Director of Financial Crimes Risks

About the role

The Director of Financial Crimes Risks will lead BSF’s strategy to identify, assess and mitigate a broad spectrum of financial crime threats, including money laundering, terrorist financing, sanctions breaches, fraud, bribery and corruption. The role provides senior‑level advisory support to business units and senior management, ensuring that risk frameworks are robust, regulatory expectations are met, and the institution’s compliance culture remains strong.

Key responsibilities

• Design, implement and oversee the Financial Crimes Risk framework across the bank.
• Conduct high‑risk customer reviews and provide guidance on product, service and channel risk.
• Monitor emerging typologies, regulatory changes and assess their impact on the bank’s risk posture.
• Advise senior management on complex regulatory requirements and governance matters.
• Manage interactions with regulators, auditors and internal audit to maintain credibility.
• Lead cross‑functional teams in developing controls and remediation plans.

Required profile

• Minimum 8 years of experience in financial crime risk management, AML/CTF or related compliance functions.
• Strong knowledge of Saudi and international regulatory frameworks.
• Proven ability to influence senior stakeholders and drive risk‑based decisions.
• Excellent analytical and communication skills.

Required skills

• Compliance
• Financial crime risk management
• Risk assessment
• KYC
• CTF
• AML