Role Overview
The Senior Compliance Specialist will support the Compliance function in ensuring the organization operates in accordance with applicable regulatory requirements, internal policies, and industry standards. The role will contribute to regulatory reporting, Anti-Money Laundering (AML) controls, compliance monitoring, policy reviews, and regulatory requirements, while supporting the Compliance Manager in identifying and mitigating compliance risks. The ideal candidate should have strong attention to detail, sound regulatory knowledge, and the ability to work effectively across different functions.
Key Responsibilities
- Support the implementation and monitoring of the company’s compliance framework, policies, and procedures.
- Assist in ensuring compliance with applicable SAMA regulations and regulatory requirements.
- Prepare, review, and support the submission of regulatory reports and compliance-related documentation.
- Support the implementation and monitoring of AML and Counter-Terrorist Financing (CTF) controls and requirements.
- Conduct compliance reviews and monitoring activities to identify potential regulatory gaps or compliance risks.
- Assist in reviewing and updating compliance policies, procedures, and internal controls to ensure they remain aligned with regulatory requirements.
- Support compliance risk assessments and follow up on identified issues and remediation actions.
- Maintain accurate and up-to-date compliance records, reports, and documentation.
- Monitor regulatory updates and assist in assessing their impact on the company’s operations and policies.
- Coordinate with relevant departments to address compliance requirements, findings, and regulatory matters.
- Support internal and external audits, regulatory inspections, and requests for information.
- Assist in preparing compliance reports, presentations, and management updates for the Compliance Manager and senior management.
- Perform other compliance-related duties and projects as assigned by the Compliance Manager.
Qualifications & Experience
- Bachelor’s degree in Law, Business Administration, Risk Management, Compliance, Finance, or a related field.
- Minimum 2–3 years of relevant experience in compliance, regulatory affairs, risk, AML, or a related function.
- Good knowledge of SAMA regulations and regulatory requirements is preferred.
- Familiarity with AML/CTF frameworks, compliance controls, and regulatory reporting.
- Strong analytical, research, and problem-solving skills.
- Excellent attention to detail and ability to manage confidential information.
- Strong written and verbal communication skills.
- Ability to work independently and collaborate effectively with cross-functional teams.
- Strong organizational and time-management skills, with the ability to manage multiple priorities and deadlines.
- Proficiency in Microsoft Office, particularly Excel and PowerPoint.
- Experience in fintech, financial services, BNPL, banking, or a regulated environment is an advantage
