Compliance & Money Laundering Reporting Officer - KSA

The role

This person will build and manage Thndr KSA’s compliance and AML/CTF capabilities. They will be registered with the Capital Market Authority (CMA) as the Compliance Officer and MLRO.

What you will do

• Draft, implement and maintain Thndr KSA’s compliance policies and procedures.
• Review policies and procedures annually and after regulatory changes.
• Design, implement and maintain a risk-based compliance programme.
• Run compliance monitoring and surveillance reviews.
• Guide and train the team on regulatory, policy and procedural issues.
• Act as the main point of contact for CMA inquiries, inspections and requests.
• Identify, log and resolve compliance issues, complaints and regulatory breaches.
• Prepare and file regulatory reports and notifications with the CMA.
• Own Thndr KSA’s AML/CTF policies and procedures.
• Oversee the KYC, customer risk-rating and sanctions-screening framework.

Required qualifications

• 5+ years in compliance and/or AML in financial services.
• Hands-on experience writing and maintaining compliance and AML/CTF policies and procedures for a regulated financial institution.
• Passed the CMA’s compliance and AML qualification route: CME-1B, CME-2A and CME-2B, or an exemption granted by the CMA.
• Eligible for registration with the CMA as a Registered Person under the Capital Market Institutions Regulations.
• Meeting the CMA’s fit-and-proper criteria (skills, experience, competence and integrity).
• Able to act independently of client-facing functions.
• Resident in the Kingdom of Saudi Arabia, or willing to relocate.
• Deep working knowledge of CMA regulations and Saudi AML/CTF law.
• Excellent communication and project management skills.
• Attention to detail and high discretion with confidential information.
• Comfortable with compliance management, screening and transaction monitoring tools.
• Fluent in English.

Nice to have

• Ideally at a CMA-licensed Capital Market Institution (brokerage preferred).
• Prior experience as a CMA-registered Compliance Officer or MLRO is strongly preferred.
• Arabic strongly preferred.

About the company

Thndr aims to democratize access to investing through smart tech and human-centric design. They provide simple and easy access to preserve and grow wealth via a digital investing platform.