Job description
Who Are We❓ We Are Foodics!
a leading restaurant management ecosystem and payment tech provider.
Founded in 2014 with headquarter in Riyadh and offices across 5 countries, including UAE, Egypt, Jordan and Kuwait.
We are currently serving customers and partners in over 35 different countries worldwide.
Our innovative products have successfully processed over 6 billion (yes, billion with a B) orders so far!
making Foodics one of the most rapidly evolving SaaS companies to ever emerge from the MENA region.
Also Foodics has achieved three rounds of funding, with the latest raising $170 million in the largest SaaS funding round in MENA, boosting its innovation capabilities to better serve business owners.
The Job in a Nutshell💡 Ensure company-wide adherence to SAMA regulatory requirements by supporting compliance monitoring, policy implementation, regulatory reporting, and internal awareness.
Key Responsibilities Regulatory Compliance 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.
Policy & Procedure Management Draft, update, and maintain compliance-related policies and processes.
Ensure alignment with CP Principles, and Acquirer regulatory frameworks.
Monitoring & Testing Conduct compliance monitoring tests across onboarding, customer disputes, settlements, merchant operations, chargebacks, and complaints handling.
Identify control weaknesses and report findings to Compliance Manager.
Regulatory Reporting 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.
What Are We Looking For❓ 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.
What We Offer You❗ We believe you will love working at Foodics!
We have an inclusive and diverse culture that encourages innovation and flexibility in-offices.
We offer highly competitive compensation packages, including bonuses and the potential for shares.
We prioritize personal development and offer regular training and an annual learning stipend to tackle new challenges and grow your career in a hyper-growth environment.
Join a talented team of over 30 nationalities working in 14 countries, and gain valuable experience in an exciting industry.
We offer autonomy, mentoring, and challenging goals that create incredible opportunities for both you and the company.
This job post has been translated by AI and may contain minor differences or errors.
Preferred candidate
Years of experience
No experience required
Degree
Bachelor's degree / higher diploma
