Current jobs related to Anti-money Laundering Officer - Riyadh - Foodics

  • Money Laundering Reporting Officer

    1 week ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Bank of America Full time 90,000 - 120,000 per year

    Job Description:Job Title:Money Laundering Reporting OfficerCorporate Title:Vice PresidentLocation:Saudi ArabiaCompany Overview:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and...

  • Compliance and Money Laundering Reporting Officer

    1 week ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Sukna Capital Full time 120,000 - 240,000 per year

    Overview:Sukna Capital is a dynamic financial institution specializing in alternative asset investments. We leverage data-driven insights and a technology-forward approach to drive superior returns across venture capital, private equity, debt, and real estate. Our commitment to excellence, combined with a global network of partners and experts, empowers us...

  • Compliance and Money Laundering Reporting Officer

    5 hours ago

    Riyadh, Saudi Arabia JPMorgan Chase & Co Full time

    **JOB DESCRIPTION** Join our Riyadh Compliance team as Vice president and provide support to Corporate & Investment Bank businesses conducted in the jurisdiction. The role will report locally to the CEO and functionally to the Head of Compliance for the Middle East & North Africa. As a Compliance and Money Laundering Reporting Officer in Riyadh Compliance...

  • Anti-financial Crimes Officer

    2 days ago

    Riyadh, Saudi Arabia Foodics Full time

    **Who Are We❓** - W_e Are Foodics!_ a leading restaurant management ecosystem and payment tech provider. Founded in 2014 with headquarter in Riyadh and offices across 5 countries, including UAE, Egypt, Jordan and Kuwait. We are currently serving customers and partners in over 35 different countries worldwide. Our innovative products have successfully...

  • Compliance Officer and Mlro

    2 weeks ago

    Riyadh, Saudi Arabia LRI Invest S.A. Full time

    **Role and Responsibilities include**: Setting, establishing and monitoring adherence to processes, policies and procedures to meet -compliance, legal and regulatory requirements. **Responsibilities**: - Overseeing licensing requirements and regulatory obligations while ensuring that compliance activity takes account of all relevant legislation and CMA...

  • Associate Manager

    1 week ago

    Riyadh, Ar Riyāḑ, Saudi Arabia D360 Bank Full time 90,000 - 120,000 per year

    Job DescriptionThe role is responsible for supporting the organization's efforts to develop, implement, and monitor a robust Anti-Bribery & Corruption (ABC) program. This role includes assisting in the ABC risk assessment process, managing the whistle-blowing mechanism, and ensuring accurate financial crimes reporting. The Officer will work closely with...

  • Chief of Compliance and MLRO

    4 days ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Soar Full time 900,000 - 1,200,000 per year

    About Us:Soar is a global fintech startup that specializes in financing and investment. Currently headquartered in Saudi Arabia, Soar is growing throughout the region with a mission to help people achieve their financial goals with innovative financial and property investment solutions and tools through its multi-purpose platform, designed to offer a simple...

  • Compliance and Governance Officer

    1 week ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Alromansiah | الرومانسية Full time 80,000 - 120,000 per year

    Summary:Ensure that the company follows all applicable laws and regulations and promotes the use of good governance principles in all administrative and operational processes. This position oversees internal procedures and policies to ensure transparency and integrity and mitigate legal and regulatory risks.• Responsibilities:1- Ensure full compliance with...

  • Head of Compliance

    1 week ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Trade Bank of Iraq – Saudi Arabia Full time 120,000 - 240,000 per year

    Job Announcement: Head of Compliance & AML– Trade Bank of Iraq, Saudi Arabia BranchJob Title:Head of Compliance & AMLLocation:Riyadh, Saudi ArabiaDepartment:Compliance & AMLReporting to:CEO – Saudi Arabia Branch (with dotted line to Group Chief Compliance Officer, Iraq HQ)How to ApplyInterested candidates should submit their resume detailing their...

  • Assistant Relationship Manager

    1 week ago

    Riyadh, Saudi Arabia Lendo Full time

    **Policies, Processes & Procedures** - Implement all relevant departmental policies, processes, standard operating procedures, and instructions so that work is carried out in a controlled and consistent manner. - Adhere to Lendo's AML/CTF policy, guidelines, and all SAMA’s regulations. **Relationship Management** - Responsible for developing and...

Anti-money Laundering Officer

3 weeks ago

Riyadh, Saudi Arabia Foodics Full time

**Who Are We❓**:

- We Are Foodics_ a leading restaurant management ecosystem and payment tech provider. Founded in 2014 with headquarter in Riyadh and offices across 5 countries, including UAE, Egypt, Jordan and Kuwait. We are currently serving customers and partners in over 35 different countries worldwide. Our innovative products have successfully processed over 6 billion (yes, billion with a B) orders so far making Foodics one of the most rapidly evolving SaaS companies to ever emerge from the MENA region. Also Foodics has achieved three rounds of funding, with the latest raising $170 million in the largest SaaS funding round in MENA, boosting its innovation capabilities to better serve business owners.

**The Job in a Nutshell**

The Anti-Money Laundering Officer will be part of the Financial Crime function in charge of overseeing financial crime in the company covering Anti-Money Laundering (AML), Combating Terrorism Financing (CTF), Anti-Fraud (AF) and Anti-Bribery and Corruption (ABC). This role should adhere and implement all SAMA regulations in these aspects and ensure the development and implementation of related policies, procedures, roles, monitoring, systems/tools and reporting.

**What Will You Do❓**
- Contribute to the preparation of AF and ABC policy in line with SAMA regulations and established rules or principles.
- Contribute into documenting AML/CTF policy/manual for the company in accordance with SAMA and the AML/CTF Law.
- Participation in documenting detailed procedure manuals covering all processes and reporting requirements covering AML/CTF/ABC and Anti-fraud.
- Execute all required processes that are primarily designed to manage financial crime risk or comply with regulations, policies and procedures including conducting the required investigations.
- Communicate to related functions/staff the new procedures and regulations and ensure continuous follow up for implementation including system requirements.
- Participate in the preparation of responses to all SAMA circulars and requests relating to clients’ accounts/relations and preparation of the required information in the proper form and timeframe.
- Maintain logs/ records of communications, circulars and correspondence (receive, circulate and follow up on action taken, send and follow up on replies).
- Performing the Know Your Customer requirements and the validation reviews in the onboarding and revalidation of clients’ acceptance.
- Contribute in the implementation of tools/systems for monitoring clients and transactions against lists of sanctioned persons, entities or countries issued by the government/ competent authorities and pre-defined scenarios.
- Participate in the implementation of Anti-fraud detection system and setting up pre-defined scenarios.
- Contribute in updating the financial crime related monitoring scenarios.
- Performing the oversight of Operational execution of financial crime activity and ensure effective controls testing are in place.
- Regularly assess the efficiency and effectiveness of control systems and recommend needed improvements.
- Conducting in coordination with the Financial Crime Manager, the financial crime related risk assessments for entities/processes, new products, services and initiatives.
- Performing the required ongoing monitoring and conducting investigation for suspected or identified financial crimes within the defined scope.
- Participate in reviewing and evaluating the company’s policies and procedures to identify risks or issues within the scope of the financial crime function.
- Preparing the periodic and ad hoc reporting for the regulators, board of directors, committees and senior management.
- Ensure all financial crime related issues / aspects are reported timely.
- Contribution in the preparation of the annual AML/CTF/AF/ABC report for the Board of Directors or relegated entity.
- Participate in establishing AML/CTF and Anti-fraud training material in coordination with the Training function in People and Culture function.
- Follow up and obtain required statistics to ensure periodic awareness are performed and mandatory training for AML and Anti-fraud are performed by all staff.Performing ad hoc assignments or tasks by direct manager, senior management or related committees.

**What Are We Looking For❓**
- 2-3 years of experience in a relevant role
- Bachelor's degree in business, finance, economics, law or other related Field
- Master's proffered
- Strong Knowledge of KSA regulatory compliance in financial and payment services
- Previous and strong experience in the area of payments AML/CTF, Anti-Fraud, Anti-Bribery and Corruption within financial services industries.
- Knowledge in SAMA regulatory framework.
- Willingness to expand technical knowledge in a broad range of projects.
- Capability to analyze and assess programs, policies and operational needs.
- Fluency in Arabic and English (verbal and written)
- Strong MS Office (Word, Excel and PowerPoint)

**What We