Compliance & Money Laundering Reporting Officer

About the Role

Thndr is seeking a Compliance & Money Laundering Reporting Officer (CMLRO) to join our team in Riyadh. This full-time position involves building and managing Thndr KSA’s compliance and Anti-Money Laundering (AML)/Counter-Terrorist Financing (CTF) capabilities. The successful candidate will be registered with the Capital Market Authority (CMA) as Thndr KSA’s Compliance Officer and MLRO, with 5 years of experience required.

Key Responsibilities

• Draft, implement, and maintain Thndr KSA’s compliance policies and procedures, ensuring alignment with evolving CMA rules.
• Review policies and procedures at least annually and after any regulatory changes, securing Board approval.
• Design, implement, and maintain a risk-based compliance program in line with Capital Market Institutions Regulations and other CMA rules.
• Conduct compliance monitoring and surveillance reviews according to the annual compliance monitoring plan.
• Provide guidance and training to the team on regulatory, policy, and procedural matters.
• Serve as the primary point of contact for CMA inquiries, inspections, and information requests.
• Identify, log, and resolve compliance issues, complaints, and regulatory breaches.
• Prepare and file regulatory reports and notifications with the CMA in a timely manner.

AML/CTF Oversight

• Own Thndr KSA’s AML/CTF policies and procedures, ensuring compliance with the Anti-Money Laundering Law and the CMA’s AML/CTF Rules.
• Oversee the Know Your Customer (KYC), customer risk-rating, and sanctions-screening framework.
• Identify, investigate, and report suspicious transactions to the General Directorate of Financial Intelligence.
• Deliver AML/CTF training to staff members.
• Receive and act on relevant findings, recommendations, guidance, directives, sanctions, or notices.

Board Reporting

The CMLRO will be responsible for reporting to the Board on critical compliance matters, including:

• The firm’s compliance with applicable KYC and AML/CTF laws.
• Assessment of the adequacy and quality of the firm’s AML/CTF policies, procedures, systems, and controls.
• Any relevant findings, recommendations, guidance, directives, resolutions, sanctions, or notices, and the firm’s proposed actions to address them.

Qualifications

• 5 years of experience in a relevant field.
• Understanding of CMA rules and regulations, as well as AML/CTF laws.
• Ability to develop and implement compliance policies and procedures.
• Strong analytical and communication skills.

Application Process

We invite qualified candidates to apply for this position to contribute to Thndr KSA’s regulatory compliance framework.