Senior Regulatory Compliance Associate📣 Job Ad

About Tamara

Tamara is a leading shopping and payments platform operating across Saudi Arabia and the GCC region. The company's mission is to empower individuals in their daily lives by transforming how they shop, pay, and bank. Founded by Abdulmajeed Alsukhan, Turki Bin Zarah, and Abdulmohsen Al Babtain, Tamara is headquartered in Riyadh, Saudi Arabia, with additional offices in the UAE, Egypt, Germany, and Vietnam. Serving millions of users and collaborating with thousands of merchants, including global and regional brands such as SHEIN, Jarir, noon, IKEA, H&M, and Farfetch, alongside local small and medium businesses, Tamara is backed by investors including SNB Capital, Sanabil Investments (a wholly-owned company by the Public Investment Fund), *********, Coatue, Shorooq Partners, and Endeavor Catalyst.

The Opportunity: Senior Regulatory Compliance Associate

Tamara is seeking a Senior Regulatory Compliance Associate to join its Compliance Department. This full-time role, based in Riyadh, focuses on ensuring comprehensive adherence to Saudi Central Bank (SAMA) regulations applicable to payment services. The position involves both advisory and monitoring responsibilities to maintain ongoing regulatory compliance, particularly concerning activities under the Electronic Money Institution (EMI) license and other Payment Service Provider (PSP) categories.

Core Responsibilities

• Ensure compliance with all applicable SAMA regulations related to payment services, including EMI, PSP, and wallet provider categories.
• 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 derived from SAMA circulars and regulatory updates.
• Review and maintain internal policies and procedures to ensure consistency with current SAMA regulations.
• Ensure the proper receipt and dissemination of all circulars and publications issued by SAMA, and follow up with relevant departments for 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 Profile

The ideal candidate for this role is a driven, determined, and curious team player who understands the value of collective strength. This individual possesses a positive, solution-oriented outlook, demonstrating perseverance in overcoming challenges. The role requires the ability to collaborate effectively with diverse teams through empathy and respect, responding quickly with urgency, and adapting course without losing momentum or energy.

Required Qualifications and Experience

• 0-1 years of relevant experience.
• Solid understanding of SAMA’s regulatory framework for payment services.
• Demonstrated experience in regulatory reporting and policy review.

Location and Work Type

This is a full-time position based at Tamara's headquarters in Riyadh, Saudi Arabia. The role offers an opportunity to contribute to a growing team within a dynamic fintech environment.