AML Officer

About the Role

Join Tabby as an AML Officer in Riyadh, Saudi Arabia, where you'll play a crucial role in enforcing the Anti-Money Laundering and Counter-Terrorist Financing (AML/CTF) framework. This full-time position involves hands-on transaction monitoring, KYC activities, sanctions screening, and investigations into suspicious financial behavior to ensure compliance with SAMA and internal policies.

Primary Responsibilities

• Conduct transaction monitoring and evaluate alerts for unusual or suspicious activity.
• Perform Know Your Customer (KYC) and thorough customer due diligence reviews adhering to AML/CTF regulations.
• Execute sanctions and watchlist screenings, escalating suspicious cases for detailed investigation.
• Investigate flagged transactions and customer behaviors, documenting findings and recommendations accurately.
• Assist in preparing and submitting suspicious transaction and activity reports as required by regulations.
• Monitor customer accounts for indicators linked to money laundering, terrorism funding, fraud, and other financial crimes.
• Maintain comprehensive records of investigations, case files, and supporting documents.
• Escalate high-risk or complex cases promptly to AML management or appropriate stakeholders.
• Contribute to the implementation and ongoing refinement of AML/CTF controls and processes.
• Support AML risk assessments, periodic reviews, and reporting obligations including regulatory inquiries.
• Collaborate across Compliance, Risk, Operations, Product, and Technology teams to resolve AML concerns and reinforce control frameworks.
• Keep updated on evolving AML/CTF methods, regulatory changes, and financial crime risks especially impacting fintech and digital wallet sectors.
• Provide assistance during internal audits, SAMA inspections, and other regulatory examinations by supplying necessary evidence and documentation.

Qualifications and Experience

• Possession of a bachelor's degree in Law, Finance, Business, Accounting, or related fields.
• Between two and four years of practical experience specializing in AML/CTF, financial crime compliance, transaction monitoring, KYC, preferably within fintech, banking, or financial services.
• Solid knowledge of SAMA AML/CTF regulations, FATF standards, and foundational principles of financial crime compliance.
• Demonstrated history conducting transaction monitoring, KYC assessments, sanctions screening, and suspicious activity investigations.
• Experience with AML platforms, transaction monitoring software, and case management tools.
• Professional certifications such as CAMS or ICA are advantageous.

Company Culture and Benefits

• We foster an inclusive work environment that values diversity, integrity, and transparency while promoting work-life harmony.
• Employees are empowered with full autonomy and trusted to independently manage their responsibilities with access to an employee stock options plan.
• Opportunities for professional growth within one of the region's fastest-expanding fintech companies.
• Relocation assistance and comprehensive onboarding support provided.
• Necessary work devices and technology supplied for your role.