35 Anti Money Laundering jobs in Saudi Arabia

Overview:

Sukna Capital is a dynamic financial institution specializing in alternative asset investments. We leverage data-driven insights and a technology-forward approach to drive superior returns across venture capital, private equity, debt, and real estate. Our commitment to excellence, combined with a global network of partners and experts, empowers us to unlock potential and deliver long-term value for our investors.

Position Summary:

Sukna Capital seeks a seasoned Compliance Officer and MLRO who will report directly to the Board. This role is responsible for monitoring the organization's overall compliance program, ensuring that the company meets its obligations under regulatory and statutory requirements, set forth by the Capital Market Authority (CMA) of Saudi Arabia. The role demands a deep understanding of regulatory compliance within the financial services industry and expertise in managing anti-money laundering (AML) procedures.

Key Responsibilities:

1. Regulatory Reporting and Liaison:

• Serve as the primary point of contact for all regulatory inquiries and examinations related to compliance and AML issues.
• Ensure accurate and timely reporting of compliance and AML matters to the Capital Market Authority (CMA) and other regulatory bodies as required.
• Maintain a proactive relationship with the CMA, ensuring that all regulatory reports are submitted in accordance with statutory timelines and formats.

2. Risk Management and Compliance Monitoring:

• Identify, evaluate, and report on compliance risks associated with the company's activities.
• . Implement strategic solutions to manage identified risks, ensuring they are mitigated in a timely and effective manner.
• Monitor the effectiveness of the compliance program, reporting findings and providing recommendations directly to the Board.

3. Regulatory Compliance Management:

• Develop and enhance the compliance framework to integrate with the latest regulatory developments and industry best practices.
• Continuously review and update compliance policies and procedures to align with changes in laws and regulations.
• Conduct regular compliance audits and risk assessments to ensure all areas of the business adhere to legal standards and internal policies.
• Develop compliance training materials and programs; conduct training sessions to ensure staff awareness and adherence to compliance and regulatory requirements.

4. AML Oversight:

• Act as the Money Laundering Reporting Officer (MLRO), managing all aspects of the anti-money laundering compliance program.
• Design and implement effective AML policies and controls to prevent, detect, and report potentially suspicious activities.
• Regularly review and update the AML strategy to incorporate new trends in financial crime and money laundering tactics.
• Prepare and submit timely AML reports to regulatory bodies; handle all external communications concerning AML matters.

5. Stakeholder Engagement
:

• Collaborate with internal departments to embed compliance considerations into business processes and decision-making.
• Engage and consult with external experts, including legal advisors and compliance consultants, to ensure the compliance framework remains robust and comprehensive.

Qualifications:

• Minimum of 7 years of proven experience in a compliance role within the financial services industry, with significant exposure to AML duties.
• All required CME certifications (CME-1, CME-2)
• Bachelor's degree in Finance, Economics, Business Administration, or related field; Master's degree or relevant professional certifications is preferred.
• Comprehensive knowledge of the regulatory environment in Saudi Arabia, especially regulations pertaining to the Capital Market Authority.
• Demonstrated ability to design and implement compliance and AML programs.
• Strong leadership skills with experience in managing direct reports and influencing senior management.
• Exceptional analytical and strategic thinking abilities.
• Excellent communication skills, capable of effectively managing relationships with regulators, senior executives, and team members.

Employment Type:

Full-time

Job Location:

Riyadh, Saudi

This position is a seconded position to the Royal Commission Crisis and Disaster Management Department. The role will be dependent on the need of the Royal Commission into the future.

The person appointed will work within the Crisis & Disaster Management Department (CDMD).

• The role is to provide technical Risk Management (RM) expertise, advice and guidance to the Royal Commission RM Section.
• The purpose of the Section is to implement a RM strategy and structure across Royal Commission Jubail (RCJ) and Royal Commission Ras-Al-Khair (RC RIC).
• Within that role the following tasks will be expected to be delivered:
• Oversee the coordination and development of organization wide risk management plans.
• Provide detailed advice on risk management best practice to the whole organization from Departments to the C-Suite.
• Lead in the implementation of a Risk management system across 2 major organisations.
• Developing risk management frameworks. Review and enhance existing risk management systems, ensuring compliance with local and national regulatory requirements.
• Tracking metrics: Define and report on key risk indicators and performance measures to highlight emerging issues and trends.
• Engaging stakeholders: Act as a trusted advisor, providing training and fostering accountability across teams.
• Assist in obtaining ISO 31000 certification for RCJ. Assist in maintaining ISO 31000 certification for RC RIC.
• Develop and deliver training materials and presentations to internal and external groups.
• Reporting capability: Demonstrated experience creating tools, frameworks, and dashboards.
• Leads risk mitigation and response protocols according to the latest trends and best practices if faced with a crisis.
• Engages in continuous personal learning and development that enhances individual performance and organization capabilities.

• Bachelor’s degree in business or related field with 10-13 of relevant experience or 14-17 years of relevant work experience.
• Experience in operational Risk Management essential. Ideally in the context of a large diverse organization.
• Extensive knowledge across the following resilience fields: Business Continuity and Crisis Management.
• Experience in planning and program management.
• Skill in oral and written communication. Fluency in English Language mandatory.
• Ability to provide strong, active leadership to adopt and enforce a consistent approach that nurtures a culture of quality, creativity, innovation and empowerment.
• Emotionally mature and intelligent with ability to train, coach and develop direct reports, peers and colleagues.
• Able to work in a culturally diverse environment.

• Knowledge of industry/ regulatory codes and standards.
• Experience with risk assessment and risk management. Ability to manage a large number of Risk Registers.
• Familiarity with ISO 31000 certification process.
• Familiarity with emergency evacuation and shelter plans, crisis communications procedures and business continuity management.
• Experience working in KSA or Middle East, preferable.
• Successful implementation of mentoring programs for young career minded professional.
• Hands-on approach, solution and delivery oriented.

For decades, Bechtel has worked to inspire the next generation of employees and beyond! Because our teams face some of the world's toughest challenges, we offer robust benefits to ensure our people thrive. Whether it is advancing careers, delivering programs to enhance our culture, or providing time to recharge, Bechtel has the benefits to build a legacy of sustainable growth. Learn more at Bechtel Total Rewards

As a global company, Bechtel has long been home to a vibrant multitude of nationalities, cultures, ethnicities, and life experiences. This diversity has made us a more trusted partner, more effective problem solvers and innovators, and a more attractive destination for leading talent.

We are committed to being a company where every colleague feels that they belong-where colleagues feel part of "One Team," respected and rewarded for what they bring, supported in pursuing their goals, invested in our values and purpose, and treated equitably. Click here to learn more about the people who power our legacy.

Bechtel is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity and expression, age, national origin, disability, citizenship status (except as authorized by law), protected veteran status, genetic information, and any other characteristic protected by federal, state or local law. Applicants with a disability, who require a reasonable accommodation for any part of the application or hiring process, may e-mail their request to

Department:
Risk Management

Employment Type:
Full Time

Location:
KSA

Reporting To:
Ahmed Almughriyah

Description
About the role:

The
Risk Management Analyst
will support the Risk Manager in developing, implementing, and maintaining effective risk management strategies that protect the organization from potential threats and vulnerabilities. This role requires a detail-oriented and analytical thinker who can conduct risk assessments, assist in compliance monitoring, and support business continuity planning.

The Risk Management Analyst will work closely with various departments to gather risk-related information, provide insights for decision-making, and ensure alignment with regulatory requirements and organizational goals. The ideal candidate will have experience in risk management processes, data analysis, and reporting, contributing to the continuous improvement of the organization's risk management practices.

Key Responsibilities

• Assist in Risk Management Processes
• Support the Risk Manager in identifying, assessing, and mitigating risks across the organization.
• Assist in the development and implementation of risk management strategies and frameworks.
• Conduct Risk Assessments
• Perform risk assessments to evaluate potential risks and vulnerabilities.
• Assist in developing risk mitigation plans and strategies.
• Compliance Monitoring
• Ensure compliance with relevant regulations and industry standards.
• Assist in preparing compliance reports and maintaining documentation for audits.
• Data Analysis and Reporting
• Analyze risk data and generate reports to support decision-making processes.
• Monitor key risk indicators and prepare regular reports for senior management.
• Support Business Continuity Planning
• Assist in the development and maintenance of Business Continuity Plans (BCPs) and Disaster Recovery Plans (DRPs).
• Participate in BCP and DRP testing and updates.
• Collaboration and Communication
• Collaborate with various departments to gather risk-related information and ensure alignment on risk management objectives.
• Communicate risk findings and recommendations to relevant stakeholders.
• Continuous Improvement
• Contribute to the continuous improvement of risk management processes and practices.
• Stay updated on emerging risks and industry trends to provide timely insights.

Skills, Knowledge & Expertise

• At least 3 years of experience in risk management or a related field.
• Experience in conducting risk assessments and developing risk mitigation strategies.

Skills And Competencies

• Strong analytical skills with the ability to interpret complex data.
• Excellent communication and interpersonal skills.
• Proficiency in risk management tools and software.
• Ability to work collaboratively in a team-oriented environment.
• Detail-oriented with strong organizational skills.

Technical Expertise

• Familiarity with risk management frameworks such as ISO 31000 or COSO ERM.
• Understanding of compliance requirements and industry regulations.

Job Benefits

We are seeking an experience
Legal GRC Risk Supervisor
that he will be a key member of the GRC team, responsible for overseeing the organization's
enterprise risk management (ERM)
program. This role involves the proactive
identification, assessment, and mitigation
of risks across all business units. The supervisor will lead a team of risk analysts, conduct in-depth risk analyses, and prepare comprehensive reports for management to support strategic decision-making and ensure the organization's resilience.

Key Responsibilities

• Risk Identification & Assessment:
  Supervise the process of identifying potential risks, including operational, financial, strategic, and reputational threats. Conduct quantitative and qualitative risk assessments to determine the probability and potential impact of identified risks.
• Risk Mitigation & Monitoring:
  Develop and implement effective
  risk mitigation strategies
  and internal controls to reduce exposure. Track and monitor the status of key risks and the effectiveness of control measures.
• Risk Reporting & Communication:
  Maintain and manage the corporate
  risk register
  , ensuring all information is accurate and up-to-date. Prepare and present regular risk reports to senior management, highlighting top risks and trends.
• Team Leadership:
  Lead, mentor, and provide guidance to a team of risk analysts. Assign tasks, manage project timelines, and ensure the team meets its objectives efficiently.

Qualifications and Skills

• Education:
  Bachelor's degree in a relevant field such as Business, Law, Finance, or a related discipline.
• Experience:
  Proven experience in a risk management, GRC, or internal audit role. Prior experience in a
  supervisory or leadership position
  is essential.
• Skills & Competencies:
  Strong analytical and problem-solving skills, with a deep understanding of
  risk management principles
  and methodologies (e.g., ISO 31000, COSO ERM).
• Certifications (Preferred):
  CRISC (Certified in Risk and Information Systems Control) or FRM (Financial Risk Manager).
• 5+ years of experience in Governance, Corporate Affairs, or Legal/Compliance.
• Strong knowledge of governance codes, corporate laws, and regulatory frameworks.
• Experience supporting Boards, Committees, or corporate secretarial functions.
• Excellent communication, drafting, and organizational skills.
• Bilingual (Arabic & English) preferred in GCC context.

Title: Risk Management Specialist

Requisition ID: 5363

Overview
Complex
President Complex
Department
Risk Management
Division/ Section
Credit & Investment Risk
Country
Saudi Arabia
Location
Jeddah, Kingdom of Saudi Arabia
Job Grade
E2
Contract Type
Fixed Term
Closing Date
14-Oct-2025

Job Purpose
In collaboration with the Lead/Senior Specialist, the role supports the Bank's strategic objective of maintaining a sound and resilient portfolio by undertaking independent risk assessment of sovereign, financial institutions (FIs), sukuk investments, and investments in equity and funds. The role also requires participation in developing and updating risk assessment policies and guidelines and monitoring their effective implementation. This role is further responsible for monitoring and reporting on changes in risk profile of the sovereign and FI counterparts and also ensuring that the Bank's internal rating models are kept updated with the latest market & macro-economic data.

Key Accountabilities
Credit and Investment Risk Assessment:

• Undertake risk review of sukuk investment proposals reflecting transaction structure, credit risk, comparable yields, compliance with limits and the liquidity management policies and guidelines.
• Undertake risk assessment of financial institutions including initiating the internal rating using the applicable model; and also calculating the initial limits in compliance with the guidelines.
• Prepare financial institutions risk assessment notes for trade finance exposure addressing strengths and weaknesses in asset quality, capital adequacy, liquidity, profitability and corporate governance.
• Initiate the internal rating estimation for sovereign obligors using the Bank's approved sovereign rating model and guidelines.
• Participate in the risk review of proposals for investments in equity and funds.
• Participate in developing and updating credit and investment risk management framework including risk assessment guidelines for financial institutions, project and corporate finance, country risk and investments in equity and funds.
• Monitor regularly the movement in the risk profile of the sovereign and FI counterparts in terms of changes in ratings and economic profiles and prepare reports highlighting the changes and the underlying key drivers.
• Participate in Users Acceptance Test (UAT) for any update and change related to internal rating models.
• Support the senior team members in updating the Loss Given Default Models (LGD) for Country Risk & Financial Institutions.
• Update regularly the ratings of the banks and financial institutions acceptable for placement of IsDB liquid funds.

Operational Excellence

• Monitor the effective implementation and adherence to respective risk management policies and guidelines.
• Keep abreast of the latest developments, regulations and leading practices in the field of credit and investment risk management.
• Contribute to the preparation of the annual work plan and financial budget for the Credit & Investment Risk Division and monitor actual expenditure against the approved budget, including support of risk reporting requirements.

Academic And Professional Qualifications

• Bachelor's degree in Economics / Finance / Risk Management / Mathematics / Business Administration or related discipline. Master's Degree is preferable.
• Professional certifications like CFA/PRM/FRM/CQF or equivalent is preferred.
• Minimum 5 years of relevant experience in Credit Risk management. Experience of Credit Risk management in a multilateral development bank is highly preferable.
• Languages: English: Mandatory | Arabic: Preferred | French: Preferred

Skills & Necessary Knowledge

• Risk Rating Systems (PD & LGD Models).
• Database Management for Credit Risk Systems
• Risk Assessment skills.
• Asset Valuation Techniques.
• Credit Risk Management.
• Credit Risk Evaluation.
• Governance, Risk and Control.
• Analytical Thinking.
• Problem Solving

About Application Process
If you meet the criteria and you are enthusiastic about the role, we would welcome your application. To complete the application you would need the following document(s):

• Resume/CV
• Copy of passport
• Academic certificate

If you are currently an IsDB Regular staff applying for this role and get selected through the competitive selection process; your current contract type and other terms and conditions will remain unchanged.

The Islamic Development Bank (IsDB) does not ask for payments of any kind from applicants throughout the recruitment process (job application, CV review, interview meeting, and final processing of applications). In addition, the IsDB does not request information on applicants' bank accounts. The IsDB declines all responsibility for the fraudulent publications of job posts or job offers in its name or, in general, for the fraudulent use of its name in any way whatsoever.

Requisition ID:

• Relocation Authorized: International - Single
• Telework Type: Full-Time Office/Project
• Work Location: Jubail

Since 1898, we have helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs, grown economies, improved the resiliency of the world's infrastructure, increased access to energy, resources, and vital services, and made the world a safer, cleaner place.

Differentiated by the quality of our people and our relentless drive to deliver the most successful outcomes, we align our capabilities to our customers' objectives to create a lasting positive impact. We serve the Infrastructure; Nuclear, Security & Environmental; Energy; Mining & Metals, and the Manufacturing and Technology markets. Our services span from initial planning and investment, through start-up and operations.

Core to Bechtel is our Vision, Values and Commitments. They are what we believe, what customers can expect, and how we deliver.

Jubail is one of Bechtel's most remarkable achievements—a city built from the sand up, requiring vast resources and logistical planning on an unprecedented scale. It the biggest civil engineering project in modern times—and it's getting bigger. Bechtel has managed the Jubail project, located in the Eastern Province of Saudi Arabia, since it began in the mid-1970s. Saudi Arabian Bechtel Company (SABCO) serves as the Management Services Contractor (MSC), or "owner's representative" for our client, the Royal Commission (RC). We are the Engineering, Procurement, and Construction (EPC) managers, managing design submissions from local AE firms, and overseeing the actual construction work being performed by local contractors and sub-contractors in Jubail and Ras-Al-Khair Industrial Cities. In June 2021, Bechtel's contract with the Royal Commission was renewed for another 5 years with work focusing on building new residential communities, iconic buildings/ bridges, major site preparation, commercial buildings, mosques, schools, hospitals, sports facilities, clinics, universities, utility services and infrastructure (electrical sub-stations, lift stations), roads and highways, port & pipeline expansions, and more.

This position is a seconded position to the Royal Commission Crisis and Disaster Management Department. The role will be dependent on the need of the Royal Commission into the future.

The person appointed will work within the Crisis & Disaster Management Department (CDMD)

• The role is to provide technical Risk Management (RM) expertise, advice and guidance to the Royal Commission RM Section.
• The purpose of the Section is to implement a RM strategy and structure across Royal Commission Jubail (RCJ) and Royal Commission Ras-Al-Khair (RC RIC).
• Within that role the following tasks will be expected to be delivered:
• Oversee the coordination and development of organization wide risk management plans.
• Provide detailed advice on risk management best practice to the whole organization from Departments to the C-Suite.
• Lead in the implementation of a Risk management system across 2 major organisations.
• Developing risk management frameworks. Review and enhance existing risk management systems, ensuring compliance with local and national regulatory requirements.
• Tracking metrics: Define and report on key risk indicators and performance measures to highlight emerging issues and trends.
• Engaging stakeholders: Act as a trusted advisor, providing training and fostering accountability across teams.
• Assist in obtaining ISO 31000 certification for RCJ. Assist in maintaining ISO 31000 certification for RC RIC.
• Develop and deliver training materials and presentations to internal and external groups.
• Reporting capability: Demonstrated experience creating tools, frameworks, and dashboards.
• Leads risk mitigation and response protocols according to the latest trends and best practices if faced with a crisis.
• Engages in continuous personal learning and development that enhances individual performance and organization capabilities.

• Bachelor's degree in business or related field with 10-13 of relevant experience or 14-17 years of relevant work experience.
• Experience in operational Risk Management essential. Ideally in the context of a large diverse organization.
• Extensive knowledge across the following resilience fields: Business Continuity and Crisis Management.
• Experience in planning and program management.
• Skill in oral and written communication. Fluency in English Language mandatory.
• Ability to provide strong, active leadership to adopt and enforce a consistent approach that nurtures a culture of quality, creativity, innovation and empowerment.
• Emotionally mature and intelligent with ability to train, coach and develop direct reports, peers and colleagues.
• Able to work in a culturally diverse environment.

• Arabic speaker very desirable.
• Knowledge of industry/ regulatory codes and standards.
• Experience with risk assessment and risk management. Ability to manage a large number of Risk Registers.
• Familiarity with ISO 31000 certification process.
• Familiarity with emergency evacuation and shelter plans, crisis communications procedures and business continuity management.
• Experience working in KSA or Middle East, preferable.
• Successful implementation of mentoring programs for young career minded professional.
• Hands-on approach, solution and delivery oriented.

For decades, Bechtel has worked to inspire the next generation of employees and beyond Because our teams face some of the world's toughest challenges, we offer robust benefits to ensure our people thrive. Whether it is advancing careers, delivering programs to enhance our culture, or providing time to recharge, Bechtel has the benefits to build a legacy of sustainable growth.

As a global company, Bechtel has long been home to a vibrant multitude of nationalities, cultures, ethnicities, and life experiences. This diversity has made us a more trusted partner, more effective problem solvers and innovators, and a more attractive destination for leading talent.

We are committed to being a company where every colleague feels that they belong-where colleagues feel part of "One Team," respected and rewarded for what they bring, supported in pursuing their goals, invested in our values and purpose, and treated equitably.

Bechtel is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity and expression, age, national origin, disability, citizenship status (except as authorized by law), protected veteran status, genetic information, and any other characteristic protected by federal, state or local law. Applicants with a disability, who require a reasonable accommodation for any part of the application or hiring process, may e-mail their request to

Job Summary:

We are seeking a motivated and detail-oriented Risk Specialist to join our Risk Management team. The ideal candidate will have a strong foundation in either finance or accounting and a keen interest in identifying and mitigating potential risks. This entry-level position is perfect for recent graduates or individuals with up to one year of relevant experience.

Key Responsibilities:

• Risk Assessment:
  Assist in identifying, analyzing, and evaluating risks across the organization.
• Data Analysis:
  Collect and analyze financial and operational data to identify risk trends and patterns.
• Reporting:
  Prepare reports and presentations for management on risk exposures and mitigation strategies.
• Compliance:
  Ensure compliance with regulatory requirements and internal policies related to risk management.
• Collaboration:
  Work closely with various departments to promote a culture of risk awareness and compliance.
• Continuous Improvement:
  Participate in the development and implementation of risk management policies and procedures.

Qualifications:

• Education:
  Bachelor's degree in Finance, Accounting, or a related field.
• Experience:
  0 to 1 year of experience in risk management, finance, or accounting is preferred.

Job Title:
ERM – Enterprise Risk Management Subject Matter Expert

Location:
Al Khafji, Kingdom of Saudi Arabia

Job Type:
12-Month Contract (Renewable)

Job Overview:

We are seeking a seasoned
Enterprise Risk Management (ERM) Subject Matter Expert
with a minimum of
10 years of professional experience
, including
exposure to oil & gas projects
. The ideal candidate will lead the development and implementation of a robust, enterprise-wide risk management framework tailored to the complexities of the energy sector. This role is critical in identifying, assessing, and mitigating risks that could impact strategic, operational, financial, and reputational objectives.

Key Responsibilities:

• Design and implement a comprehensive ERM framework aligned with industry best practices and regulatory requirements.
• Identify, assess, and prioritize enterprise-level risks across all business units, with a focus on oil & gas operations.
• Develop and oversee risk mitigation strategies and contingency plans.
• Monitor and evaluate the effectiveness of risk controls and ensure continuous improvement.
• Prepare and present detailed risk reports to senior leadership and the board.
• Promote a risk-aware culture throughout the organization through training and stakeholder engagement.
• Integrate risk management into strategic planning and operational decision-making processes.
• Collaborate with cross-functional teams to ensure alignment of risk practices with business objectives.

Required Qualifications & Experience:

• Minimum 10 years of total professional experience
  , with at least
  5 years in ERM roles
  .
• Proven track record in
  risk management within oil & gas projects
  (upstream, downstream, or integrated operations).
• Strong understanding of industry-specific risks including HSE, regulatory compliance, asset integrity, and geopolitical factors.
• Experience working in multinational or regional energy companies is highly desirable.