Associate Director - Financial Crime Solutions

Job Description:

Job Title: Associate Director - Financial Crime Solutions (GCC Market Focus - Saudi Arabia)

Location: Riyadh, KSA

Job Type: Full-time

What we are looking for - KYC, transformation, KYC Financial crime transformation, Remediation expertise.

Job Summary:

We are seeking an accomplished and forward-thinking Associate Director to lead our Financial Crime Solutions practice with a specific focus on the GCC market, especially Saudi Arabia. The successful candidate will be instrumental in building and expanding our portfolio of financial crime services, developing innovative forensic solutions, and managing client relationships at a senior management level. This role requires a strategic thinker with extensive experience in financial crime, data analytics, automation, and a track record of successfully delivering projects.

Responsibilities:

1. Market Expansion:
• Develop and execute a comprehensive Go-to-Market strategy for financial crime solutions in the GCC market, concentrating on Saudi Arabia.
• Identify and pursue opportunities to build a portfolio of clients by establishing and nurturing relationships with key stakeholders in the financial services sector.
2. Client Acquisition:
• Proactively engage with potential clients to understand their financial crime challenges and position our firm as a trusted partner in AML/CFT, Sanctions, AB&C, ACL, Proliferation Financing solutions.
• Leverage existing relationships with local banks and financial services firms to expand our client base.
3. Solution Development:
• Lead the development of advanced financial crime solutions using data analytics, automation, Machine Learning, Natural Language Processing, Generative AI, and Predictive Language Models.
• Stay abreast of industry trends and emerging technologies to ensure our financial crime offerings remain cutting-edge.
4. Team Management and Mentoring:
• Manage and mentor a team of financial crime experts, providing guidance and support in developing innovative solutions.
• Foster a collaborative and innovative work environment to encourage the growth and skill development of team members.
5. Project Management:
• Oversee the successful execution of financial crime projects, ensuring high-quality deliverables and client satisfaction.
• Utilize strong project management and delivery skills to meet project timelines and objectives.
6. Client Relationship Management:
• Manage and cultivate relationships with senior management at client organizations. Act as a trusted advisor in addressing their financial crime challenges.
7. Strategic Partnerships:
• Establish and nurture strategic partnerships with industry players, technology providers, and relevant organizations to enhance our financial crime capabilities.
8. Project Experience:
• Proven experience in financial crime gap assessment, sanctions and transaction monitoring model validation, financial crime risk assessment, function transformation, compliance remediation, KYC/CDD file remediation, L1/L2/L3 alert disposition management, client staff, and board financial crime trainings.
• Development of governance frameworks, policies, and processes related to financial crime.

Requirements:

• Bachelor's or Master's degree in Finance, Business, or a related field.
• ACAMS/equivalent certification
• Minimum 7 years of experience in financial crime and compliance and overall not less than 14 years’ professional industry experience
• Extensive experience in financial crime with a focus on AML/CFT, Sanctions, AB&C, ACL, and Proliferation Financing.
• Proven track record of delivering financial crime projects with strong project management skills.
• Expertise in using data analytics, automation, Machine Learning, Natural Language Processing, Generative AI, and Predictive Language Models to address financial crime challenges.
• Prefer someone with prior financial services advisory or consulting experience
• Prefer someone with a network and existing relationships with local banks and financial services firms in the GCC region.
• Exceptional communication, negotiation, and presentation skills.
• Strategic thinker with the ability to draft and implement effective Go-to-Market strategies.

Key Personal Attributes

• A good blend of creative thinking and rigorous analysis in solving business problems
• Must work well in a team-oriented environment as well as independently. Work with team members to set goals and responsibilities for specific engagements. Foster teamwork and innovation.
• Ability to work under pressure. Mature, proactive and displays initiative. Manages own and others time well.
• Possesses excellent analytical, interpersonal, communication and presentation skills. Good oral and written communication skills including documentation of findings and recommendations. Adept at preparing and presenting reports to an audience.
• Ability to travel as necessary to meet client needs. This may require travel and work more than standard hours when necessary. Second language skills and international business experience will be useful.
• Able to demonstrate the leadership skills

Location

Riyadh, Kingdom of Saudi Arabia