Compliance Manager

We Are Foodics! a leading restaurant management ecosystem and payment tech provider. Founded in 2014 with headquarter in Riyadh and offices across 5 countries, including UAE, Egypt, Jordan and Kuwait. We are currently serving customers and partners in over 35 different countries worldwide. Our innovative products have successfully processed over 6 billion (yes, billion with a B) orders so far! making Foodics one of the most rapidly evolving SaaS companies to ever emerge from the MENA region. Also Foodics has achieved three rounds of funding, with the latest raising $170 million in the largest SaaS funding round in MENA, boosting its innovation capabilities to better serve business owners.

The Job in a Nutshell💡

We are looking for a motivated and experienced Compliance & Governance Manager who will help us guarantee that our business processes and transactions follow all relevant guidelines, complying with KSA and SAMA regulations and internal stands too. You will be accountable for a range of duties from conducting risk assessments to advising the management, providing a link between specialist departments and management team, regulating the flow of information between management and specialist areas, while respecting different responsibilities and confidentiality requirements. With your team, you will participate in developing compliance programs, reviewing company policies, and advising on possible risks.

What Will You Do❓

• Oversee the implementation of the company’s compliance program and lead the rollout of associated compliance policies and procedures.
• Lead efforts in identifying and assessing compliance risks to the organization, ensuring proper evaluation of their potential impacts.
• Ensure the organization consistently meets regulatory and compliance obligations, while ensuring policies and procedures are robust and aligned with applicable laws and SAMA regulations.
• Manage the scope of key compliance areas including KYC, client relations procedures, client complaints, code of conduct and ethics, incident and complaint reporting, as well as relevant legislation related to payment institutions and local laws.
• Review and approve all documentation submitted to SAMA for new product formations related to the payments business.
• Oversee follow-up actions on SAMA’s inspection reports, preparing comprehensive action plans in collaboration with relevant departments to ensure timely and effective resolution.

What Are We Looking For❓

• 5+ years of experience in a relevant role
• Bachelors degree in business, finance, economics or other related Field- Masters proffered
• CCO Certified compliance officer is a big plus
• Up to date knowledge in SAMA regulatory framework, and good knowledge of KSA regulatory compliance in financial and payment services
• Experience in fintech/ SaaS industry is a plus
• Comfortable with both English and Arabic languages
• Strong commands over MS Office applications
• Flexible to work in a fast paced and evolving environment

What We Offer You❗

We believe you will love working at Foodics!

• We offer highly competitive compensation packages, including bonuses and the potential for shares.
• We prioritize personal development and offer regular training and an annual learning stipend to tackle new challenges and grow your career in a hyper-growth environment.
• Join a talented team of over 30 nationalities working in 14 countries, and gain valuable experience in an exciting industry.
• We offer autonomy, mentoring, and challenging goals that create incredible opportunities for both you and the company.