Senior Compliance Officer

Job Purpose: To support the Chief Compliance Officer in ensuring full compliance with applicable laws, regulations, and regulatory requirements, while strengthening the company’s compliance framework and promoting a culture of compliance.

Key Responsibilities: Regulatory Compliance & Monitoring

• Monitor compliance with applicable laws and FRA regulations.
• Ensure adherence to internal policies and governance frameworks.
• Track regulatory updates and assess impact.
• Support communication with regulators under CCO supervision.

Policy & Procedure Management

• Assist in drafting and updating compliance policies.
• Ensure alignment with regulatory requirements.
• Support implementation across departments.

Compliance Reviews & Testing

• Conduct compliance reviews and thematic checks.
• Identify risks and control gaps.
• Follow up on corrective actions.

Reporting & Escalation

• Prepare compliance reports for the CCO.
• Escalate material breaches promptly.
• Maintain documentation and audit trails.

Advisory Role

• Provide compliance guidance on new products and processes.
• Ensure alignment with responsible pricing and consumer protection.

Training & Awareness

• Deliver compliance training sessions.
• Promote ethical conduct and compliance culture.

Complaints & Breach Handling

• Monitor complaint handling.
• Ensure regulatory compliance in resolutions.
• Track compliance violations.

Education: Bachelor’s degree in Law, Finance, Business Administration, or related field.

• Certifications preferred.

Experience: 2-5 years in compliance within financial services or microfinance.

• Strong knowledge of FRA regulations.

Skills: Strong analytical and regulatory knowledge.

• Excellent communication (Arabic & English).
• High integrity and attention to detail. KPIs: Timely reporting
• Compliance breach levels
• Audit outcomes
• Staff awareness