AML CTF officer

Who Are We

HALA is a leading fintech player in the MENAP region that aims to redefine financial services and build the future bank of SMEs. HALA aims at empowering SMEs to start, run, and grow their businesses by providing them with cutting-edge financial and technological tools.

HALA currently holds multiple entities in UAE, Saudi Arabia and Egypt (including HALA Payments, HALA Cashier and HALA Logistics) and offers solutions that enable merchants to digitize their payments as well as manage their sales and operations.

Founded in 2017, HALA is currently duly licensed by the Saudi Arabian Central Bank as well as the Financials Services Regulatory Authority (FSRA) in Abu Dhabi Global Market.

The Job in a Nutshell 💡

The AML CFT Officer is responsible for investigating, monitoring, and managing suspicious financial activity to prevent the abuse of legitimate financial systems. Their role ensures that financial transactions are not used to hide or disguise the proceeds of crime while maintaining compliance with regulatory requirements from governing bodies.

What You Will Do ❓

• Assist with the development, implementation, and maintenance of anti-money laundering programs.
• Ensure compliance with current AML regulations and other relevant legislation.
• Continuously implement the risk assessment framework for products, services, clients, and other money laundering-related issues.
• Ensure the clearance of all assigned cases within TAT, with accurate decisions taken.
• Conduct proper CDD/EDD as required for reporting to the FIU.
• Maintain records of high-risk customers and report suspicious activities as per FIU requirements.
• Arrange and implement inspections and audits from third-party organizations.
• Make compliance recommendations based on audit findings.
• Brief and report to senior management on internal AML compliance policies and procedures.
• Investigate and assess financial activity risks.
• Monitor and control high-risk activities.
• Routinely communicate with regulators and auditors to explain monitoring and risk control strategies.
• Cooperate with compliance teams to meet specific AML requirements.
• Build reports regularly to showcase the overall business health in mitigating risks.
• Review data and solutions to ensure all AML requirements are met.
• Monitor, review, and investigate generated alerts, ensuring clearance within the agreed TAT.
• Conduct initial analysis of customer transactions using internal and external research tools.
• Assess and determine if there is reasonable suspicion of money laundering.
• Identify and report suspicious or unusual transactions, non-compliant activity, or increased compliance risks.
• Accurately document the rationale for case closure or escalation as appropriate.
• Prepare customer transaction analysis summaries upon request.

What Are We Looking For? ❓

• Saudi National
• Bachelor’s degree in Law, Finance, Business Administration, or related fields
• 5+ years of experience in AML within SAMA-licensed companies
• Solid knowledge of compliance and SAMA regulations
• Languages: English and Arabic.

• We have an inclusive and diverse culture that encourages innovation and flexibility in remote, in-office, and hybrid work setups.
• We offer highly competitive compensation packages, including the potential for shares.
• We prioritize personal development and offer regular training and an annual learning stipend to tackle new challenges and grow your career in a hyper-growth environment.
• Join a talented team of over 30 nationalities working in 7 countries and gain valuable experience in an exciting industry.
• We offer autonomy, mentoring, and challenging goals that create incredible opportunities for both you and the company.
• You will be given a lot of responsibility and trust We believe that the best results come when the people responsible for a function are given the freedom to do what they think is best