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! • 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.