Compliance Specialist

Foodics

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Job Overview

Location

Riyadh, Riyadh Province, Saudi Arabia

Employment Type

Full-time

Work Arrangement

On-site

Sector

Information Technology & Software

Experience Level

Junior (1-3 years)

About the Company

Foodics is a leading restaurant management ecosystem and payment technology provider, founded in 2014 with its headquarters in Riyadh. With offices across five countries including the UAE, Egypt, Jordan, and Kuwait, Foodics serves customers and partners in over 35 countries worldwide. Their innovative products have processed over 6 billion orders, establishing Foodics as one of the fastest-evolving SaaS companies in the MENA region. The company recently secured $170 million in its latest funding round, the largest SaaS funding round in MENA, to further boost its innovation capabilities and better serve business owners.

Job Description

Foodics, a leading restaurant management ecosystem and payment tech provider, is seeking a Compliance Specialist to join their team in Riyadh. This role is crucial for ensuring company-wide adherence to SAMA regulatory requirements.

Key responsibilities include monitoring compliance with SAMA rules, circulars, and the AML/CTF Rulebook. You will support regulatory gap assessments, draft and maintain compliance policies, and conduct monitoring tests across various operational areas. The role also involves assisting in preparing regulatory submissions and maintaining inspection readiness documentation.

The ideal candidate will have a Bachelor’s degree in Business, Law, Finance, or a related field, with 1-3 years of compliance experience, preferably in fintech or payments. A strong knowledge of SAMA regulations and excellent communication skills are essential.

To apply for this role, click the Apply button on this page and follow the instructions.

Required Skills

SAMA RegulationsPayment Service Provider RegulationsConsumer Protection PrinciplesAML/CTFRegulatory ReportingPolicy ImplementationCompliance MonitoringRisk ManagementDocumentationCommunication SkillsFintech ComplianceKYCMerchant Onboarding

Key Responsibilities

  • Monitor compliance with SAMA rules, circulars, AML/CTF Rulebook, Payment Service Provider regulations, and Consumer Protection Principles.
  • Support regulatory gap assessments and annual compliance plan execution.
  • Draft, update, and maintain compliance-related policies and processes.
  • Ensure alignment with CP Principles, and Acquirer regulatory frameworks.
  • Conduct compliance monitoring tests across onboarding, customer disputes, settlements, merchant operations, chargebacks, and complaints handling.
  • Identify control weaknesses and report findings to Compliance Manager.
  • Assist in preparing regulatory submissions (e.g., SAMA dashboards, compliance returns, queries).
  • Maintain records of regulatory correspondence and inspection readiness documentation.
  • Provide compliance training sessions to departments (KYC, merchant onboarding, customer care, sales).
  • Work with Legal, AML, Anti-Fraud, Ops, Product, and Risk on compliance matters and remediation plans.

Qualifications

  • Bachelor’s degree in Business, Law, Finance, or related field.
  • 1–3 years in Compliance within fintech/payments preferred.
  • Knowledge of SAMA regulations, CP Principles, and acquirer ecosystem.
  • Strong documentation and communication skills.

Benefits & Perks

  • Highly competitive compensation packages, including bonuses and potential for shares.
  • Inclusive and diverse culture that encourages innovation and flexibility.
  • Personal development opportunities with regular training and an annual learning stipend.
  • Valuable experience in an exciting industry.
  • Autonomy, mentoring, and challenging goals.

How to Apply

This job has expired

<p>As a Compliance Specialist at Foodics, you will be instrumental in ensuring the company's adherence to SAMA regulatory requirements. Your primary focus will be on supporting compliance monitoring, implementing policies, managing regulatory reporting, and fostering internal awareness. Success in this role is defined by your ability to proactively identify and mitigate compliance risks, ensuring Foodics operates within all relevant legal and regulatory frameworks.</p>

Posted Date

March 15, 2026

18 people viewed this job