Anti Money Laundering jobs in Saudi Arabia

EFG Private Bank is part of EFG International is a global private banking group, offering private banking and asset management services. We serve clients in over 40 locations worldwide. EFG International offers a stimulating and dynamic work environment and strives to be an employer of choice.

Empowering entrepreneurial minds to create value - today and for the future.

We are a private bank, offering personalised solutions on a global scale to private and institutional clients. Our sustainable success is based on our talents and on how we partner with our clients and communities to create lasting value.

The Senior Manager, Financial Crime Compliance, will play a key part in ensuring the Bank adheres to all relevant policies, procedures, and regulatory requirements, particularly those relating to Know Your Customer (KYC), Anti-Money Laundering (AML), Counter Terrorist Financing (CTF), sanctions, and anti-bribery and corruption (AB&C). The role will focus on clients with a material nexus to the African market, leveraging deep regional expertise to identify, assess, and mitigate financial crime risks.

• Conduct and review due diligence for both prospective ("onboarding") and existing clients ("periodic reviews" and "CIP modifications"), with a focus on African market connections.
• Identify, assess, and mitigate financial crime risks, ensuring robust controls are in place.
• Produce clear, comprehensive written analyses and risk assessments for senior management, auditors, and regulators.
• Collaborate with Client Relationship Officers (CROs) and senior management to resolve issues and achieve satisfactory outcomes.
• Provide subject matter expertise and guidance to enhance the Bank's financial crime compliance framework.
• Support and mentor junior analysts, sharing knowledge and fostering professional growth within the team.
• Engage in financial crime investigations and support related project work as required.
• Advise 1st Line of Defence (1LOD) support functions on KYC and financial crime risk issues.
• Maintain up-to-date knowledge of relevant legislation, regulations, and industry best practices, including the FCA Handbook and JMLSG.
• Assist in reviewing and updating departmental procedures and driving process improvements.
• Ensure accurate and timely management information (MI) reporting.
• Support the Head of Financial Crime Advisory, Deputy Money Laundering Reporting Officer (DMLRO), and Money Laundering Reporting Officer (MLRO) as needed.

• Minimum of seven years' relevant experience in financial crime compliance, preferably within private banking or a similar financial institution.
• In-depth understanding of legal and regulatory frameworks for KYC, AML, sanctions, tax evasion/avoidance, and terrorist financing.
• Strong expertise in financial crime risks and typologies relevant to the African region; prior experience with Sub-Saharan African clients is highly desirable.
• Proven ability to write clear, concise, and regulator-ready client risk reports.
• Strong analytical skills and investigative mindset, with the ability to synthesise information from diverse sources and draw meaningful conclusions.
• Excellent communication skills, both written and verbal, with the ability to convey complex findings to stakeholders at all levels.
• Proficient in Microsoft Word, Excel, and PowerPoint; capable of producing professional documents and reports.
• A relevant financial crime qualification (e.g., ICA, ACAMS) is desirable.
• Language skills relevant to the African market would be an advantage.

• Passion for investigation and problem-solving.
• Ability to work autonomously, taking ownership of responsibilities and delivering results.
• Strong team player with leadership qualities; able to mentor and support colleagues.
• Self-motivated, proactive, and able to work independently when required.
• Demonstrates sensitivity, tact, and diplomacy in all communications.

• Commitment to ongoing professional development and staying abreast of market and regulatory developments.
• Adherence to the Individual Accountability (IAR) Framework and completion of annual Conduct Rules training.
• Uphold the highest standards of ethical conduct, treating customers fairly and acting in their best interests.
• Line managers must be competent in identifying and escalating suspected conduct breaches in accordance with Bank policy.

• Accountability: Taking ownership for tasks and challenges, as well as seeking continuous improvement
• Hands-on: Being proactive to rapidly deliver high-quality results
• Passionate: Being committed and striving for excellence
• Solution-driven: Focusing on client outcomes and treating clients fairly with a risk-aware mindset
• Partnership-oriented: Promoting collaboration and teamwork. Working together with an entrepreneurial spirit.

At EFG, we tailor our benefits based on the needs of our employees and have purposely created an extensive benefits package that looks to support/enhance employee wellbeing in as many as aspects of life as possible. Below is a high‑level summary of the fantastic benefits that we offer to our employees at EFG;

• A highly competitive non‑contributory pension contribution (with the option to contribute further via salary sacrifice)
• Enhanced annual leave entitlement
• Private Medical Cover
• Cash back membership
• Life Insurance
• Income protection
• Electric Vehicle leasing
• Travel loans
• A wide range of other benefits and opportunities for employees to take advantage of, such as Wellness Apps, Mortgage Brokering services, Insurance discounts, access to discount portals and much more.