Junior AML & Fraud Compliance Specialist

Job 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.

Required Skills

* 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!