Senior Compliance Officer📣 إعلان

About Soum

Soum is dedicated to transforming e-commerce in the MENA region by developing a convenient and trustworthy re-commerce marketplace. The company aims to reshape C2C marketplaces, making the buying and selling of second-hand products efficient and reliable. Since its launch in July 2021, Soum has achieved rapid expansion in its team and product offerings, earning recognition as one of the Top 10 LinkedIn Startups in Saudi Arabia for 2024.

The Opportunity

Soum is seeking a Senior Compliance Officer to join the regulatory and compliance team for its auto-financing platform in Riyadh. As a SAMA-regulated fintech, compliance is central to the company's operations. This full-time, hands-on position involves supporting the implementation and daily operation of compliance frameworks, working closely with the CCO and cross-functional teams within a fast-moving fintech environment.

Key Responsibilities

• Manage compliance obligations across AML, KYC, consumer protection, and Fair Credit Terms, aligned with SAMA frameworks.
• Prepare regulatory submissions, examination responses, and licensing milestone documentation.
• Monitor SAMA regulatory updates and translate changes into internal policy adjustments.
• Ensure credit products, marketing materials, and customer communications meet regulatory standards prior to launch.
• 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.
• Ensure 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.
• 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.

Candidate Profile

Soum values a mindset that aligns with its culture of trust, speed, and high standards. The ideal candidate will:

• Take ownership and follow through on tasks.
• Possess genuine curiosity about regulation and seek to understand the rationale behind rules.
• Communicate clearly and confidently across teams and seniority levels.
• Thrive in a fast-paced, startup environment where priorities can shift quickly.
• Exhibit a collaborative spirit and contribute positively to the team culture.
• Be committed to upholding high standards and ensuring compliance.

Qualifications and Experience

To be successful in this role, candidates should possess:

• 3-5 years of experience in a compliance role, preferably within a fintech or SAMA-regulated financial institution.
• A strong understanding of regulatory frameworks including AML, KYC, consumer protection, and Fair Credit Terms.
• Demonstrated ability to support compliance policy implementation and operational workflows.
• Technical expertise in compliance operations is valued.

Work Type and Location

This is a full-time position based in Riyadh.