About this role
About Us
Tamara is the leading fintech platform in Saudi Arabia and the wider GCC region with a mission to help people make their dreams come true by building the most customer-centric financial super-app on earth. The company serves millions of users in the region and partners with leading global and regional brands such as SHEIN, Jarir, noon, IKEA and Amazon, as well as small and medium businesses.
Tamara is Saudi Arabia’s first fintech unicorn and is backed by Sanabil Investments, a wholly owned company by the Public Investment Fund (PIF), SNB Capital, Checkout.com, amongst others. The company operates from its headquarters in Riyadh, with additional regional and global support offices.
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 contr