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Chief Compliance Officer, MLRO

Job in Riyadh, Riyadh Region, Saudi Arabia
Listing for: Jobtailor
Full Time position
Listed on 2026-07-11
Job specializations:
  • Finance & Banking
    Regulatory Compliance Specialist, Financial Compliance
Salary/Wage Range or Industry Benchmark: 600000 - 900000 SAR Yearly SAR 600000.00 900000.00 YEAR
Job Description & How to Apply Below
  • Develop, implement, and manage the company's compliance program in line with SAMA regulations and other relevant regulatory authorities.
  • Act as the primary liaison with SAMA and other regulatory bodies, ensuring timely and accurate reporting.
  • Oversee and manage all AML/CFT (Anti-Money Laundering/Combating the Financing of Terrorism) policies, procedures, and controls.
  • Lead internal audits and compliance reviews to identify potential risks and implement corrective actions.
  • Ensure all departments adhere to compliance requirements, offering guidance and training where necessary.
  • Prepare and submit regular compliance and AML reports to senior management and regulators.
  • Monitor regulatory changes and advise on necessary adjustments to policies and procedures.
  • Handle suspicious activity reports (SARs) and ensure proper documentation and escalation.
  • Foster a strong compliance culture across the organization.
Requirements
  • Saudi national (mandatory).
  • Bachelor's degree in Law, Finance, Business Administration, or a related field. Master's degree or professional certifications (e.g., CAMS, CISA) are preferred.
  • 15+ years of experience in compliance or AML roles within the Saudi banking sector or in companies licensed by SAMA.
  • Extensive experience working on home loans or mortgage loan products.
  • In-depth knowledge of SAMA regulations, AML laws, and compliance standards in Saudi Arabia.
  • Strong leadership and communication skills, with the ability to influence at all levels of the organization.
  • Excellent analytical and problem-solving skills.
  • Fluency in both Arabic and English.
Certifications & Qualifications
  • CAMS
  • CISA
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