Overview

Payment Filtering Coordinator Jobs in Riyadh, Saudi Arabia at FNRCO

Title: Payment Filtering Coordinator

Company: FNRCO

Location: Riyadh, Saudi Arabia

Only Saudis

Primary Purpose

The role is responsible for reviewing and processing inward and outward payments through payment screening systems, identifying suspicious transactions, reporting compliance concerns, and ensuring payments are processed within regulatory and operational requirements.

Key Responsibilities

Payment Screening & Compliance

  • Review and release inward and outward payments after screening in FIRCO Continuity.
  • Investigate payment screening hits (HITs).
  • Report suspicious transactions to the Compliance Department.
  • Monitor transactions pending compliance approval.
  • Maintain records of HIT and Non-HIT payments.
  • Prepare and maintain the Good Guy List (GGL).
  • Update and maintain CBID codes.

Payment Operations

  • Process inward and outward payments before cut-off times.
  • Handle payment cancellations and notify relevant departments.
  • Record rejected and cancelled payment transactions.
  • Support Payment Investigation Team (PIT) inquiries.
  • Follow up on pending cases with branches.

Reporting & Monitoring

  • Prepare daily and monthly operational reports.
  • Track payment volumes and screening statistics.
  • Generate reports from FIRCO Continuity and Alliance systems.
  • Report system issues to the support team (STS).

Stakeholder Support

  • Respond to business and operational queries.
  • Support branches, remittance teams, investigations teams, and payment operations.
  • Assist in resolving payment-related complaints.

Requirements:

  • Education: Bachelor's degree in (Finance, Accounting, Banking, Business Administration, Economics, Or a related field
  • Experience: 1–3 years of banking experience in one or more of the following (Payment, Operations, SWIFT Operations, AML (Anti-Money Laundering), Sanctions Screening, Compliance Operations, Remittance Operations, Transaction Monitoring)
  • Only Saudis

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