Kuwait Compliance Lead: Build CBK Framework & AML

Tabby | تابي; Kuwait; On-site; KWD 90,000 - 140,000; Full time

Job summary

Tabby is expanding its Kuwait team as a founding member of the Compliance function. You will be the principal contact with the Central Bank of Kuwait (CBK) and shape the regulatory framework for a growing fintech platform in the region.

Lead the CBK registration/licensing programme, design policies and monitoring plans, and act as MLRO for AML/CFT, including STR filing, CDD, sanctions screening and transaction monitoring.

Qualifications

• 5+ years in compliance, AML/CFT or regulatory advisory within a CBK-regulated business
• Direct experience dealing with the CBK, including inspections and regulatory submissions
• Knowledge of the CBK e-payment regime and Kuwait's AML/CFT framework
• Track record of building compliance frameworks, not just administering them
• Professional Arabic and English, including drafting regulatory correspondence in Arabic

Responsibilities

• Own the CBK relationship - correspondence, inspections, information requests and supervisory dialogue
• Lead the compliance workstream of our CBK registration and licensing programme
• Build the Kuwait compliance framework from scratch: policies, controls, monitoring plan and risk assessments
• Act as MLRO - own the AML/CFT programme, including STR filing, CDD, sanctions screening and transaction monitoring
• Maintain the BNPL consumer protection framework covering dispute resolution, fee transparency and complaint handling
• Track regulatory change, assess business impact and drive implementation with the relevant owners
• Prepare compliance reporting for CBK and papers for the audit and risk committees
• Conduct regular compliance assessments and audits, proactively identifying potential areas of non-compliance and recommending corrective actions to mitigate risks and ensure adherence to regulatory standards
• Provide strategic guidance and support to various departments within the organization on compliance-related matters, including regulatory changes and updates
• Design and roll out efficient and effective compliance processes, leveraging technology and innovative solutions to streamline compliance workflows and enhance operational efficiency
• Collaborate with internal stakeholders, including senior management, to integrate compliance considerations into all aspects of business operations, including product development, marketing, and customer service

Skills

Regulatory affairs

AML/CFT

Stakeholder management

Arabic and English

Education

Bachelor's degree in Finance/Law

Tools

AML software

Job description

Tabby is expanding its Kuwait team as a founding member of the Compliance function. You will be the principal contact with the Central Bank of Kuwait (CBK) and shape the regulatory framework for a growing fintech platform in the region.

Lead the CBK registration/licensing programme, design policies and monitoring plans, and act as MLRO for AML/CFT, including STR filing, CDD, sanctions screening and transaction monitoring.