Sanctions Officer – AML & Compliance Specialist

About the role

The Sanctions Officer ensures the bank adheres to all relevant sanctions and anti‑money‑laundering (AML) regulations. The role provides expert advice, manages sanctions risk, and oversees screening of customers, transactions, and payments.

Key responsibilities

• Implement and maintain sanctions policies, ensuring compliance with local and international regulations such as SAMA, FATF, OFAC and UN sanctions.
• Screen new and existing customers, suppliers and related parties against sanctions lists and investigate alerts.
• Monitor wire transfers and payment flows, investigating suspicious activity and preventing involvement of sanctioned or grey‑listed individuals.
• Manage sanctions screening systems (FircoSoft, OWS, World‑Check), update watchlists and monitor screening effectiveness.
• Track regulatory changes, update the Financial Crime Compliance Risk Model and coordinate with regulators.
• Provide sanctions guidance, support training programs and embed sanctions requirements into KYC policies.

Required profile

• Bachelor’s degree in a relevant field.
• 5–7 years of banking or financial‑services experience, with AML or sanctions focus.
• 3–5 years in an AML management or supervisory role preferred.
• Relevant certifications such as CAMS or CCO are a plus.

Required skills

• AML compliance
• Sanctions compliance
• KYC and Customer Due Diligence (CDD)
• FATF recommendations
• OFAC regulations
• UN sanctions
• SAMA regulations
• Wire transfer monitoring
• Payment screening
• Financial crime compliance
• Regulatory compliance
• Risk assessment
• Banking operations
• FircoSoft
• OWS
• World‑Check
• Financial Crime Compliance Risk Model (FCCRM)