Head of Anti-Money Laundering (AML) - Saudi National

Start free →

Or apply yourself on the official page →

About the role

About Us Tamara is a leading fintech platform in Saudi Arabia and the GCC region with a mission to help people own their dreams built on being simple, trusted, and everywhere our customers need us. Today, more than 25 million customers and over 130,000 partner merchants depend on Tamara every day for reliable financial solutions across retail, travel, education, healthcare, and beyond. Tamara is backed by Sanabil Investments, a wholly owned company of the Public Investment Fund (PIF), and SNB Capital, among others. Your Role The Head of AML will lead and manage the overall operations, activities, and responsibilities of the AML/CTF Department, reporting administratively to the Chief Executive Officer (CEO) and functionally to the Audit Committee. The role is responsible for developing, implementing, and maintaining the company’s Anti-Money Laundering, Counter-Terrorist Financing, and Proliferation Financing (AML/CTF/PF) framework in Saudi Arabia. This includes ensuring compliance with the Saudi Anti-Money Laundering Law and its Implementing Regulations, SAMA requirements, SAFIU reporting obligations, and applicable Targeted Financial Sanctions requirements. The Head of AML will work closely with business and control functions to identify and assess financial-crime risks, ensure that effective controls are implemented consistently across the company, remediate identified gaps, and promote a strong culture of AML/CTF/PF compliance. Your Responsibilities • AML/CTF/PF Framework and Controls: Develop, implement, monitor, and continuously enhance the company’s AML/CTF/PF framework and controls to ensure their effectiveness and alignment with applicable regulatory requirements. • Oversight of AML/CTF/PF Operations: Lead and oversee the AML/CTF Unit’s activities, ensuring that all responsibilities are performed effectively and that identified control or process deficiencies are addressed promptly. • Policies and Procedures: Develop, maintain, and periodically review the company’s AML/CTF/PF policies, procedures, standards, and operating controls to reflect regulatory developments, emerging risks, and relevant industry practices. • Enterprise-Wide Risk Assessment: Oversee the identification and assessment of money laundering, terrorist financing, and proliferation financing risks arising from the company’s customers, products, services, transactions, delivery channels, and geographic exposure. • Stakeholder Management and Advisory: Build and maintain effective relationships with key internal stakeholders and provide guidance and advice on AML/CTF/PF risks, regulatory requirements, new products, business initiatives, and control enhancements. • Sanctions and PEP Screening: Oversee sanctions, Targeted Financial Sanctions, and politically exposed person screening controls, including alert investigation, escalation, decision-making, freezing measures, and regulatory reporting where applicable. • Board and Senior Management Reporting: Provide the CEO and Audit Committee with regular reports on the company’s AML/CTF/PF risk exposure, control effectiveness, key performance indicators, material cases, regulatory developments, identified deficiencies, and the status of remediation actions. • Stakeholder Management and Advisory: Build and maintain effective relationships with key internal stakeholders and provide guidance, awareness, and advice on AML/CTF/PF risks, requirements, and controls. • Transaction Monitoring & Alert Management: Oversee transaction monitoring mechanisms ensuring effective rule tuning, threshold settings, and scenario management to minimize false positives. • Suspicious Activity Reporting: Ensure that unusual activities are investigated appropriately and that suspicious transaction or activity reports are submi

View the official posting →