AML Officer

Tamara is hiring an AML Officer to join their team in Riyadh, Saudi Arabia. This role is responsible for ensuring compliance with regulations by applying them in daily operations, verifying merchant and consumer KYC, monitoring transactions, and conducting compliance testing across company units.

• Bachelor Degree in Law or Business Administration or a related field
• 2+ years in a similar field under SAMA
• Ability to read and understand the rules and regulations that govern the business and translate that into practice
• Verify merchants KYC as a second line of defense before granting an approval for onboarding and log all verified merchants for reporting purposes
• Ensure that all consumer KYCs are obtained by conducting periodic sampling and reports of any shortcomings
• Ensure that all merchants have been assigned the appropriate MCC code and risk level from an AML perspective
• Ensure that all transactions are monitored and all AML/fraud scenarios are in place and updated periodically
• Monitoring and inspecting of Company divisions through Compliance testing
• Prepare a report of the findings and escalate in case of breaches
• Set an action plan with the concerned department to resolve the breach and find a solution to prevent future violations
• Review of marketing and promotional materials and share feedback with the Director of Compliance

Professionals with a background in law or business administration who have at least two years of relevant experience under SAMA and strong analytical, communication, and organizational skills.

Candidates apply on the employer's official site.