Internal Aduit - Compliance, Data Protection & AML

Job Summary:Responsible for ensuring compliance with data protection regulations, overseeing secure data retention and disposal, and supporting the prevention and detection of fraud, money laundering, and terrorist financing. The role ensures adherence to applicable Saudi regulations, Insurance Authority requirements, and internal compliance policies.

Key Responsibilities

Monitor compliance with the Saudi Personal Data Protection Law (PDPL) and applicable regulatory requirements.Ensure proper collection, processing, storage, retention, and secure disposal of personal and confidential data.Maintain data retention and disposal records and coordinate with relevant departments to ensure secure data destruction.Monitor data confidentiality practices and coordinate with the IT Department on data security controls and potential breaches.Implement and monitor Anti-Fraud policies and procedures to identify, prevent, and report suspected fraudulent activities.Support Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) compliance programs, including Know Your Customer (KYC) and Customer Due Diligence (CDD) procedures.Identify and assess suspicious transactions, unusual activities, and potential financial crime risks.Escalate suspected fraud, money laundering, and regulatory violations to the Compliance Manager in accordance with established procedures.Conduct periodic compliance reviews, risk assessments, and internal control evaluations.Coordinate with relevant departments to address compliance findings and implement corrective actions.Support regulatory reporting and maintain accurate compliance records and documentation.Conduct employee awareness and training sessions on data protection, fraud prevention, and AML/CFT requirements.Perform other compliance-related duties as assigned by the Compliance Manager.

Qualifications

Bachelor's degree in Law, Finance, Business Administration, Risk Management, or a related field.2–4 years of relevant experience in Compliance, Data Protection, Risk Management, or Financial Crime Prevention, preferably within the insurance or financial services sector.Knowledge of Saudi Personal Data Protection Law (PDPL), Anti-Money Laundering (AML), and Counter-Terrorist Financing (CFT) regulations.Understanding of fraud detection, risk assessment, and compliance monitoring procedures.Strong analytical, investigative, and problem-solving skills.Excellent organizational, communication, and reporting skills.Ability to handle sensitive and confidential information with integrity and professionalism.Proficiency in Microsoft Office applications.Good command of English and Arabic.