Compliance Specialist📣 Job Ad

About Foodics

Foodics is a leading restaurant management ecosystem and payment technology provider. Established in 2014, the company is headquartered in Riyadh, Saudi Arabia, with additional offices across the UAE, Egypt, Jordan, and Kuwait. Foodics currently serves customers and partners in over 35 countries worldwide, having successfully processed more than 6 billion orders. Recognized as one of the most rapidly evolving SaaS companies in the MENA region, Foodics recently completed its latest funding round, raising $170 million.

The Role of Compliance Specialist

Foodics is seeking a Compliance Specialist to ensure company-wide adherence to SAMA regulatory requirements. This full-time role, based in Riyadh, involves supporting compliance monitoring, policy implementation, regulatory reporting, and internal awareness initiatives across the organization.

Key Responsibilities

• Monitor compliance with SAMA rules, circulars, the AML/CTF Rulebook, Payment Service Provider regulations, and Consumer Protection Principles.
• Support regulatory gap assessments and the execution of the annual compliance plan.
• Draft, update, and maintain compliance-related policies and processes, ensuring alignment with Consumer Protection Principles and Acquirer regulatory frameworks.
• Conduct compliance monitoring tests across areas such as onboarding, customer disputes, settlements, merchant operations, chargebacks, and complaints handling.
• Identify control weaknesses and report findings to the Compliance Manager.
• Assist in preparing regulatory submissions, including SAMA dashboards, compliance returns, and responses to queries.
• Maintain records of regulatory correspondence and documentation required for inspections.
• Provide compliance training sessions to relevant departments, including KYC, merchant onboarding, customer care, and sales.
• Collaborate with Legal, AML, Anti-Fraud, Operations, Product, and Risk teams on compliance matters and remediation plans.

Required Experience

Candidates for the Compliance Specialist position should possess 2-5 years of relevant professional experience in compliance, preferably within the financial technology or payment services sector, with a focus on SAMA regulations.

Working at Foodics

Foodics fosters an inclusive and diverse culture that supports innovation. The company provides regular training and an annual learning stipend to support professional development. Employees join a team comprising over 30 nationalities working across 14 countries. The environment offers autonomy, mentoring, and challenging goals.

Location and Work Type

This is a full-time position based in Riyadh, Riyadh Province.