Compliance & Money Laundering Reporting Officer

About The Role
We are looking for a Compliance & Money Laundering Reporting Officer (CMLRO) in Saudi Arabia. This individual will build and manage compliance and Anti-Money Laundering (AML)/Counter-Terrorism Financing (CTF) capabilities for the company KSA and will be registered with the Capital Market Authority (CMA) as the company KSA’s Compliance Officer and MLRO.

What You'll Do

Compliance

• Draft, implement and maintain the company KSA’s compliance policies and procedures, ensuring alignment with CMA rules as they evolve.
• Review policies and procedures at least annually and after any regulatory change, obtaining Board approval.
• Design, implement and maintain a risk-based compliance programme in accordance with Capital Market Institutions Regulations and other CMA rules.
• Conduct compliance monitoring and surveillance reviews as per the annual compliance monitoring plan.
• Train and guide the team on regulatory, policy, and procedural issues.
• Act as the main point of contact for CMA inquiries, inspections, and requests for information.
• Identify, log, and resolve compliance issues, complaints, and regulatory breaches.
• Prepare and submit regulatory reports and notifications to the CMA in a timely manner.

MLRO

• Own and oversee the company KSA’s AML/CTF policies and procedures in compliance with the Anti-Money Laundering Law and CMA’s AML/CTF Rules.
• Oversee the KYC, customer risk-rating, and sanctions-screening framework.
• Identify, investigate, and report suspicious transactions to the General Directorate of Financial Intelligence.
• Provide AML/CTF training to staff.
• Act on any relevant findings, recommendations, guidance, directives, sanctions, or notices received.

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.
• Address any relevant findings, recommendations, guidance, directives, resolutions, sanctions, or notices.

What You'll Need

Experience

• 5+ years in compliance and/or AML within financial services, ideally in a CMA-licensed Capital Market Institution (preferably brokerage).
• Prior experience as a CMA-registered Compliance Officer or MLRO is highly preferred.
• Hands-on experience in writing and maintaining compliance and AML/CTF policies and procedures for a regulated financial institution.

CMA Qualifications and Registration

• Passed CMA’s compliance and AML qualification route: CME-1B, CME-2A, and CME-2B, or have an exemption from the CMA.
• Holders of previous-series qualification certificates for this function qualify without retaking the exams. All three exams must be passed prior to CMA registration.
• Eligible for registration with the CMA as a Registered Person under Capital Market Institutions Regulations, meeting CMA's fit-and-proper criteria (skills, experience, competence, and integrity).
• Able to operate independently from client-facing functions as required for the Compliance Officer under CMA rules.
• Must be resident in the Kingdom of Saudi Arabia (a requirement for CMA Registered Persons) or willing to relocate.

Skills

• In-depth knowledge of CMA regulations and Saudi AML/CTF laws, with the ability to evaluate their impact on the business.
• Strong communication and project management skills, exhibiting a solid work ethic.
• Exceptional attention to detail and discretion with confidential information.
• Proficient with compliance management, screening, and transaction monitoring tools.
• Fluent in English; proficiency in Arabic is strongly preferred.

Who Are We?
The company was founded with the vision to democratize access to investing through intelligent technology and user-centric design. We empower anyone with a smartphone to have simple and easy access to the tools they need to preserve and grow their wealth. Our mission is to drive economic development by promoting local investment products and making investing accessible to everyone.

Our impact includes:

• 5.5 million app downloads
• EGP 1B+ average daily traded value across 2025
• #1 digital investing platform in Egypt for the third consecutive year
• 76% of users are first-time investors
• 40% of users come from areas outside capital cities with limited access to financial institutions

With our core platform's success, we are launching Rumble, a subscription-based investment recommendations tool aimed at empowering individuals to build wealth confidently and intelligently through expert financial advice and engaging content.

At the company, we seek individuals who are driven by our mission to help us further democratize investing across the MENA region.