Junior AML & Fraud Compliance Specialist

About ExeQut

ExeQut is a leading consulting firm specializing in customized solutions for enterprise applications and digital platforms. The company focuses on transparency and collaboration, addressing core business challenges through a structured, agile development process. ExeQut partners with clients from ideation to deployment, ensuring solutions deliver long-term value and streamline the user experience.

The Role: Junior AML & Fraud Compliance Specialist

ExeQut is seeking a Junior AML & Fraud Compliance Specialist to join its team in Riyadh. This full-time role involves supporting compliance activities related to Anti-Money Laundering (AML) and Fraud, with a specific focus on requirements and regulations set by the Saudi Central Bank (SAMA). The ideal candidate will possess a foundational understanding of AML and Fraud compliance and be capable of supporting daily activities independently under the guidance of senior compliance professionals. The position requires 0-1 years of experience.

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 Know Your Customer (KYC)/Customer Due Diligence (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.

Qualifications and Experience

• 0-1 years of experience in a related field.
• Good understanding of AML and Fraud compliance requirements.
• Ability to support day-to-day activities independently under guidance.
• Familiarity with SAMA requirements and regulations is essential.

Work Environment

This is a full-time position based in Riyadh, offering an opportunity to work within a professional consulting environment focused on digital platforms and enterprise applications.