Senior Regulatory Compliance Associate

About Tamara and the Role

Tamara is seeking a Senior Regulatory Compliance Associate to join its team in Riyadh, Saudi Arabia. This full-time role is integral to supporting the Compliance Department in ensuring full adherence to SAMA regulations applicable to payment services.

Role Purpose

The Senior Regulatory Compliance Associate will focus on ensuring compliance with SAMA regulations across various payment service categories, including Electronic Money Institution (EMI) licenses and other Payment Service Provider (PSP) activities. The position involves both advisory and monitoring functions to maintain ongoing regulatory adherence within the organization.

Key Responsibilities

• Ensure compliance with all applicable SAMA regulations related to payment services (*, EMI, PSP, wallet providers).
• Review and approve new products to ensure alignment with SAMA requirements.
• Monitor internal processes and product structures for regulatory adherence.
• Track, interpret, and implement changes from SAMA circulars and regulatory updates.
• Review and maintain internal policies and procedures to ensure consistency with current SAMA regulations.
• Ensure receipt and proper dissemination of all circulars and publications issued by SAMA; follow up with relevant departments to ensure timely implementation.
• Prepare and submit accurate regulatory reports to SAMA within required timelines.
• Review management reports submitted to SAMA for accuracy and completeness.
• Coordinate with internal teams to collect and validate data required by SAMA.
• Support regulatory inspections, audits, and remediation actions as needed.
• Provide advisory support to internal stakeholders on payment-related compliance matters.

Candidate Attributes

The ideal candidate is a driven, determined, and curious team player who understands the value of collective strength. This role requires a positive, solution-oriented individual capable of persevering through challenges, finding effective solutions, and collaborating respectfully with all stakeholders. The ability to respond quickly with urgency and adapt course without losing momentum is essential for success.

Required Qualifications and Experience

• Bachelor’s degree in Law, Business, Finance, or a related field.
• Minimum 1–2 years of experience in a compliance role at a SAMA-regulated entity operating in the payments sector.
• Solid understanding of SAMA’s regulatory framework for payment services.
• Experience in regulatory reporting and policy review.
• Strong communication, coordination, and analytical skills.
• Detail-oriented and able to manage multiple priorities effectively.

Location and Employment Type

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