Financial Crime Compliance (FCC) Advisory- Saudi Arabia

Global Consulting Firm
16 days ago
Consulting, banking
Actuarial & Risk
Required skills
AMLFinancial CrimeFinancial Crime Mitigation
Mid Level (6-10 years)
Saudi Arabia
Est. Start
Feb 20, 2023
3 Month(s)
Project Overview

Our client is a global consulting firm and is looking for an expert in Financial Crime Risk Assessment for a 3 - 6 month (extendable) project with a bank in Saudi Arabia.

Key deliverables of the project include Financial Crime Risk Assessment, FCC target operating model, Compliance SOPs

Project Brief:

Years of experience: 4-10 years.

 Preferred Industry: Consulting/ Banking (Core consulting background is preferred)

Basic Criteria and skills the candidate should have experience in and will be required to:

  • Help financial institutions and financial services companies to respond to their regulatory and compliance programs.
  • Provide of regulatory compliance, financial crime risk assessment, business process controls including the development of project plans and approach.
  • Ability to form alliances and work with companies developing AML/Financial Crime tools/Applications, Fintechs, RPA and Automation Companies, etc.
  • Knowledge of Conduct related risks such as Conflict of Interest, Insider Trading, Market abuse and ability to design and implement frameworks pertaining to mitigation of Conduct Risk.
  • Knowledge of Global AML standard such as FATF, Basel, Wolfsberg along with comprehensive understanding of central bank regulations.
  • Proven technical expertise in the field of financial crime risks (AML/ CTF and Sanctions).
  • Financial Crime Compliance experience gained within the Financial Services Sector and act as the financial crime compliance consultant.
  • Experience working for FIU/Central Bank on Financial Crime Compliance project

Expertise in the following areas would be an advantage:

  • AML/Financial Crime Model Validation and Optimization(Transaction Monitoring, Sanctions Screening, Customer Risk Rating)
  • AML Framework/Program Review
  • AML/Financial Crime Risk Assessment Methodology
  • FCC Regulatory Advisory
  • AML Customer Risk Profiling Model
  • AML/Financial Crime Internal Audit
  • AML/Financial Crime Target Operating Model
  • AML Technology Assessment & System Implementation
  • AML Policies & Procedures
  • Sanctions Program assessment and development
  • Sanctions Policies and Procedures
  • Sanctions lookbacks
  • Transaction monitoring alert investigation and STR reporting
  • Name and Payment screening model validation
  • AML Training Design and Delivery
  • Look back and Remediation
  • CDD/KYC Programs
  • FATCA/CRS Assessment
  • Data analytics pertaining to financial crime technology
  • Know-how of the compliance technology.

  •  External facing role: Yes
  • Other Skills: Excellent, Exceptional ppt and word skills.
  • Language: English. Arabic Preferred

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