Overview
ABC Monitoring and Assessment Manager Jobs in Riyadh, Saudi Arabia at The Saudi National Bank – SNB
Title: ABC Monitoring and Assessment Manager
Company: The Saudi National Bank – SNB
Location: Riyadh, Saudi Arabia
Detect and report any ABC and Whistleblowing Non-Compliance risks through the implementation of a bank-wide monitoring program, site-visits and mitigate identified risks.
Job Responsibilities:
- Assist in the development and the implementation of the division’s policies, systems, processes and controls ensuring that all relevant requirements are fulfilled.
- Adhere to Bank’s Compliance policy, guidelines & all SAMA’s regulations relating to ABC and Whistleblowing.
- Adhere to all regulatory and control requirements, including but not limited to, Bank’s AML/CTF policy, guidelines and all SAMA’s regulations relating to account opening, KYC and Customer Due Diligence and fraud detection & prevention.
- Adhere to the Bank’s Cyber Security policies, and all SAMA regulations. Ensure to support SNB to comply with internal, national, and international Cyber Security controls and regulations.
- Assist and oversee the development of the ABC Monitoring and Assessment Monitoring Program
- Manage and monitor the implementation of the Monitoring Program to identify any potential weaknesses that may expose the Bank.
- Manage the detection, mitigation and reporting of the ABC and Whistleblowing Non-Compliance risks.
- Issue recommendations to the ABC and Whistleblowing functions to enhance the reporting process.
- Identify, monitor and recommend controls to mitigate the identified risks.
- Monitor the implementation of the Corrective Action Plans and handle all of the Regulatory Inspections.
- Manage and oversee the Corrective Action agreed with the Business Areas and its progress.
- Handle the assessment of different areas within the Bank to ensure they are in full compliance to the relevant rules and regulations.
- Recommend enhancements for the existing processes related to ABC and Whistleblowing.
- Ensure that all controls are in place to protect the identity of the Whistleblowers in-line with the regulations and internal policies.
- Conduct comprehensive assessment and evaluation for vendors under contract with the bank, ensuring fraud related vulnerabilities remain mitigated.
Job Requirements:
- Saudi
- Bachelor's degree in relevant field and to be a full member of the Association of Certified Fraud Examiners (ACFE).
- Certified Compliance Officer [CCO] is preferred.
- 3-5 years’ experience in Compliance or Anti-Bribery, Corruption and Whistleblowing (mostly within the banking or related industry).
Job Location:
Riyadh
