFT) regulations.
Main Responsibilities:
- Design and implement effective compliance programs to mitigate risks and ensure regulatory compliance.
- Develop and maintain relationships with key stakeholders, including regulators and auditors.
- Provide guidance and support to employees to ensure they understand and comply with applicable laws and regulations.
Requirements:
- A tertiary qualification with minimum 15 years' experience in similar capacity within a wholesale banking environment, including at least 8 years in a Compliance Leadership role.
- In-depth knowledge of key SAMA regulations and corresponding regulations and KSA guidelines.
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