the company is seeking a professional to establish, manage, and enhance the sanctions framework across the organization, ensuring alignment with SAMA Sanctions Rules and international best practices. This role involves defining the sanctions strategy, monitoring regulatory directives, and performing gap analyses to ensure compliance.
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Responsibilities
- Establish, manage, and continuously enhance the sanctions framework across the organization, including policies, procedures, controls, governance, and operating model, in line with SAMA Sanctions Rules and international best practices.
- Define the sanctions strategy, annual objectives, KPIs, and the annual sanctions program, ensuring alignment with regulatory expectations and the business risk profile.
- Monitor, interpret, and implement all SAMA circulars and directives related to sanctions, ensuring timely implementation within defined target dates.
- Perform sanctions gap analysis against SAMA requirements and international best practices, identify control gaps, and drive remediation plans with clear ownership and timelines.
- Oversee sanctions screening across onboarding, existing customers, transactions, employees, UBOs, and third parties, ensuring sanctions lists and data are accurate and up to date.
- Lead the review, investigation, and resolution of sanctions alerts, with full ownership of final decisions and defensible audit trails.
Requirements
- Bachelor’s degree in Law or a related field.
- 7–10 years of experience in sanctions within regulated financial institutions.
- Strong understanding of targeted financial sanctions frameworks and expectations.
- Proven experience managing sanctions screening systems and leading teams.
- Fluent in Arabic and English.
- Preferred certifications: CAMS, CGSS, or equivalent.
Location
Riyadh, Riyadh, Saudi Arabia
What We Offer You
- We have an inclusive and diverse culture that encourages innovation and flexibility in remote, in-office, and hybrid work setups.
- We offer highly competitive compensation packages, including the potential for shares.
- We prioritize personal development and offer regular training and an annual learning stipend.
- Join a talented team of over 30 nationalities working in 7 countries and gain valuable experience in an exciting industry.
- We offer autonomy, mentoring, and challenging goals that create incredible opportunities for both you and the company.
- You will be given a lot of responsibility and trust. We believe that the best results come when people are given the freedom to do what they think is best.
If you think you have what it takes to join a remarkable team #apply_now
