Compliance Officer (Saudi Nationals Only)

About Us

About the role

Regulatory Compliance & SAMA Support

• 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 milestone documentation.
• Monitor regulatory updates from SAMA and assist in translating changes into internal policy adjustments.
• Help ensure credit products, marketing materials, and customer communications meet regulatory standards prior to launch.

Policy & Framework Operations

• Maintain and update compliance policies, procedures, and control documentation under the guidance of the CCO.
• Support the compliance risk register, control matrices, and exception tracking workflows.
• Contribute to the company’s AML/CFT programme, including transaction monitoring, suspicious activity reporting, and sanctions screening processes.

Consumer Protection & Fair Lending

• Assist in ensuring all lending products adhere to SAMA’s consumer protection and Fair Credit Terms requirements.
• Support the complaint management and resolution process in line with SAMA standards.
• Review customer-facing disclosures, contracts, and fee structures for regulatory accuracy.

Operational Compliance Support

• Embed compliance controls into day-to-day operations and product workflows with guidance from the CCO.
• Deliver compliance training and awareness sessions for internal teams.
• Provide first-level compliance advisory support to business lines on new products, campaigns, and partnerships.
• Assist the CISO on data protection obligations under Saudi data governance regulations.

Required

• 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, consumer lending, and data governance requirements.
• Saudi national — required.
• Full professional fluency in both Arabic and English is mandatory for this role.
• Strong attention to detail, organisational skills, and a proactive work ethic.

Preferred

• 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: CAMS, ICA, or equivalent (in progress or completed).

Culture & What We’re Looking For

• At Soum, we build on trust, move fast, and hold ourselves to a high standard.
• The right Compliance Officer isn’t just technically sound — they bring the right mindset.
• We are looking for someone who:
• Takes ownership and follows through without being chased.
• Is genuinely curious about regulation and wants to understand the ‘why’ behind every rule.
• Communicates clearly and confidently across teams and seniority levels.
• Thrives in a fast-paced, startup environment where priorities can shift quickly.
• Has a collaborative spirit and contributes positively to the team culture.
• Is committed to doing things the right way — not just the easy way.