Reporting to the Compliance Manager, the purpose of the role is to:-

• co-ordinate and monitor the BSF Compliance Rules and Regulations and internal policies & procedures and ensure that they comply with the Regulators rules.
• monitor new and revised Regulations in to the Gulf Region, European and the US.
• provide support as and when required to the Compliance Manager on any project he may be undertaking from time to time.

Responsibilities:

1. To coordinate, supervise and prepare the BSF Compliance Manual and ensure that it is always up to date and in line with SAMA' s requirements.
2. To assist with the preparation of the BSF Anti-Money laundering & Combating Terrorist Financing (AML&CTF) Policy & Procedures Manual and ensuring that it is always up to date and in line with SAMA' s requirements..
3. To monitor changes of laws / regulations in KSA Regulations that may require revisions to all the Manuals, and help in making those revisions.
4. To monitor the laws/regulations in the Gulf States, Europe and the US, identify issues that may be beneficial to BSF if they were adopted by the KSA Regulators.
5. To provide reports to the Compliance Manager on how the changes to KSA legislation will affect BSF's business and the actions to be taken to minimize the impact on the business. Identify ways in which the business could benefit from revisions in the KSA legislation. 
6. To provide day-to-day guidance to BSF employees regarding compliance with the SAMA Compliance and AML&CTF rules and regulations, internal policies and procedures, and assist with employee training.
7. To manage the Anti-Money Laundering and Know-Your-Customer procedures as required by internal AML&CTF Manual, and SAMA rules, including;

• Review of exception based Anti-Money Laundering reports
• Special review of High Risk and Politically Exposed Persons (PEP) accounts

8. To assist reporting of suspicious activities as per SAMA rules.
9. To assist monitoring and tracking of corrective actions on AML&CTF related issues.
10. To assist the Compliance Manager in preparing proposals to the Regulators regarding changes to the Anti Money Laundering Rules and Regulations.

Candidates will:-

• Currently be working in an Anti-Money Laundering role as Head or Senior AML Officer.
• Have an analytical mind and be good at research.
• Be able to demonstrate that they are aware of the Anti-Money Laundering developments in KSA and the Gulf.
• Have a demonstrable track record of partnering the business.
• Be able to listen to the needs of the business.

A qualified lawyer or accountant.

Able to speak and write good English.