Compliance Associate - Builders Program

Tamara; Riyadh; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading FinTech firm in Riyadh is seeking a Compliance Associate to develop and implement an annual compliance plan. The ideal candidate will possess a deep understanding of AML/CFT regulations and work collaboratively with various teams. This role requires strong communication skills and a bachelor's degree in Law or Business Administration. Join a dynamic environment and contribute to regulatory compliance while growing your career.

Qualifications

• 0-2 years of fintech and payments related experience preferred.
• Fluency in Arabic and English required.

Responsibilities

• Draft and execute the annual compliance plan.
• Review compliance and AML policies annually.
• Examine policies for regulatory compliance.
• Identify compliance risks associated with business activities.
• Review products for adherence to statutory requirements.
• Monitor compliance through testing and inspections.
• Prepare reports on findings and breaches.
• Verify merchants KYC before onboarding.
• Ensure consumer KYCs are obtained.
• Assign appropriate MCC code from AML perspective.
• Monitor transactions for AML/fraud scenarios.
• Review marketing materials for compliance.

Skills

Knowledge of AML/CFT regulations

Outstanding communication skills

Leadership skills

Analytical and data-driven problem-solving

Education

Bachelor Degree in Law or Business Administration

Job description

Why Tamara?

We’re proud to be Saudi’s first FinTech unicorn. Our mission is to help people own their dreams by building the most customer‑centric financial super app in the world. & There is no playbook for that; our Tamarians are writing it. Our teams are made up of innovators, problem‑solvers, and learners we thrive on curiosity and collaboration. If this sounds like you: curious, driven, and ready to build, we’d love to meet you. Apply now and join the next generation of Builders!

About the program

At Tamara, we believe greatness and exceptional talent can come from any level. That’s why we created our Flagship Builders Program, a gateway for brilliant minds ready to kick‑start their careers. Whether you're a recent graduate, early in your career with up to two years of experience, or looking for an internship or co‑op opportunity, this program lets you dive into real, meaningful work across Product, Engineering, Design, and more. Our January and June 2026 cohorts are your chance to learn, grow, and build alongside some of the most ambitious people in the region.

About the role

As a compliance associate you will be crucial in collaborating on building and implementing the comprehensive annual compliance plan for the department.

Drawing on your proficiency in scrutinizing company policies and procedures for compliance with regulations and establishing clear governance frameworks, you will be responsible for continuously assessing and approving products against legal requirements, safeguarding company and customer interests to create unique experiences only Tamara can provide.

With a proven track record of possessing deep regulatory expertise, particularly AML/CFTl, leveraging data analysis to solve problems, ensuring customer satisfaction and optimal outcomes, and ultimately revolutionizing the way millions of users shop, pay, and bank.

You are a driven, determined, curious team player, knowing that collective strength means we all win. With a positive outlook, you are solution‑oriented–persevering regardless of circumstances, always finding a way through, no matter the challenges.

You will effectively find a way to work with everyone through empathy and respect. You will be driven and comfortable with responding quickly with urgency, with the ability to change course without losing momentum and energy, resulting in great success.

Your responsibilities

• Help in drafting and executing the annual compliance plan (“annual plan”) that covers all the department’s activities.
• Review annually compliance and AML policies and procedures to ensure they are in compliance with latest regulatory updates.
• Examine and ensure that all written policies and procedures implemented in the Company are compliant with regulations, have governance, and reviewed/update plan as part of the annual plan.
• Identify, document and assess the compliance risks (systematic, reputation, strategy risks or others) associated with the business activities as part of the annual plan.
• Reviewing and approving all existing and new products to ensure adherence to statutory requirements on an ongoing basis.
• Monitoring and inspecting of Company divisions /units through Compliance testing to ensure compliance with regulations and requirements as part of the annual plan.
• Prepare a report of the findings/observations, and escape in case of breaches.
• Set an action plan with the concerned department to resolve the breach and find a solution to prevent future violations.
• Verify merchants KYC as a second line of defense before granting an approval for onboarding and log all verified merchants for reporting purposes.
• Ensure that all consumer KYCs are obtained by conducting periodic sampling and reports of any shortcomings.
• Ensure that all merchants have been assigned the appropriate MCC code and risk level from an AML perspective (Jurisdiction, Products, channels, and Legal form of the company).
• Ensure that all transactions are monitored and all AML/fraud scenarios are in place and updated periodically.
• Review of marketing and promotional materials and share feedback with the Director of Compliance.

Your expertise

Experience

• Bachelor Degree in Law or Business Administration.
• 0-2 years of fintech and payments related to experience is highly preferred.

Skills

• An in-depth knowledge of the regulatory landscape, including AML/CFT regulations and the ability to detect common fraud schemes using investigative techniques is a plus.
• Outstanding communication, presentation and leadership skills.
• Fluency in speaking and writing in both Arabic and English.

Attributes

• Excellent organizational and time management skills.
• Customer oriented with strong negotiation skills.
• Analytical and data driven problem solver.