Director of Compliance

Confidential; Dhahran Compound; On-site; SAR 700,000 - 1,200,000; Full time

Job summary

Confidential in Saudi Arabia is seeking a seasoned Director of Compliance to lead the regulatory compliance function of a leading financial services organization, ensuring adherence to regulatory requirements, enhancing governance, and supporting IPO readiness and ongoing listing obligations.

You will develop a risk-based compliance framework, ensure SAMA and CMA compliance, oversee AML/CFT and regulatory risk management, manage regulatory relationships, and report independently to the Audit

Qualifications

• 10+ years in banking or regulated financial institutions.
• 7+ years in compliance and 5+ years in leadership.
• Strong knowledge of SAMA regulations and CMA requirements.
• Experience with IPO readiness and listed-company compliance desirable.
• Bachelor's degree; professional certifications (CCO/ICA) and AML/CFT certs required.

Responsibilities

• Develop and oversee a risk-based compliance framework with monitoring, testing, reporting and remediation.
• Ensure compliance with SAMA and CMA requirements and regulatory risk management.
• Oversee AML/CFT, customer protection and regulatory examinations.
• Manage regulatory relationships and corrective action plans.
• Lead IPO readiness, governance, disclosures, insider controls and post-listing compliance.
• Provide independent compliance reporting to Audit Committee and Board.
• Lead and develop the compliance team and promote a strong compliance culture.

Skills

Regulatory compliance

Leadership

Regulatory reporting

Stakeholder management

Audit & control

Education

Bachelor's degree in Law or Finance or related field

Job description

We are seeking a seasoned Director of Compliance to lead the regulatory compliance function of a leading financial services organization in Saudi Arabia, ensuring adherence to regulatory requirements, strengthening compliance governance, and supporting IPO readiness and ongoing listing obligations.

Key Responsibilities

• Develop and oversee a comprehensive risk-based compliance framework, including regulatory monitoring, testing, reporting, and remediation.
• Ensure compliance with Saudi Central Bank (SAMA) regulations and relevant Capital Market Authority (CMA) requirements.
• Oversee AML/CFT, financial crime prevention, customer protection, responsible financing, and regulatory risk management.
• Manage regulatory relationships, supervisory examinations, compliance investigations, and corrective action plans.
• Lead IPO readiness, corporate governance, regulatory disclosures, insider information controls, and post-listing compliance.
• Provide independent compliance reporting to the Audit Committee and Board of Directors.
• Lead and develop the compliance team while promoting a strong compliance culture.

Requirements

• 10+ years of experience in banking, finance companies, or regulated financial institutions, including 7+ years in compliance and 5+ years in leadership.
• Strong knowledge of SAMA regulations, CMA requirements, corporate governance, and regulatory compliance frameworks.
• Proven experience managing regulatory examinations, AML/CFT controls, and customer protection requirements.
• Experience in IPO readiness, listed-company compliance, or capital market regulations is highly desirable.
• Bachelor's degree in Law, Finance, Accounting, Business Administration, or a related field.
• Professional compliance certification (CCO, ICA, or equivalent) and AML/CFT certification (CAMS, ICA AML, or equivalent) required.
• Strong executive reporting, stakeholder management, and regulatory engagement capabilities.
• Eligibility to obtain SAMA no-objection for appointment.

#Hiring #DirectorOfCompliance #Compliance #RegulatoryCompliance #SAMA #CMA #AML #IPO #FinancialServices #SaudiArabia #ExecutiveSearch