Compliance Officer

Job Title: Compliance Officer

Description:

We are seeking a highly motivated and experienced Compliance Officer to join our team. As the Compliance Officer, you will be responsible to oversee and assist all compliance activities and ensure that it is properly aligned with the country laws and regulations.

Responsibilities:

Ensure a proper validation of clients KYC and request missing data to complete the file

Ensure that all internal processes and procedures comply with the local law

Assist in maintaining compliance activities records and data

Assess compliance risk in the process of clients’ accounts approval

Generate regular reports on Compliance/AML activities and based on results recommend corrective measures if needed

Share knowledge and provide guidance for other team members on any existing or new legal/compliance changes or updates

Assist in conducting regular assessment to identify effectiveness of compliance policies

Follow-up on industry relevant laws and regulations

Assist in any regulatory subject visit or inspection in the organization and provide the needed documents

Responsible of onboarding clients

Knowledgeable in drafting terms and policies

Generate CMA reporting

Requirements:

Bachelor in Law, Business Administration or any related field

2-3 years’ experience in the forex or banking sector

Good knowledge in compliance best practices

Holder of CME exam level 1-2

The applicant must be a resident in Saudi Arabia