Head of AML​/CTF

HALA is a leading fintech player in the MENAP region that aims to redefine financial services and build the future bank of SMEs. HALA aims at empowering SMEs to start, run, and grow their businesses by providing them with cutting-edge financial and technological tools.

HALA currently holds multiple entities in UAE, Saudi Arabia and Egypt (including HALA Payments and HALA Logistics) and offers solutions that enable merchants to digitize their payments as well as manage their sales and operations.

Founded in 2017, HALA is currently licensed by the Saudi Arabian Central Bank.

• Define the AML & CTF standards and ensure implementation of local procedures
• Contribute to the development and roll out of strategic initiatives, working with project leadership, managers and other team members to better ensure efficiency and reduce compliance risks
• Assist in developing compliance initiatives and programs to comply with the respective legal, licensing and regulatory obligations
• Support in handling the management and execution of monitoring and assessment program for Anti-Money Laundering/Counter Terrorism Financing (AML/CTF)
• Strive to develop, improve and maintain AML/CTF policies and procedures
• Identify and cascade any changes related to legislation and other regulatory requirements relating to AML/CTF
• Offer regular assistance and oversee the work performed by the Investigation team – as the first line monitors and investigators of suspicious activity
• Ensure consistent and timely feedback on cases that have been escalated
• Ensure to perform accurate CDD/EDD as cases investigation requires
• Review FIU STR to ensure accuracy and completeness as per FIU requirements before submitting
• Develop and participate in compliance programs and initiatives
• Provide relevant compliance reporting to ensure the completion and proper analysis of suspicious activity reports that have been conducted
• Ensure detailed and prompt investigation of all AML/CTF incidents and cases
• Maintain a proper register of all STR reported to the FIU
• Perform ongoing/ad hoc sampling of AML/CFT team work to ensure compliance with the company’s procedures and regulations
• Oversee and implement an ongoing AML training program for other employees
• Provide ongoing assistance, hands-on support and on-the-job training to AML/CFT team
• Work directly with Head of Financial Crimes to identify and elevate issues that represent ML/TF risks
• Maintain good relationship with regulatory and law enforcement bodies, SAMA/FIU

Education:

Bachelor’s Degree in Law, Finance, Business Administration or equivalent studies

The education levels can be replaced by years of experience

Experience:

Eight (8) to twelve (12) years of experience in a similar role

Skills:

Computer

Skills:

Advanced in Microsoft Office Tools

Languages:

Fluent in English and Arabic

Advanced knowledge of compliance and regulations

• Self-Actualization & Fulfilment:
  Proficiency Level - ADVANCED
• Team Synergy & Development:
  Proficiency Level - ADVANCED
• Entrepreneurial Mindset & Drive:
  Proficiency Level - ADVANCED
• Business Acumen & Diligence:
  Proficiency Level - ADVANCED

What We Offer You
We believe you will love working at HALA!

• We have an inclusive and diverse culture that encourages innovation and flexibility in remote, in-office, and hybrid work setups.
• We offer highly competitive compensation packages, including the potential for shares.
• We prioritize personal development and offer regular training and an annual learning stipend to tackle new challenges and grow your career in a hyper-growth environment.
• Join a talented team of over 30 nationalities working in 7 countries and gain valuable experience in an exciting industry.
• We offer autonomy, mentoring, and challenging goals that create incredible opportunities for both you and the company.
• You will be given a lot of responsibility and trust. We believe that the best results come when the people responsible for a function are given the freedom to do what they think is best.