indeed
Compliance Officer - Saudi Arabia
DLOCAL
الرياض, KSA
Full Time
Senior
1 months ago
KYCTransaction MonitoringAML/CFT ComplianceRegulatory ComplianceRemittance ComplianceRisk Assessment
Free
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KYCTransaction MonitoringAML/CFT Compliance
About the Role
dLocal is hiring a Compliance Officer in Saudi Arabia to oversee KYC onboarding, transaction monitoring, AML/CFT compliance, regulatory engagement, and remittance compliance.
Key Skills for This Role
KYCTransaction MonitoringAML/CFT ComplianceRegulatory ComplianceRemittance ComplianceRisk Assessment
Responsibilities
- Oversee and manage the KYC onboarding process for new customers and update existing ones in Saudi Arabia.
- Implement and enhance transaction monitoring systems to detect and report suspicious activities.
- Serve as the primary point of contact for AML/CFT matters in Saudi Arabia, developing and enforcing policies and procedures.
- Stay abreast of regulatory changes and maintain strong relationships with regulators in Saudi Arabia.
- Develop and implement compliance procedures for remittances and cross border payments.
- Conduct regular risk assessments to identify and mitigate compliance risks.
- Report findings and compliance matters to stakeholders in a clear manner.
- Provide training to staff on compliance policies and regulatory requirements.
Requirements
- Bachelor's degree in a relevant field
- Additional certifications (e.g., CAMS, ACAMS, ICA) are a must
- 4 6 years of legal experience in consultancy firms, AML, Transaction Monitoring, and KYC within banking or fintech
- In depth knowledge of KYC processes, transaction monitoring, and AML/CFT regulations in Saudi Arabia
- Familiarity with Saudi Arabian regulatory frameworks for the payments industry
- Experience in engaging with regulators in Saudi Arabia
- Hands on experience in building or implementing compliance related automations
Full Job Posting
Why should you join dLocal?
- dLocal enables the biggest companies in the world to collect payments in 40 countries in emerging markets.
- We are looking for a Compliance Officer in Saudi Arabia to join our global team.
What I will be doing ?
- Oversee and manage the KYC onboarding process for new customers and update existing ones in Saudi Arabia.
- Implement and enhance transaction monitoring systems to detect and report suspicious activities.
- Serve as the primary point of contact for AML/CFT matters in Saudi Arabia.
- Develop and enforce AML/CFT policies and procedures tailored to the Saudi Arabian regulatory environment.
- Stay abreast of the regulatory landscape governing the payments industry in Saudi Arabia.
- Establish and maintain strong relationships with regulators in Saudi Arabia.
- Develop and implement compliance procedures specific to remittances and cross border payments.
- Conduct regular risk assessments to identify and mitigate potential compliance risks.
- Report findings and other compliance matters related to AML/CFT to different stakeholders.
- Provide training to staff on compliance policies, procedures, and regulatory requirements.
What skills and qualifications do I need?
- Bachelor's degree in a relevant field; additional certifications (e.g., CAMS, ACAMS, ICA) are a must.
- 4 6 years of legal experience in consultancy firms, AML, Transaction Monitoring, and KYC within the banking or fintech sector.
- Hands on experience in building or implementing compliance related automations.
- In depth knowledge of KYC processes, transaction monitoring, and AML/CFT regulations in Saudi Arabia.
- Familiarity with Saudi Arabian regulatory frameworks for the payments industry.
- Experience in engaging with regulators in Saudi Arabia and maintaining positive relationships.
- Strong analytical and problem solving skills.
What do we offer?
- Flexibility: flexible schedules and driven by performance.
- Fintech industry: work in a dynamic and ever evolving environment.
- Referral bonus program.
- Social budget: monthly budget to chill out with your team.
- dLocal Houses: rent a house to spend one week anywhere in the world coworking with your team.
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