AML/CFT Compliance Officer
Position Overview
Job Description
AML/CFT Compliance Officer
Saudi National Bank (SNB) is seeking an AML/CFT Compliance Officer to join our Compliance Division in Riyadh. This role focuses on anti-money laundering and counter-terrorist financing compliance across SNB's domestic and international operations.
Role Overview
As the largest bank in Saudi Arabia, SNB operates under strict AML/CFT regulations issued by SAMA (Saudi Central Bank) and FATF standards. You will be responsible for maintaining and enhancing SNB's AML/CFT program, conducting risk assessments, and ensuring compliance with the Saudi Anti-Money Laundering Law and its implementing regulations.
Key Responsibilities
- Implement and maintain the bank's AML/CFT compliance program in line with SAMA regulations
- Conduct enterprise-wide money laundering and terrorist financing risk assessments
- Review and investigate suspicious transaction reports (STRs) and escalate to the Saudi Financial Intelligence Unit (SAFIU)
- Develop and update KYC/CDD policies, procedures, and customer risk-rating methodologies
- Coordinate with external auditors and SAMA examiners during regulatory inspections
- Deliver AML/CFT training to frontline staff and senior management
What We Offer
- Competitive banking sector salary with annual bonus
- Health insurance and pension benefits
- Career progression within the largest bank in the Kingdom
- International training and ACAMS certification support
Responsibilities
AML/CFT Compliance Officer
Saudi National Bank (SNB) is seeking an AML/CFT Compliance Officer to join our Compliance Division in Riyadh. This role focuses on anti-money laundering and counter-terrorist financing compliance across SNB's domestic and international operations.
Role Overview
As the largest bank in Saudi Arabia, SNB operates under strict AML/CFT regulations issued by SAMA (Saudi Central Bank) and FATF standards. You will be responsible for maintaining and enhancing SNB's AML/CFT program, conducting risk assessments, and ensuring compliance with the Saudi Anti-Money Laundering Law and its implementing regulations.
Key Responsibilities
- Implement and maintain the bank's AML/CFT compliance program in line with SAMA regulations
- Conduct enterprise-wide money laundering and terrorist financing risk assessments
- Review and investigate suspicious transaction reports (STRs) and escalate to the Saudi Financial Intelligence Unit (SAFIU)
- Develop and update KYC/CDD policies, procedures, and customer risk-rating methodologies
- Coordinate with external auditors and SAMA examiners during regulatory inspections
- Deliver AML/CFT training to frontline staff and senior management
What We Offer
- Competitive banking sector salary with annual bonus
- Health insurance and pension benefits
- Career progression within the largest bank in the Kingdom
- International training and ACAMS certification support
Requirements
- Bachelor's degree in law, finance, or related field; LLM or Master's preferred
- 4-8 years of AML/CFT compliance experience in the banking or financial services sector
- CAMS (Certified Anti-Money Laundering Specialist) certification required or must be obtained within 12 months
- Strong knowledge of SAMA AML/CFT regulations and FATF recommendations
- Experience with transaction monitoring systems and KYC processes
- Fluent in Arabic and English
Perks & Benefits
Compensation
ر.س22,000 - ر.س38,000/year
Practice Area
Corporate Compliance
Position
Mid-level
Applicant Location Requirements
Applicants must be located in: US
Application Contact
Contact: Saudi National Bank (SNB) - Legal Hiring Team
Application Deadline
June 18, 2026
Employment Type
Full time
