Compliance Officer

Compliance Officer

Department: Regulatory Compliance

Employment Type: Full Time

Location: KSA

Description

Key Responsibilities

• Support the implementation and ongoing management of the organization's compliance framework in line with SAMA regulations and applicable regulatory requirements.
  
• Monitor SAMA circulars, regulatory updates, guidance, and relevant industry developments and assess their impact on the organization's activities.
  
• Conduct regulatory research and analysis and translate applicable requirements into practical compliance actions and internal requirements.
  
• Support the development, review, and maintenance of compliance policies, procedures, standards, and controls.
  
• Perform compliance monitoring and testing activities to assess adherence to regulatory requirements, policies, procedures, and established controls.
  
• Conduct compliance risk assessments and identify potential regulatory risks, control gaps, and areas requiring remediation.
  
• Maintain regulatory obligations trackers and monitor the implementation and completion of SAMA regulatory requirements across relevant business functions.
  
• Provide day-to-day compliance advisory support to business teams on SAMA regulatory requirements, policies, processes, and operational activities.
  
• Review products, services, processes, partnerships, and business initiatives to identify applicable compliance requirements and potential regulatory risks.
  
• Support the preparation, review, and submission of regulatory reports and other required regulatory communications.
  
• Conduct compliance reviews and assessments relating to potential regulatory breaches, policy violations, and control weaknesses.
  
• Document compliance findings, recommendations, and remediation actions and monitor progress against agreed timelines.
  
• Support investigations into potential compliance breaches and regulatory issues, escalating material or complex matters to the Compliance Manager.
  
• Support regulatory examinations, internal audits, and independent compliance reviews by preparing documentation, coordinating responses, and tracking remediation activities.
  
• Maintain accurate and up-to-date compliance registers, records, trackers, and supporting documentation.
  
• Prepare compliance reports, monitoring results, regulatory updates, risk assessments, and other materials for management review.
  
• Support the development and delivery of compliance training and awareness activities.
  
• Work closely with Risk, Legal, Internal Audit, Operations, Information Security, and business teams to strengthen compliance controls and address regulatory requirements.
  
• Identify opportunities to improve compliance processes, controls, monitoring activities, and reporting.
  
• Escalate material compliance risks, breaches, control deficiencies, and regulatory concerns to the Compliance Lead in a timely manner.
  

Skills, Knowledge and Expertise

• Bachelor's degree in Law, Finance, Business Administration, Accounting, Risk Management, Compliance, or a related discipline.
• At least 3 years of experience in Compliance, Regulatory Compliance, Risk Management, Governance, Audit, or a related function, preferably within banking, financial services, fintech, or another regulated environment.
• Good working knowledge of SAMA regulatory requirements and applicable Saudi financial services regulations.
• Good understanding of compliance frameworks, SAMA regulatory obligations, compliance monitoring and testing, risk assessments, and internal controls.
• Experience conducting compliance monitoring, regulatory research, compliance reviews, risk assessments, or related compliance activities.
• Experience developing, reviewing, and maintaining compliance policies, procedures, and controls.
• Ability to interpret SAMA regulatory requirements and translate them into practical business requirements and compliance actions.
• Experience supporting regulatory examinations, internal audits, compliance reviews, investigations, and remediation activities.
• Strong analytical and problem-solving skills, with the ability to identify regulatory risks and recommend appropriate actions.
• Strong communication and stakeholder management skills, with the ability to work effectively with business and control functions.
• Strong attention to detail and ability to maintain accurate compliance documentation and records.
• Ability to manage multiple priorities and work independently on assigned compliance activities in a fast-paced regulated environment.
• High level of integrity, professionalism, confidentiality, and sound regulatory judgment.
• Compliance certification such as CAMS, CCO, or an equivalent certification is preferred.
• Additional certifications in risk management, governance, financial crime, or regulatory compliance are considered an advantage.

Benefits

• We have an inclusive company culture, embracing diversity, integrity and transparency. We strive for work-life balance and cherish the moments you spend with your loved ones, off-work. In the same spirit as for our product, we are caring and nurturing for our employees.
• Our people are granted 100% trust and freedom to apply their own vision and come up with their ideas from day 1 at Tabby. You are the one who takes responsibility for your area of work. We encourage everyone to think and make decisions like Tabby was their own business, well because it is. Our employee stock options programme is available for everyone. 
• You will have an opportunity to learn and grow in one of the fastest growing fintech companies in the region
• We offer you relocation support as well as we guide you through all the process.
• We’ll set you up with the devices required for your work.