Compliance & Money Laundering Reporting Officer

About the Role

Thndr is seeking a Compliance & Money Laundering Reporting Officer (CMLRO) to join its team in Riyadh, Saudi Arabia. This full-time role involves building and managing Thndr KSA’s compliance and AML/CTF capabilities. The successful candidate will be registered with the Capital Market Authority (CMA) as Thndr KSA’s Compliance Officer and MLRO, bringing 5-10 years of relevant experience.

Key Responsibilities: Compliance

• 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 following 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 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.

Key Responsibilities: MLRO

• Oversee Thndr KSA’s AML/CTF policies and procedures in accordance with the Anti-Money Laundering Law and the CMA’s AML/CTF Rules.
• Supervise the 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.
• Receive and act on relevant findings, recommendations, guidance, directives, sanctions, or notices.

Board Reporting

• Report on the firm’s compliance with applicable KYC and AML/CTF laws.
• Assess the adequacy and quality of the firm’s AML/CTF policies, procedures, systems, and controls.
• Report on any relevant findings, recommendations, guidance, directives, resolutions, sanctions, or notices, and outline how the firm will address them.

About Thndr

Thndr is a financial technology company focused on democratizing access to investing through technology and design. The company aims to provide accessible tools for wealth preservation and growth, promoting local investment products and driving economic participation. Thndr has achieved significant milestones, including million app downloads and being recognized as the #1 digital investing platform in Egypt for three consecutive years. A notable 76% of its users are first-time investors, with 40% originating from outside capital cities, indicating broader financial inclusion.

Building on its core platform, Thndr has launched Rumble, a subscription-based investment recommendations platform. Rumble provides timely and in-depth advice from industry experts, offering long and short-term investment recommendations and financial content through articles and videos to guide users on their financial journey.

Application Process

Thndr is seeking professionals driven by its mission to expand investment access across the MENA region. Qualified candidates are encouraged to apply.