مسؤول الالتزام ومكافحة غسل الأموال📣 Job Ad

About the Role

Catalyst Partners Middle East is seeking a Compliance and Anti-Money Laundering Officer to join their team in Riyadh, Saudi Arabia. This full-time role involves establishing and implementing the company's regulatory compliance and anti-money laundering (AML) framework. The officer will also serve as the designated Money Laundering Reporting Officer (MLRO) and support general licensing, regulatory, and administrative requirements within Saudi Arabia and other relevant jurisdictions.

Compliance Responsibilities

• Develop, implement, and manage an effective legal and regulatory compliance program for Catalyst Partners group companies operating in Saudi Arabia and other jurisdictions as needed.
• Prepare, review, and update internal policies and procedures to ensure compliance with applicable laws, regulations, and regulatory requirements, particularly within Saudi Arabia.
• Advise senior management on regulatory compliance matters with relevant authorities (including the Capital Market Authority and Saudi regulatory bodies) through detailed reports and risk assessments.
• Develop and manage effective corrective action plans in response to audit findings, regulatory observations, or compliance breaches.
• Conduct periodic compliance reviews and internal audits to identify potential risks, control weaknesses, or regulatory gaps.
• Assess company operations and activities to determine exposure to compliance risks, especially within the Saudi market.
• Ensure employees are informed and updated on regulatory developments, compliance obligations, and internal procedures.
• Address and resolve employee inquiries and feedback related to legal and regulatory compliance matters.

Anti-Money Laundering (AML) Responsibilities

• Act as the designated Money Laundering Reporting Officer (MLRO).
• Develop, implement, and maintain AML and Counter-Terrorist Financing (CTF) policies, procedures, and controls in accordance with applicable regulations, particularly within Saudi Arabia.
• Monitor transactions and business activities to identify, investigate, and assess suspicious behavior or activities.
• Review internal suspicious activity reports and determine appropriate escalation, investigation, or reporting actions.
• Report suspicious transactions and activities to regulatory and competent authorities as required by law.
• Conduct AML risk assessments and implement appropriate controls and mitigation measures.
• Maintain accurate AML documentation and records in accordance with record-keeping requirements.
• Provide AML and CTF training programs and foster a strong culture of compliance across the organization.
• Coordinate and communicate with regulatory bodies, auditors, and competent authorities regarding compliance and AML matters.

Procedural, Regulatory, and Licensing Support

• Follow up on and finalize company-related procedures and transactions with relevant governmental and non-governmental entities within Saudi Arabia.
• Assist in obtaining, renewing, and maintaining required registrations, licenses, permits, subscriptions, and regulatory disclosures, and follow up on related procedural requirements.
• Collaborate on procedural and administrative requirements related to arranging and advisory licenses, and any associated procedures or future licensing requirements. This collaboration is limited to procedural follow-up, submission of approved documents, and tracking regulatory responses.
• Manage and use the company's electronic platforms only within the scope of written authorization from the company and exclusively for performing assigned tasks.

General Administrative Responsibilities

• Maintain the company's physical and electronic filing systems, statutory records, registers, and documentary archives, ensuring their completeness, accuracy, and currency.
• Coordinate with government and service platforms (such as Qawa, Social Insurance, Muqeem, Absher Business, E'timad, Chamber of Commerce, Ministry of Commerce, and Zakat, Tax and Customs Authority) regarding routine requests, renewals, and status follow-ups.
• Support human resources administrative procedures, including onboarding documents, attendance and leave records, and employee file maintenance.
• Serve as a point of contact for incoming official correspondence, express mail, and formal notices addressed to the company, directing them to the relevant party without delay.
• Perform any other reasonable administrative or procedural tasks assigned by the General Manager, consistent with the officer's qualifications, provided it does not conflict with the independence and priority of the compliance and AML function.

Qualifications and Requirements

• University degree in Law, Finance, Accounting, Business Administration, or a related field.
• Practical knowledge of Saudi regulatory requirements, AML/CTF obligations, and relevant licensing procedures.
• Meets the fit and proper criteria of the relevant Saudi regulatory authority for a Compliance Officer / MLRO position.
• Full professional proficiency in both Arabic and English, spoken and written.
• Strong organizational skills, discretion in handling information, and proficiency in office software and government electronic platforms.
• Experience required: 0-1 years.