Anti Money Laundering Specialist

About the Opportunity

FNRCO is seeking an Anti-Money Laundering Monitoring Specialist to join their team in Riyadh, Saudi Arabia. This full-time role is essential for maintaining financial integrity and compliance within the organization, focusing on identifying and mitigating risks associated with financial crimes.

Role Overview

The Anti-Money Laundering Monitoring Specialist is responsible for actively monitoring accounts and transactions to detect and investigate suspicious activities. This position plays a key role in ensuring adherence to compliance regulations and supporting the AML Officer in managing high-risk accounts.

Key Responsibilities

• Assess and identify high-risk accounts that require Enhanced Due Diligence (EDD), referring them to the AML Officer for guidance.
• Analyze data and investigate suspicious activities to uncover potential money laundering, terrorist financing, or other financial crimes.
• Monitor account and transaction activity using various reports and anti-money laundering systems.
• Make recommendations regarding decisions to file or not file suspicious activity reports, ensuring complete documentation is secured and maintained as required by law.
• Ensure that deadlines for all Compliance-related report submissions are met.

Qualifications and Experience

• 0-1 year of relevant experience in anti-money laundering or financial compliance.
• Demonstrated ability to analyze financial data and identify suspicious patterns.
• Understanding of regulatory requirements related to AML and financial crime.

Work Environment

This is a full-time position based in Riyadh, Saudi Arabia, offering an opportunity to contribute to financial security within a professional setting.

Application Process

Candidates interested in this Anti-Money Laundering Monitoring Specialist role are encouraged to apply. Salary details will be discussed during the interview process.