Legal Compliance Specialist

Kafaa Capital - كفاءة المالية; Riyadh; On-site; SAR 250,000 - 450,000; Full time

Job summary

Kafaa Capital, CMA-licensed investment platform in Saudi Arabia, is seeking a Legal & Compliance Specialist to ensure operations and investment solutions comply with Saudi regulatory frameworks.

You will advise internal teams, draft and review agreements, monitor regulations, support CMA interactions, and lead training on compliance.

Qualifications

• Bachelor's degree in Law and 5+ years in legal/compliance.
• CME 1 and CME 2 certifications from CMA are mandatory.
• Strong knowledge of Saudi regulations (Companies Law, Finance Companies Control Law, CMA Law & Regulations).

Responsibilities

• Provide legal guidance to internal departments on financial and investment matters.
• Draft, review, and revise contracts, financing agreements, guarantees, pledges, debt instruments, and commercial agreements.
• Assess legal risks associated with financial transactions, investment projects, and new products with Finance and Product teams.
• Review offering documents, investment agency agreements, and terms and conditions from a legal compliance perspective.
• Support CMA engagement including regulatory submissions and inquiries.
• Monitor updates to regulations such as the Capital Market Law and AML/CTF laws.
• Assist in implementing and maintaining compliance policies and internal controls.
• Support litigation-related matters with authorities and liaise with the Shariah Committee.
• Conduct or assist in compliance audits, risk assessments, and investigations.
• Deliver compliance training programs and workshops to enhance awareness.

Skills

Legal drafting

Regulatory compliance

Arabic & English

Education

Bachelor's in Law

Job description

Kafaa Capital is a CMA-licensed investment platform in Saudi Arabia, specializing in Shariah-compliant sukuk-based investment and financing solutions. Headquartered in Riyadh, we are developing next-generation digital investment infrastructure with a strong focus on transparency, compliance, and innovation. We are looking for a Legal & Compliance Specialist to ensure our business operations and investment solutions strictly adhere to Saudi regulatory frameworks and legal standards.

Key Responsibilities:

• Provide legal guidance to internal departments, especially in financial and investment matters.
• Draft, review, and revise a variety of legal documents, including contracts, financing agreements, guarantees, pledges, debt instruments, and commercial agreements.
• Assist in assessing legal risks associated with financial transactions, investment projects, and new products in collaboration with the Finance and Product teams.
• Review offering documents, investment agency agreements, and terms and conditions from a legal compliance perspective.
• Support the company's engagement with the Capital Market Authority (CMA) by assisting in preparing reports, responding to inquiries, and ensuring timely regulatory submissions.
• Monitor updates to regulations such as the Capital Market Law, AML/CTF laws, Companies Law, Civil Transactions Law, and fintech-related compliance guidelines.
• Assist in implementing and maintaining compliance policies, procedures, internal controls, and Special Purpose Entities (SPEs).
• Support litigation-related matters before relevant authorities like the Committee for Resolution of Securities Disputes and Commercial Courts, and facilitate communication with the Shariah Committee.
• Conduct or assist in compliance audits, risk assessments, and investigations of compliance breaches to propose corrective action plans.
• Support the delivery of compliance training programs and workshops to enhance employee awareness and adherence to regulatory obligations.

Qualifications & Requirements:

• CME 1 and CME 2 Certifications (Issued by the Capital Market Authority) - Mandatory.
• Bachelor's degree in Law.
• Minimum 5+ years of practical experience in the legal and compliance field.
• Strong knowledge of relevant Saudi regulations, especially Companies Law, Finance Companies Control Law, and Capital Market Authority Law & Regulations. Upper-intermediate level of proficiency in both Arabic and English.

Preferred Qualifications:

• Master's degree in Law or a related field.
• Direct experience in the Investment, Financing, or Fintech sector.
• Proven experience guiding compliance programs through external audits or CMA regulatory inspections.
• Demonstrated capability in drafting complex financial contracts and regulatory submissions.High attention to detail, analytical skills, and strong legal drafting proficiency.
• Exceptional communication skills, capable of liaising effectively with regulatory bodies, external legal counsel, and internal executives.
• High integrity, accountability, and pragmatic decision-making in regulatory risk management.