Anti Money laundering Officer Foodics

Key Responsibilities:

CDD & Onboarding

• 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.
  EDD & High-Risk Reviews
• Conduct Enhanced Due Diligence on high-risk merchants.
• Review unusual patterns in merchant profiles, including transaction volatility, abnormal MCC behavior, and cash-like activities.
  Monitoring & Investigations
• Approve high-risk clients (e.g., cash-intensive merchants, unusual MCCs, high-volume cross-border activities)

Regulatory Engagement

• Act as the primary point of contact with SAMA and FIU regarding AML matters.
• Coordinate regulatory inspections, information requests, and remediation action plans.
  Training & Awareness
• 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.
  Regulatory Reporting
• Maintain AML logs, investigation records, and supporting evidence.
• Ensure timely documentation in the case management system.
  Training & Awareness
• Support the delivery of AML training to new joiners and operational teams.