Compliance & Money Laundering Reporting Officer
Bunker
About the role
About The Role
We are looking for a Compliance & Money Laundering Reporting Officer (CMLRO) in Saudi. This person will build and manage Thndr KSA's compliance and AML/CTF capabilities, and will be registered with the Capital Market Authority (CMA) as Thndr KSA's Compliance Officer and MLRO.
What You'll Do
Compliance
- Draft, implement and maintain Thndr KSA's compliance policies and procedures, keeping them aligned with CMA rules as they change.
- Review policies and procedures at least annually and after any regulatory change, and get them approved by the Board.
- Design, implement and maintain a risk-based compliance programme in line with the Capital Market Institutions Regulations and other CMA rules.
- Run compliance monitoring and surveillance reviews in line with the annual compliance monitoring plan.
- Guide and train the team on regulatory, policy and procedural issues.
- Act as the main point of contact for CMA inquiries, inspections and requests for information.
- Identify, log and resolve compliance issues, complaints and regulatory breaches.
- Prepare and file regulatory reports and notifications with the CMA on time.
MLRO
- Own Thndr KSA's AML/CTF policies and procedures in line with the Anti-Money Laundering Law and the CMA's AML/CTF Rules.
- Oversee the KYC, customer risk-rating and sanctions-screening framework.
- Identify, investigate and report suspicious transactions to the General Directorate of Financial Intelligence.
- Deliver AML/CTF training to staff.
- Receive and act on any relevant findings, recommendations, guidance, directives, sanctions or notices.
Board reporting
- The firm's compliance with applicable KYC and AML/CTF laws.
- Assessment of the adequacy and quality of the firm's AML/CTF policies, procedures, systems and controls.
- Any relevant findings, recommendations, guidance, directives, resolutions, sanctions or notices, and how the firm will address them.
What You'll Need
Experience
- 5+ years in compliance and/or AML in financial services, ideally at a CMA-licensed Capital Market Inst…