Compliance Specialist

Foodics; Saudi Arabia; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading fintech company in Saudi Arabia is seeking a Regulatory Compliance specialist to ensure adherence to SAMA regulations. You will play a key role in monitoring compliance, drafting policies, and conducting training. The ideal candidate holds a Bachelor’s degree and has 1-3 years of experience in compliance within the fintech industry. This role offers competitive compensation and opportunities for personal development.

Benefits

Highly competitive compensation packages

Regular training and annual learning stipend

Opportunity to work with a diverse team

Qualifications

• 1–3 years in Compliance within fintech/payments preferred.

Responsibilities

• Monitor compliance with SAMA rules and regulations.
• Draft, update, and maintain compliance-related policies.
• Conduct compliance monitoring tests and report weaknesses.
• Assist in preparing regulatory submissions and maintain records.

Skills

Knowledge of SAMA regulations

Documentation skills

Communication skills

Education

Bachelor’s degree in Business, Law, Finance, or related field

Job description

Who Are We?

We Are Foodics! a leading restaurant management ecosystem and payment tech provider. Founded in 2014 with headquarters in Riyadh and offices across 5 countries, including UAE, Egypt, Jordan and Kuwait. We are currently serving customers and partners in over 35 different countries worldwide. Our innovative products have successfully processed over 6 billion (yes, billion with a B) orders so far, making Foodics one of the most rapidly evolving SaaS companies to ever emerge from the MENA region. Also Foodics has achieved three rounds of funding, with the latest raising $170 million in the largest SaaS funding round in MENA, boosting its innovation capabilities to better serve business owners.

The Job in a Nutshell

Ensure company‑wide adherence to SAMA regulatory requirements by supporting compliance monitoring, policy implementation, regulatory reporting, and internal awareness.

Key Responsibilities

• Regulatory Compliance: Monitor compliance with SAMA rules, circulars, AML/CTF Rulebook, Payment Service Provider regulations, and Consumer Protection Principles.
• Support regulatory gap assessments and annual compliance plan execution.
• Policy & Procedure Management: Draft, update, and maintain compliance‑related policies and processes.
• Ensure alignment with CP Principles, and Acquirer regulatory frameworks.
• Monitoring & Testing: Conduct compliance monitoring tests across onboarding, customer disputes, settlements, merchant operations, chargebacks, and complaints handling.
• Identify control weaknesses and report findings to Compliance Manager.
• Regulatory Reporting: Assist in preparing regulatory submissions (e.g., SAMA dashboards, compliance returns, queries), maintain records of regulatory correspondence and inspection readiness documentation.
• Provide compliance training sessions to departments (KYC, merchant onboarding, customer care, sales).
• Work with Legal, AML, Anti‑Fraud, Ops, Product, and Risk on compliance matters and remediation plans.

What Are We Looking For

• Bachelor’s degree in Business, Law, Finance, or related field.
• 1–3 years in Compliance within fintech/payments preferred.
• Knowledge of SAMA regulations, CP Principles, and acquirer ecosystem.
• Strong documentation and communication skills.

What We Offer You

• Highly competitive compensation packages, including bonuses and the potential for shares.
• Personal development and regular training, plus an annual learning stipend to tackle new challenges and grow your career in a hyper‑growth environment.
• Opportunity to work within a talented team of over 30 nationalities across 14 countries, gaining valuable experience in an exciting industry.
• Autonomy, mentoring, and challenging goals that create incredible opportunities for both you and the company.