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