Job Title: Financial Crime Compliance Risk ManagerGroup: Compliance Location: RiyadhWorking Hours: 8:00 AM to 5:00 PM (Sunday to Thursday)Core Responsibilities: Ensure that work is completed in accordance with established procedures and standards. produce MI as required.Manages FCC risk and control environment and tracks the closuresEnsures that final capabilities are put among the bank, to prevent money laundering and sanctions breaches.Sets risk appetite, supporting the lines of business FCC teams in interpretation of policy, oversight of FCC riskexposure for specific functions,Establishes and coordinates the implementation of projects related to improvement of financial crime riskmanagement through the application of more efficient and effective systems and processes.Provides require assessments related to Financial Crime risks.Submit require annual reports.Ensures the successful implementation of SAMA regulations related to FCC policies and programmers.Conduct every 2 years’ assessment of FCC risks (EWARA)to facilitates the assessment of inherent Anti-Money Laundering (AML), Sanctions and Anti-Bribery and corruption.(AB&C) risks, and the effectiveness of the current controls designed to mitigate those risks, and the level ofunmitigated risk.Proactively assist management in identifying and containing FCC risk.To undertake regular monitoring of FCC activities, to check compliance with all relevant rules, laws andregulations and local internal procedures.
Produce concise reports in a timely manner and follow upimplementation of all recommendationsEnsure that controls are in place to mitigate the risks.Ensure the Risk and Control Assessment is completed accurately in line with Global StandardsRequirement and Qualifications: Bachelors degree in Law, Accounting, Business Administration or any other relevant field.Around 5 years of experience with preferred 3 years in a relevant role.Prior experience in compliance and investigation & interrogation /OPS/Business/risk