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
We are looking for a motivated and experienced Compliance amp; Governance Officer who will help us guarantee that our business processes and transactions follow all relevant guidelines, complying with KSA and SAMA regulations and internal stands too. You will be accountable for a range of duties from conducting risk assessments to advising the management, providing a link between specialist departments and management team, regulating the flow of information between management and specialist areas, while respecting different responsibilities and confidentiality requirements. With your team, you will participate in developing compliance programs, reviewing company policies, and advising on possible risks.
What Will You Do
- Knowledge in SAMA regulatory framework, and good knowledge of KSA regulatory compliance in financial and payment services
- Work to identify risk areas and implement controls to protect our organization from those risks
- Apply and follow with concerned department to implement with all regulation
- Work closely with regulatory, including SAMA reporting, ad hoc’s and other requirements.
- Follow-up with departments regarding findings, ensure meeting target dates.
- Work internally with other departments on monitoring and awareness of compliance.
- Knowledge of the compliance field and its related new regulations, circulars and trends.
- Maintain and evaluate metrics on compliance activity.
- Conduct annual assessment on level of compliance and find potential areas of non-compliance.
- Ensure all the operation activities are performed in accordance with the compliance plans, and related regulations.
- Improve the policies and procedures, controls and other compliance related matters.
- Maintaining and updating compliance plans in accordance with compliance related regulations.
- Coordinating with other departments within the company to ensure that regulatory requirements are met.
- Reviewing and investigating complaints from customers, employees, or other stakeholders regarding potential violations of laws or regulations
- Monitoring new legislation and regulations to ensure compliance with these standards, including creating new policies and procedures for the organization to follow
What Are We Looking For
- 2+ years of experience in a relevant role
- Bachelor's degree in law, business, finance or other related field.
- CCO is a plus
- Up to date knowledge in SAMA regulatory framework, and good knowledge of KSA regulatory compliance in financial and payment services
- Experience in fintech industry is a plus
- Comfortable with both English and Arabic languages
- Strong commands over MS Office applications
- Flexible to work in a fast paced and evolving environment
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 remote, in-office, and hybrid work setups.
- We offer highly competitive compensation packages, including bonuses and the potential for shares.
- Out of Country Work: We offer the option to work outside of your country of employment for up to 30 days annually.
- 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.
- Devaluation Protection Mechanism: Aiming to maintain fair compensation for all, Foodics has a one of a kind Devaluation Protection Mechanism for colleagues in Egypt, where we study devaluation on quarterly basis, and upgrade the cost of living allowance value, hence, constantly maintain value for money despite currency value fluctuation!