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Local payments in emerging markets made easy
Compliance Officer
Location
Saudi Arabia
Posted
110 days ago
Salary
0
Seniority
Senior
Job Description
Compliance Officer
dLocal
• Oversee and manage the Know Your Customer (KYC) onboarding process for new customers and update existing ones in Saudi Arabia. • Ensure compliance with local and international regulatory requirements related to customer identification and verification. • Implement and enhance transaction monitoring systems to detect and report suspicious activities within the Saudi Arabian context. • Serve as the primary point of contact for AML/CFT matters in Saudi Arabia. • Develop and enforce AML/CFT policies and procedures tailored to the Saudi Arabian regulatory environment. • Stay abreast of the regulatory landscape governing the payments industry in Saudi Arabia. • Develop and implement compliance procedures specific to remittances and cross-border payments in Saudi Arabia. • Conduct regular risk assessments to identify and mitigate potential compliance risks within the Saudi Arabian context. • Report findings and other compliance matters related to AML/CFT to different stakeholders in Saudi Arabia in a clear and understandable manner.
Job Requirements
- Bachelor's degree in a relevant field; additional certifications (e.g., CAMS, ACAMS, ICA) are a must.
- 4-6 years of legal experience in consultancy firms, AML, Transaction Monitoring, and KYC within the banking or fintech sector.
- Proven experience in a compliance role within the financial services industry, with a focus on payments and remittances.
- Hands-on experience in building or implementing compliance-related automations (e.g., workflows, alerts, reporting systems).
- In-depth knowledge of KYC processes, transaction monitoring, and AML/CFT regulations in Saudi Arabia.
- Familiarity with Saudi Arabian regulatory frameworks for the payments industry.
- Experience in engaging with regulators in Saudi Arabia and maintaining positive relationships.
- Strong analytical and problem-solving skills.
Benefits
- Flexibility: we have flexible schedules and we are driven by performance.
- Fintech industry: work in a dynamic and ever-evolving environment, with plenty to build and boost your creativity.
- Referral bonus program: our internal talents are the best recruiters - refer someone ideal for a role and get rewarded.
- Learning & development: get access to a Premium Coursera subscription.
- Language classes: we provide free English, Spanish, or Portuguese classes.
- Social budget: you'll get a monthly budget to chill out with your team (in person or remotely) and deepen your connections!
- dLocal Houses: want to rent a house to spend one week anywhere in the world coworking with your team? We’ve got your back!
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