Junior AML & Fraud Compliance Specialist📣 إعلان

About Exequt MENA and the Role

Exequt MENA is a leading consulting firm specializing in customized solutions for enterprise applications and digital platforms. We prioritize transparency, collaboration, and agile development to address core business challenges and deliver long-term value. We are currently seeking a Junior AML & Fraud Compliance Specialist to join our team in Riyadh, Saudi Arabia. This full-time position is suitable for candidates with 0-1 years of experience in compliance.

Role Overview

The Junior AML & Fraud Compliance Specialist will support critical compliance activities related to Anti-Money Laundering (AML) and Fraud, with a strong emphasis on adherence to SAMA requirements and regulations. This role involves supporting day-to-day operations independently under the guidance of senior compliance professionals, requiring a foundational understanding of AML and Fraud compliance principles.

Key Responsibilities

• Support the implementation and monitoring of SAMA AML and Fraud requirements.
• Assist in reviewing and assessing AML and Fraud controls, policies, and procedures.
• Support AML transaction monitoring and investigation activities.
• Assist with identifying and analyzing potentially suspicious transactions and activities.
• Support Fraud monitoring, detection, and investigation processes.
• Assist in reviewing alerts and escalating suspicious or high-risk cases.
• Support the preparation of AML/Fraud reports, dashboards, and management reports.
• Assist with KYC/CDD and enhanced due diligence (EDD) activities where required.
• Support compliance reviews and assessments against applicable SAMA requirements.
• Maintain proper documentation and evidence for compliance activities and audits.
• Assist in identifying compliance gaps and tracking remediation actions.
• Coordinate with internal stakeholders to ensure timely completion of AML and Fraud-related activities.
• Stay updated on relevant SAMA regulations, AML requirements, and Fraud risk management practices.

Candidate Profile and Requirements

We are seeking candidates with a basic to good understanding of SAMA AML and Fraud regulations and requirements. The role requires the ability to analyze transactions, customer information, and risk indicators, alongside a good understanding of compliance policies, procedures, and controls. Strong analytical and problem-solving skills, good communication, and report-writing skills are essential. Candidates must also demonstrate the ability to work independently and manage assigned tasks within deadlines.

• Basic to good understanding of SAMA AML and Fraud regulations and requirements.
• Ability to analyze transactions, customer information, and risk indicators.
• Good understanding of compliance policies, procedures, and controls.
• Strong analytical and problem-solving skills.
• Good communication and report-writing skills.
• Ability to work independently and manage assigned tasks within deadlines.

Preferred Qualifications and Certifications

Experience in AML transaction monitoring, alert review, KYC/CDD, or fraud investigation is preferred. Candidates holding any of the following certifications will be considered an advantage:

• CAMS – Certified Anti-Money Laundering Specialist
• CFE – Certified Fraud Examiner
• ICA AML / Compliance certifications
• Relevant SAMA AML/Fraud training or certifications

Desirable Skills and Tools

Additional skills and experience that would be beneficial for this role include:

• Experience with transaction monitoring systems or fraud detection tools.
• Familiarity with regulatory reporting and dashboard preparation.
• Exposure to risk assessment frameworks within a banking or financial services context.