[Hiring] Junior AML & Fraud Compliance Specialist @Exequt

Role Description

We are looking for a Junior AML & Fraud Compliance Specialist to support compliance activities related to Anti-Money Laundering (AML) and Fraud, with a strong focus on SAMA requirements and regulations. The ideal candidate should have a good understanding of AML and Fraud compliance requirements and be capable of supporting day-to-day activities independently under the guidance of senior compliance professionals.

Key Responsibilities

• Support the implementation and monitoring of SAMA AML and Fraud requirements.
• Assist in reviewing and assessing AML and Fraud controls, policies, and procedures.
• Support AML transaction monitoring and investigation activities.
• Assist with identifying and analyzing potentially suspicious transactions and activities.
• Support Fraud monitoring, detection, and investigation processes.
• Assist in reviewing alerts and escalating suspicious or high-risk cases.
• Support the preparation of AML/Fraud reports, dashboards, and management reports.
• Assist with KYC/CDD and enhanced due diligence (EDD) activities where required.
• Support compliance reviews and assessments against applicable SAMA requirements.
• Maintain proper documentation and evidence for compliance activities and audits.
• Assist in identifying compliance gaps and tracking remediation actions.
• Coordinate with internal stakeholders to ensure timely completion of AML and Fraud-related activities.
• Stay updated on relevant SAMA regulations, AML requirements, and Fraud risk management practices.

Qualifications

• Bachelor's degree in finance, Accounting, Business Administration, Law, Compliance, Risk Management, or a related field.
• 1–2 years of experience in AML, Fraud, Compliance, Risk, or a related function.
• Basic to good understanding of SAMA AML and Fraud regulations and requirements.
• Experience in AML transaction monitoring, alert review, KYC/CDD, or fraud investigation is preferred.
• Ability to analyze transactions, customer information, and risk indicators.
• Good understanding of compliance policies, procedures, and controls.
• Strong analytical and problem-solving skills.
• Good communication and report-writing skills.
• Ability to work independently and manage assigned tasks within deadlines.
• Good proficiency in English; Arabic is preferred.

Preferred Qualifications

• CAMS – Certified Anti-Money Laundering Specialist
• CFE – Certified Fraud Examiner
• ICA AML / Compliance certifications
• Relevant SAMA AML/Fraud training or certifications

Certifications

• Candidates holding any of the above certifications will be considered an advantage.
• Additional AML, Fraud, or compliance-related certifications are also a plus.

Nice-to-Have

• Experience with transaction monitoring systems or fraud detection tools.
• Familiarity with regulatory reporting and dashboard preparation.
• Exposure to risk assessment frameworks within a banking or financial services context.

Additional Information

• Role Type: Full-Time
• Location: Remote

Join ExeQut and be part of a dynamic team ensuring data integrity and accessibility for business success!