Compliance Senior Associate

Job description

Your role: Support the Compliance Department to ensure full adherence to SAMA regulations applicable to payment services, including activities under the Electronic Money Institution (EMI) license and other Payment Service Provider (PSP) categories. Responsibilities: Ensure compliance with all applicable SAMA regulations; review and approve new products for alignment with SAMA requirements; monitor internal processes and product structures for regulatory adherence; track, interpret, and implement changes from SAMA circulars and updates; review and maintain internal policies and procedures for consistency with current SAMA regulations; receive and disseminate all SAMA circulars and publications and follow up for timely implementation; prepare and submit accurate regulatory reports to SAMA within required timelines; review management reports submitted to SAMA for accuracy; coordinate with internal teams to collect and validate data required by SAMA; support regulatory inspections, audits, and remediation actions; provide advisory support to internal stakeholders on payment-related compliance matters.

Requirements

• Solid understanding of SAMA’s regulatory framework for payment services
• Bachelor’s degree in Law, Business, Finance, or a related field
• 3-5 years of experience in a compliance role at a SAMA‑regulated entity in the payments sector
• experience in regulatory reporting and policy review
• fluent in English and Arabic (spoken and written)
• strong communication, coordination, and analytical skills
• detail‑oriented and able to manage multiple priorities effectively

Skills