Description:
The role :
- Support AML requirements to comply with regulatory standards.
- Identify, evaluate and monitor AML risks.
- Provide advice on compliance and regulatory issues related to AML.
- Work with management to ensure staff and all banking services & procedures comply with Group requirements, local laws and AML industry standards.
- Investigate, escalate and report suspicious activity.
- Apply the AML program within the bank.
- Verify processes in the bank and monitor their successful implementation.
- Report accounts, relationships or transactions for names listed in SAMA, OFAC, UN, EU, HMT lists.
- Visit departments within the bank, including branches to verify the successful and continued implementation of the AML framework.
- Prepare reports on the activities carried out during such visits and periodically for the EXCO committee.
- Review existing bank products and services to ensure they fall within AML compliance.
Requirements:
- Bachelors degree and English language skills required.
- Experience of 10 years in an AML/Compliance or Risk function within a bank or financial services institution.
- Understanding of KSA Central Bank regulations related to AML and Compliance.
- ACAMS Qualified or any Professional Certification in AML, Compliance or Risk desirable.
|
Organization
|
Aventus ·
|
|
Industry
|
Management Jobs
|
| Occupational Category |
Manager |
|
Job Location
|
Riyadh,Saudi Arabia |
|
Shift Type
|
Morning |
|
Job Type
|
Full Time
|
|
Gender
|
No Preference
|
|
Career Level
|
Experienced Professional
|
|
Experience
|
10 Years
|
|
Posted at
|
2023-11-13 4:46 pm
|
|
Expires on
|
2024-12-24
|