Manager, Aml

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.