Fintech Compliance Director & MLRO

FOMO Pay; Manama; On-site; BHD 18,000 - 34,000; Full time

Benefits offered by this job

Competitive compensation

Group hospitalisation and medical

Learning and growth opportunities

Career advancement

Professional development workshops

Team building sessions

Job summary

FOMO Pay invites a highly capable Compliance Lead to safeguard the company’s regulatory license as a CBB-mandated function. You will head AML/CFT initiatives, liaise with the CBB and FID, and guide governance, policy, and data protection efforts across the business.

With 3–5 years in fintech compliance or related fields, you will drive risk management, partner coordination, and regulatory reporting while collaborating with product and technology teams on API integrations in Bahrain.

Qualifications

• Bachelor’s degree in Business, Finance, Economics, or related field.
• 3–5 years in partnerships, business development, or key account management within fintech, financial services, Web3, digital assets, or the wider payments industry.
• Deep understanding of the global fintech and digital payments ecosystem, including familiarity with banks, payment service providers, financial institutions, and digital asset service providers.
• Demonstrated success in independently managing complex commercial discussions, partner onboarding, and cross-functional project delivery.
• Highly comfortable coordinating with Product and Technology teams on API or system integrations from a strategic business perspective.
• Exceptional relationship-building skills, with a proven ability to influence and collaborate effectively with both external executives and internal teams.
• Strong analytical, problem-solving, and written/verbal communication skills, coupled with meticulous attention to detail.
• Proactive, commercially driven, and highly adaptable, with the ability to thrive and concurrently manage multiple workstreams in FOMO Pay's fast-paced, rapidly evolving environment.

Responsibilities

• Regulatory Oversight & Reporting: Ensure the firm’s daily operations, product launches, and tech infrastructure comply strictly with the CBB Rulebook (Volume 5 - Ancillary Service Providers), Group Policies and other relevant regulations.
• CBB & Audit Liaison: Serve as the primary point of contact for the CBB, managing all regulatory correspondence, reporting, and scheduled/ad-hoc inspections/audits.
• Data Privacy: Act as the internal champion for the Personal Data Protection Law (PDPL), ensuring all merchant and consumer data is handled, stored, and processed legally.
• Policy & Procedures: Draft, implement, and update the firm’s Compliance Manual, Code of Conduct, and internal governance frameworks, in accordance with with local regulations.
• Advisory: Advise the CEO, HR, and Sales teams on the regulatory implications of new business initiatives and partnerships in the GCC.
• AML/CFT Framework: Design and oversee the firm’s Anti-Money Laundering and Combating the Financing of Terrorism policies, ensuring they meet CBB, Group and FATF standards.
• Transaction Monitoring: Implement and manage automated transaction monitoring systems for high-volume digital payments and cross-border settlements.
• KYC & Onboarding: Oversee the digital onboarding and periodic review process (eKYC, CDD, and EDD) for new merchants and corporate clients.
• Suspicious Activity Reporting: Investigate internal alerts and independently file Suspicious Transaction Reports (STRs) to the FID and the CBB when necessary.
• Team Building: Train staff annually on AML/CFT awareness.

Skills

Regulatory compliance

Partnership management

Fintech knowledge

Stakeholder collaboration

Data privacy awareness

Education

Bachelor’s degree in Business/Finance/Economics

Job description

FOMO Pay invites a highly capable Compliance Lead to safeguard the company’s regulatory license as a CBB-mandated function. You will head AML/CFT initiatives, liaise with the CBB and FID, and guide governance, policy, and data protection efforts across the business.

With 3–5 years in fintech compliance or related fields, you will drive risk management, partner coordination, and regulatory reporting while collaborating with product and technology teams on API integrations in Bahrain.