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Anti - Money Laundering Officer

Saudi Orix Leasing Company

Riyadh, Saudi Arabia

Ref: RP918-02

Job description / Role

Objectives:
• AML monitoring against AML suspicious indicators and customer transactions.

Main responsibilities:
• AML monitoring against AML suspicious indicators and customer transactions.
• Filtering and name screening for customers, staff, and service providers on daily basis.
• Classifying the high risk customers to obtain management approval for new on boarding and existing customers (ongoing process)
• Attending meetings with Regulator & Departments
• Preparing reports for Audit Committee, SAMA and Head of Compliance & AML
• Obtaining required documents from concerned departments for client acceptance, following up with client acceptance committees, filing the high risk customer documents as well as any other tasks related to client acceptance.
• Preparing STR and technical report
• Setting AML manual
• Reviewing & updating AML Policies & Procedures
• Defending regulatory requirements (New & Update).
• Preparing units’ Assessment & Action Plan
• Preparing Risk Matrix
• Implementing Health Check
• Following up with Audit findings for AML unit.
• Handling any others tasks and projects assigned by the Head of Compliance & AML.
• Responsible for monitoring fraud in the work and shall report any suspicious cases of fraud immediately by using the suspicion form attached in the Circular send by the Compliance Department on 10-Apr-2018.
• Keeping records of AML
• Arranging meetings with Regulator, Internal Committees and Departments.
• Arranging for AML staff training & development for raising the level of AML awareness.
• Reporting to: Compliance & AML Senior Manager
• Number required: 1
• Probation: 90 days
• Working Hours: Sun -Thursday 8:00AM - 4;30 PM
• Gross monthly base salary: 9000-10000
• Other Benefits: Ramadan Basic Salary

Requirements

University Qualifications:
• Bachelor Degree in Business Administration

Nature and length of previous experience:
• 1-3 Years of Experience

Specialist knowledge:
• Values & Ethics
• Continuous Learning
• Communication
• Team Work
• Analytical Thinking

Gender Preference:
• Male

Nationality Preference:
• Saudi

Language Fluency:
• English, Arabic

Current Location:
• Riyadh

About the Company

Saudi Orix Leasing Company; the first lease financing company of its kind in the Kingdom was incorporated on January 16, 2001 as a closed joint stock company with a mandate to provide medium term asset financing to all productive sectors of the economy with particular emphasis to serving the needs of small to medium size enterprises and thereby, assist in extending and serving the needs of small to medium size enterprises and thereby, assist in extending and expanding the credit delivery mechanism in the Kingdom.

The company was issued a license by the Foreign Investment Committee and is under the supervision of the Saudi Monetary Agency as a non-bank financial institution. Prestigious Saudi and International institutions sponsor the company.

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