Company Overview

ExeQut is a leader in consulting, delivering customized solutions for enterprise applications and digital platforms. We emphasize transparency, collaboration, and addressing core business challenges through a structured, agile development process. Partnering with clients from ideation to deployment, we ensure our solutions deliver long-term value and streamline the user experience.

Job Description

We are looking for a Junior AML & Fraud Compliance Specialist to support compliance activities related to Anti-Money Laundering (AML) and Fraud, with a strong focus on SAMA requirements and regulations. The ideal candidate should have a good understanding of AML and Fraud compliance requirements and be capable of supporting day-to-day activities independently under the guidance of senior compliance professionals.

Key Responsibilities

Support the implementation and monitoring of SAMA AML and Fraud requirements.
Assist in reviewing and assessing AML and Fraud controls, policies, and procedures.
Support AML transaction monitoring and investigation activities.
Assist with identifying and analyzing potentially suspicious transactions and activities.
Support Fraud monitoring, detection, and investigation processes.
Assist in reviewing alerts and escalating suspicious or high-risk cases.
Support the preparation of AML/Fraud reports, dashboards, and management reports.
Assist with KYC/CDD and enhanced due diligence (EDD) activities where required.
Support compliance reviews and assessments against applicable SAMA requirements.
Maintain proper documentation and evidence for compliance activities and audits.
Assist in identifying compliance gaps and tracking remediation actions.
Coordinate with internal stakeholders to ensure timely completion of AML and Fraud-related activities.
Stay updated on relevant SAMA regulations, AML requirements, and Fraud risk management practices.

Required Skills

Bachelor's degree in finance, Accounting, Business Administration, Law, Compliance, Risk Management, or a related field.
1–2 years of experience in AML, Fraud, Compliance, Risk, or a related function.
Basic to good understanding of SAMA AML and Fraud regulations and requirements.
Experience in AML transaction monitoring, alert review, KYC/CDD, or fraud investigation is preferred.
Ability to analyze transactions, customer information, and risk indicators.
Good understanding of compliance policies, procedures, and controls.
Strong analytical and problem-solving skills.
Good communication and report-writing skills.
Ability to work independently and manage assigned tasks within deadlines.
Good proficiency in English; Arabic is preferred.

Preferred Qualifications

CAMS – Certified Anti-Money Laundering Specialist
CFE – Certified Fraud Examiner
ICA AML / Compliance certifications
Relevant SAMA AML/Fraud training or certifications

Certifications

Candidates holding any of the above certifications will be considered an advantage.
Additional AML, Fraud, or compliance-related certifications are also a plus.

Nice-to-Have

Experience with transaction monitoring systems or fraud detection tools.
Familiarity with regulatory reporting and dashboard preparation.
Exposure to risk assessment frameworks within a banking or financial services context.

Additional Information

Role Type: Full-Time
Location: Remote

Join ExeQut and be part of a dynamic team ensuring data integrity and accessibility for business success!