Overview
Anti- Laundering Senior Specialist Jobs in Jeddah, Saudi Arabia at Abdul Latif Jameel United Finance
Position: Anti-Money Laundering Senior Specialist
Job Purpose
Operate on internal systems and controls that the organisation has put in place to help detect, monitor and escalate Unusual/Suspicious activities to the AML/CTF Manager. Ensure that the organisation is not exposed to financial risk and does not inadvertently facilitate financial crime.
Key Duties and Responsibilities
Key Accountabilities
Assist in developing, implementing, and maintaining an anti-money laundering program within the organisation
Identify and monitor suspicious activities and transaction and ensure timeous reporting of suspicious transactions
Investigate and assess alerts for potential money laundering risks
Maintain a current understanding of money laundering, including policies, procedures, regulations, industry best practice, and developing trends
Key Activities
Assist in ensuring compliance with current AML regulations, and other relevant legislation
Assist in developing and maintaining a risk assessment framework for products and services, clients and customers, and other issues relating to money laundering
Maintain records of high risk customers, and reported suspicious cases to the authorities
Investigate, review and resolve AML related and economic sanction related alerts
Prepare weekly, bi-weekly, monthly and quarterly reports and submit to Anti Money Laundering Manager
Obtain documentary proof of suspicious transactions and ensure effective record keeping of suspicious transaction identified and reported to the Authorities
Assist in overseeing and implementing an ongoing AML training program for other employees
Provide support on projects pursuant to management requests or necessitated by events such as local & global internal audits and periodic inspections by the regulatory authorities
Job Requirements
Qualifications
Bachelor’s Degree in a related field. Certification in Anti Money Laundering or related field will be distinct advantage.
Work Experience
Minimum +3 years of work experience in a related field.
Title: Anti- Laundering Senior Specialist
Company: Abdul Latif Jameel United Finance
Location: Jeddah, Saudi Arabia
Category: Finance & Banking (Financial Crime, Regulatory Compliance Specialist, Financial Compliance, Corporate Finance)
