Compliance Lead

Summary

Join Foodics, a leading restaurant management and payment tech provider, as a Compliance & Governance Officer. You will play a crucial role in ensuring our business operations adhere to KSA and SAMA regulations. Responsibilities include implementing compliance programs, conducting risk assessments, advising management, and reviewing company policies. This role requires 3+ years of relevant experience, a bachelor's degree in a related field, and strong knowledge of SAMA's regulatory framework. A CCO certification and fintech/SaaS experience are preferred. Foodics offers a competitive compensation package, including bonuses, potential shares, and opportunities for personal development, along with flexible work arrangements and a unique devaluation protection mechanism.

Requirements

• 3+ years of experience in a relevant role
• Bachelors degree in business, finance, economics or other related Field
• Up to date knowledge in SAMA regulatory framework, and good knowledge of KSA regulatory compliance in financial and payment services
• Comfortable with both English and Arabic languages
• Strong commands over MS Office applications
• Flexible to work in a fast paced and evolving environment

Responsibilities

• Assist in implementing the company’s compliance program and the rollout of compliance policies and procedures
• Provide support in identifying the compliance risks impacting the company and assess their potential consequences
• Ensure that the company is meeting its regulatory and compliance requirements and that policies and procedures are in place to comply with applicable laws and SAMA’s regulations
• Scope of KYC, client relation procedures, client complaints, code of conduct and ethics, incidents and complaints reporting, legislation related to payment institutions and all other local legislations
• Check all documents submitted to SAMA with regards to any new product formation related to the payments business
• Follow-up on SAMA’s inspection reports and prepare the action plan in coordination with other departments

Preferred Qualifications

• Masters proffered
• CCO Certified compliance officer
• Experience in fintech/ SaaS industry

Benefits

• Highly competitive compensation packages, including bonuses and the potential for shares
• Out of Country Work: We offer the option to work outside of your country of employment for up to 30 days annually
• We prioritize personal development and offer regular training and an annual learning stipend to tackle new challenges and grow your career in a hyper-growth environment
• Inclusive and diverse culture that encourages innovation and flexibility in remote, in-office, and hybrid work setups
• Devaluation Protection Mechanism: Aiming to maintain fair compensation for all, Foodics has a one of a kind Devaluation Protection Mechanism for colleagues in Egypt, where we study devaluation on quarterly basis, and upgrade the cost of living allowance value, hence, constantly maintain value for money despite currency value fluctuation!