Compliance Manager - Jeddah
Saudi Arabia
Full timeOn-site
Job description
Your mission:
To safeguard Beehive’s regulatory standing by building and leading a best-in-class compliance and AML/CTF framework. This role is central to ensuring that all business activities meet regulatory obligations, protecting the organisation from financial crime and reputational risk.
In this role, that means:
You’ll need a deep understanding of AML/CTF regulations, financial crime risk, regulatory frameworks, and cross-functional stakeholder management. Your leadership and expertise will drive a culture of compliance across the organisation, ensuring all activities are ethical, transparent, and fully aligned with applicable laws.
Important stuff:
- Flexibility– We have an office in Jeddah, Saudi Arabia
- Reporting to– Chief Executive Officer
- Start date- Immediately
- Interviews– 2 rounds totaling around 2–3 hours of commitment over a week
Day to Day you will be...
- Developing and implementing compliance and AML/CTF frameworks that meet or exceed regulatory requirements, establishing policies, procedures, and controls to prevent money laundering, terrorist financing, and financial crime.
- Conducting regular compliance and AML/CTF risk assessments to proactively identify, assess, and mitigate risks, including monitoring transactions for suspicious activity and implementing transaction monitoring systems.
- Investigating suspicious activity and filing Suspicious Activity Reports (SARs) with the relevant authorities, maintaining detailed records of all investigations and reports.
- Serving as the primary liaison with regulatory authorities on all compliance matters, maintaining open communication channels, responding to regulatory inquiries, and ensuring timely submission of required reports and documentation.
- Managing the compliance team and overseeing compliance operations, ensuring all team activities align with regulatory requirements and organisational policies, and reinforcing ethical conduct by setting clear standards.
- Delivering comprehensive AML/CTF training to all employees, developing training materials, conducting regular sessions, and maintaining training records to ensure organisation-wide awareness and accountability.
- Resolving compliance conflicts and overseeing investigations related to compliance violations, making timely and effective decisions while balancing urgency with strategic priorities.
- Overseeing the clear communication of compliance policies and updates across all departments, demonstrating strong listening skills by integrating feedback from stakeholders into compliance strategies.
- Regularly evaluating team performance, seeking feedback, and conducting feedback sessions to improve compliance initiatives, drive team performance, and ensure the successful management of compliance functions.
- Engaging with external auditors to enhance compliance practices and implementing best practices to ensure all compliance functions meet or exceed quality standards.
This might be you if:
- You have a minimum of 5–8 years of experience in compliance and AML within financial services, with proven experience in a Compliance Manager or similar senior role.
- You hold a Bachelor’s degree in Law, Finance, Business Administration, or a related field, and hold or are working towards a CAMS certification or equivalent.
- You have expert knowledge of AML/CTF regulations, financial crime risk, and regulatory best practices, with a strong understanding of applicable laws and regulatory frameworks.
- You are a strong leader who can motivate and manage a team, set accountability standards, and drive a proactive compliance culture across the organisation.
- You have strong analytical and risk assessment capabilities, with a sharp attention to detail and excellent documentation and investigative skills.
- You communicate clearly and effectively across all levels of the organisation, with the ability to translate complex regulatory requirements into practical guidance.
- You can work independently, make sound judgments under pressure, and thrive in a fast-paced, dynamic fintech environment.
Why join us?
Beehive is a rapidly growing and one of the longest-standing fintech startups in the MENA region. We are a people-first organisation, and we believe in the empowerment of our workforce.