Head of Compliance & AML

Are you an experienced compliance leader with deep expertise in regulatory compliance, Anti-Money Laundering (AML), and financial crime prevention? We are seeking a highly motivated Head of Compliance & AML to lead our Compliance function, strengthen our regulatory framework, and foster a culture of ethics, integrity, and compliance across the organization.

The Head of Compliance & AML is responsible for leading ACIGs’ compliance and AML programs, ensuring adherence to regulatory requirements, mitigating compliance risks, and providing strategic guidance to senior management and the Board. The role serves as the primary liaison with regulators and oversees the implementation of effective compliance monitoring and financial crime prevention frameworks.

• Develop and implement the organization’s Compliance and AML strategy, framework, and annual plan.
• Ensure compliance with applicable laws, regulations, and regulatory requirements.
• Lead the AML, Counter-Terrorist Financing (CTF), and sanctions compliance programs.
• Monitor regulatory developments and assess their impact on the organization.
• Conduct compliance risk assessments and recommend appropriate mitigation measures.
• Oversee compliance monitoring, testing, and reporting activities.
• Provide compliance advice and guidance to business units and senior management.
• Liaise with regulators, auditors, and external stakeholders on compliance-related matters.
• Investigate compliance breaches and oversee corrective action plans.
• Deliver compliance awareness and AML training across the organization.
• Prepare reports and updates for executive management, Board committees, and regulators.
• Lead, coach, and develop the Compliance & AML team.

• Bachelor’s degree in Law, Finance, Business Administration, Risk Management, or a related field.
• Professional certification such as CAMS, ICA, CRCM, or an equivalent compliance qualification is preferred.
• Minimum of 10+ years of experience in compliance, AML, financial crime, or regulatory affairs.
• At least 3 years in a leadership role.
• Insurance industry experience is highly preferred.
• Strong knowledge of Saudi Insurance Authority regulations and AML/CFT requirements.
• Regulatory Expertise
• Strategic Thinking
• Integrity & Ethical Judgment
• Stakeholder Management
• Analytical Thinking

If you are passionate about regulatory excellence, governance, and combating financial crime, we invite you to apply and become part of ACIG team.