Anti Money Laundering Specialist

About This Role

An Anti Money Laundering Specialist supports the AML Lead in daily monitoring, customer due diligence, investigations, and regulatory reporting. This role ensures compliance with SAMA and FIU requirements and is suitable for a professional with experience in AML, fraud, or compliance.

Responsibilities

• Perform KYC/KYB checks during onboarding and ensure completeness of company documents
• Validate CR, National Address, MCC, Beneficial Ownership, and IBAN ownership
• Perform sanctions, PEP, and adverse media screening
• Conduct Enhanced Due Diligence on high-risk merchants
• Review unusual patterns in merchant profiles, including transaction volatility, abnormal MCC behavior, and cash-like activities
• Approve high-risk clients (e.g., cash-intensive merchants, unusual MCCs, high-volume cross-border activities)
• Act as the primary point of contact with SAMA and FIU regarding AML matters
• Coordinate regulatory inspections, information requests, and remediation action plans
• Review AML alerts, analyze customer behavior, and escalate suspicious activity to AML Lead
• Conduct initial AML case investigations and prepare case summaries
• Assist in preparing STRs for submission
• Maintain AML logs, investigation records, and supporting evidence
• Ensure timely documentation in the case management system
• Support the delivery of AML training to new joiners and operational teams

Requirements

• Bachelor’s degree in finance, Law, Business, or related field
• 1–2 years' experience in AML, fraud, or compliance
• Strong analytical skills and working knowledge of AML systems
• Knowledge of SAMA AML requirements and FIU STR procedures is preferred

Benefits

• Inclusive and diverse culture that encourages innovation and flexibility in-offices
• Highly competitive compensation packages, including bonuses and the potential for shares
• Personal development with regular training and an annual learning stipend
• Opportunity to join a talented team of over 30 nationalities working in 14 countries
• Autonomy, mentoring, and challenging goals

About the Company

Foodics is a leading restaurant management ecosystem and payment tech provider, founded in 2014 with headquarters in Riyadh and offices across 5 countries, including UAE, Egypt, Jordan, and Kuwait. It serves customers and partners in over 35 different countries worldwide, having processed over 6 billion orders. Foodics has achieved three rounds of funding, with the latest raising $170 million in the largest SaaS funding round in MENA.