AML & Compliance
Anti-Money Laundering Officer (AML Officer)
Sanad Finance is seeking a motivated and detail-oriented Anti-Money Laundering Officer (AML Officer) to join its team in Riyadh Region on a full-time, on-site basis. The successful candidate will support the implementation of Anti-Money Laundering and Counter-Terrorism Financing (AML/CFT) controls, monitor transactions, assess customer risks, and contribute to ensuring compliance with applicable regulatory requirements and internal policies.
About the company
Sanad Finance | سند فايننس is a specialized microfinance provider offering consumer financing solutions through innovative financial technology, with services aligned with Islamic Sharia principles. The company is committed to providing accessible, responsible, and compliant financial services while maintaining a strong focus on risk management and regulatory compliance in the Saudi financial sector.
Key responsibilities
- Monitor customer transactions and activities to identify potentially suspicious patterns.
- Conduct Know Your Customer (KYC), Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD) reviews.
- Assess money laundering and terrorist financing risks.
- Perform sanctions screening and review relevant alerts.
- Analyze potentially suspicious transactions and escalate findings in accordance with internal procedures.
- Maintain accurate documentation and support regulatory reporting requirements.
- Assist in reviewing and enhancing AML/CFT policies, procedures, and internal controls.
- Stay informed about relevant regulatory updates and applicable AML/CFT requirements.
Qualifications & requirements
- 1–2 years of relevant experience in Anti-Money Laundering (AML), Compliance, or a related field, preferably within the financing sector.
- Knowledge of applicable AML/CFT regulations and regulatory requirements in Saudi Arabia.
- Familiarity with KYC, CDD, and EDD procedures.
- Understanding of money laundering and terrorist financing risk assessment.
- Knowledge of sanctions lists, screening procedures, and suspicious transaction monitoring.
- Familiarity with the regulatory requirements of the Saudi Central Bank (SAMA).
- Strong analytical skills, attention to detail, and professional integrity.
- Good communication, documentation, and reporting skills.
Preferred qualifications
- Professional certifications in AML or Compliance, such as CAMS or equivalent, are an advantage but not mandatory.
- Familiarity with consumer financing.
Apply for this position
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