Anti- Laundry Supervisor

Responsibilities

• Monitors the financial services data to identify specific transactions and patterns which may present potential Anti-Money Laundry (AML) activity.
• Participates in developing, amending and implementing policies, procedures, manuals, systems.
• Analyze and investigate reports of compliance violations and present the results and recommendations.
• Collaborates with management in develop Anti-Money Laundry training programs as well as provide Anti-Money Laundry internal training sessions as required.
• Implement effective compliance monitoring mechanisms to measure compliance of the company towards all applicable regulations.
• Assists as required to develop and maintain appropriate the company policies, procedures and systems.
• Coordinates with all Division to ensure all policies and procedures are being followed.
• Supports internal audits and external audits related to internal controls, assessment and development of key compliance requirements.
• Prepares reports of any developing issues or changes in SAMA requirements and disseminate to Financial Crime Senior Manager.
• Collaborates with Compliance team to ensure that the entire the company is aware of any changes of compliance requirements.
• Assist in executing key projects and initiatives related to assessing and mitigating the Firm’s exposure to Anti-Money Laundry reputational risk-relevant activities.
• Monitor business activities and financial transactions to identify potential Money Laundry practices.
• Analyze and investigate reports of non-compliance with applicable laws.
• Recommend improvements to policies, procedures, and systems to strengthen detection and prevention mechanisms.
• Prepare and deliver periodic reports on concealment risks and resolutions.

• Participate in the identification and recruitment of key talents for their respective Department
• Manage, guide and assist direct reports to perform their functional operations in accordance with set policies and procedures
• Set performance objectives, provide necessary support, evaluate/appraise the team and provide regular feedback on performance
• Uphold a high-performance working environment and promote the Organization’s Values