Compliance Officer

Responsibilities

• Assist in managing compliance obligations across AML, KYC, consumer protection, and Fair Credit Terms aligned to SAMA frameworks
• Support the preparation of regulatory submissions, examination responses, and licensing documentation
• Monitor regulatory updates from SAMA and assist in translating changes into internal policy adjustments
• Maintain and update compliance policies, procedures, and control documentation
• Contribute to the company’s AML/CFT programme, including transaction monitoring and suspicious activity reporting
• Ensure lending products, marketing materials, and customer communications meet regulatory standards
• Support complaint management and resolution processes in line with SAMA standards
• Deliver compliance training and awareness sessions for internal teams

Requirements

• 3–5 years of experience in compliance, regulatory affairs, or a related role within financial services, fintech, or banking
• Foundational understanding of SAMA’s regulatory framework, including AML/KYC and consumer lending
• Saudi national
• Full professional fluency in both Arabic and English

Preferred Qualifications

• Experience in a fintech, BNPL, digital lending, or auto-financing environment
• Exposure to SAMA Sandbox compliance or licensing processes
• Familiarity with Open Banking or data-sharing compliance in KSA
• Professional certifications such as CAMS or ICA

About the Company

Soum is on a mission to revolutionise e-commerce in the MENA region by building the most convenient and trustworthy re-commerce marketplace. Since our launch in 2021, we have become one of the fastest-growing startups in the region and were named one of the Top 10 LinkedIn Startups in Saudi Arabia for 2024.