وصف الوظيفة
Role Overview
Head of Anti-Money Laundering (AML) at Tamara, a leading fintech platform in Saudi Arabia and the GCC region, based in Riyadh.
Company Overview
Tamara is Saudi Arabia's first fintech unicorn, serving millions of users across the region. The company partners with leading global and regional brands including SHEIN, Jarir, noon, IKEA, and Amazon, as well as small and medium businesses. Tamara is backed by Sanabil Investments (a wholly owned company of the Public Investment Fund), SNB Capital, and Checkout.com, among others. The company operates from its headquarters in Riyadh with additional regional and global support offices.
Role Purpose
Lead and manage the overall operations, activities, and responsibilities of the AML/CTF Department. Develop, implement, and maintain the company's Anti-Money Laundering, Counter-Terrorist Financing, and Proliferation Financing framework in compliance with Saudi Anti-Money Laundering Law, SAMA requirements, SAFIU reporting obligations, and Targeted Financial Sanctions requirements. Work closely with business and control functions to identify and assess financial-crime risks, ensure effective controls, remediate gaps, and promote a strong culture of AML/CTF/PF compliance. Report administratively to the Chief Executive Officer and functionally to the Audit Committee.
Key Responsibilities
Framework and Controls
- Develop, implement, monitor, and continuously enhance the company's AML/CTF/PF framework and controls to ensure effectiveness and alignment with applicable regulatory requirements.
- Develop, maintain, and periodically review the company's AML/CTF/PF policies, procedures, standards, and operating controls to reflect regulatory developments, emerging risks, and relevant industry practices.
Oversight and Operations
- Lead and oversee the AML/CTF Unit's activities, ensuring all responsibilities are performed effectively and identified control or process deficiencies are addressed promptly.
- Manage and develop the AML/CTF team, establish clear responsibilities and performance expectations, and ensure the function has appropriate resources, knowledge, systems, and capabilities.
Risk Assessment
- Oversee the identification and assessment of money laundering, terrorist financing, and proliferation financing risks arising from the company's customers, products, services, transactions, delivery channels, and geographic exposure.
Sanctions and Screening
- Oversee sanctions, Targeted Financial Sanctions, and politically exposed person screening controls, including alert investigation, escalation, decision-making, freezing measures, and regulatory reporting where applicable.
Transaction Monitoring
- Oversee transaction monitoring mechanisms ensuring effective rule tuning, threshold settings, and scenario management to minimize false positives.
Suspicious Activity Reporting
- Ensure that unusual activities are investigated appropriately and that suspicious transaction or activity reports are submitted accurately, confidentially, and within applicable timelines to the Saudi Financial Intelligence Unit through official reporting channels.
Stakeholder Management
- Build and maintain effective relationships with key internal stakeholders and provide guidance, awareness, and advice on AML/CTF/PF risks, requirements, regulatory requirements, new products, business initiatives, control enhancements, and controls.
Regulatory Engagement
- Act as the primary point of contact for AML/CTF/PF matters and coordinate timely, accurate, and complete responses to requests, inspections, and inquiries from SAMA, SAFIU, and other competent authorities.
Reporting
- Provide the CEO and Audit Committee with regular reports on the company's AML/CTF/PF risk exposure, control effectiveness, key performance indicators, material cases, regulatory developments, identified deficiencies, and the status of remediation actions.
Qualifications & Experience
- At least 6+ years of relevant experience in AML/CTF, financial-crime compliance, regulatory compliance, or a related field.
- Experience in a leadership or management role under SAMA supervision.
- Strong knowledge of the Saudi AML/CTF regulatory framework, SAMA requirements, SAFIU reporting obligations, Targeted Financial Sanctions, and relevant international standards.
- Extensive experience in transaction monitoring, alert and case management, suspicious activity investigations, sanctions screening, and AML system capabilities.
- Strong understanding of money laundering, terrorist financing, and proliferation financing risks, typologies, red flags, and control practices.
- Relevant professional certification, such as CAMS, an ICA qualification, or an equivalent financial-crime compliance certification.
- Previously approved or pre-approved by SAMA is highly desirable, but not mandatory.
Skills & Competencies
- Leadership, communication, and interpersonal skills.
- Strong analytical and decision-making abilities.
- Stakeholder-management skills.
- Ability to handle sensitive and confidential matters with sound judgment, independence, and integrity.
Additional Information
- Due to SAMA regulations, applicants must be a Saudi national.