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

• 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