The KSA Compliance Officer is responsible for assisting senior management in ensuring that the KSA entity adheres to, and operates within, its specific licence requirements, as well as the ongoing regulatory compliance obligations of local regulatory bodies. This position reports to the VP, Global Compliance, Middle East and Africa, based in London. The Compliance Officer will be responsible for initiating compliance processes, policies and procedures for the KSA entity, while working closely with senior management of the KSA business units.

How you will add value?

• Maintain and enhance the Compliance Framework, ensuring alignment with regulatory requirements, industry best practice, and business objectives, including board and regulatory reporting obligations.
• Serve as the registered Money Laundering Reporting Officer (MLRO), fulfilling all statutory and regulatory responsibilities for the KSA entity.
• Provide expert compliance and regulatory advice to senior management and employees, supporting informed decision-making and adherence to applicable laws, rules, and standards.
• Advise on the effectiveness of risk management processes, ensuring key risks are appropriately identified, assessed, mitigated, and managed in line with regulatory expectations.
• Partner with senior stakeholders, HR, and Risk teams to develop and deliver compliance and risk training programs that promote a strong culture of compliance and accountability.
• Lead compliance and corporate risk assessments, proactively identifying and evaluating risks arising from new products, business activities, client relationships, and organisational change.
• Oversee the implementation and execution of the Compliance and Risk Monitoring Programme, ensuring findings are effectively reported and remediation actions are tracked to completion.
• Act as the primary regulatory liaison with the Capital Market Authority (CMA) and relevant industry bodies, fostering strong stakeholder relationships and representing the organisation on compliance and regulatory matters.

Desired Candidate Profile

• Bachelor's degree or equivalent business experience
• At least five years experience in the financial services industry, including related compliance or regulatory experience
• Candidate must hold the necessary CMA licences / authorisations.
• Extensive knowledge of the local KSA regulatory framework, regulatory examination / inspection processes, and applicable rules and regulations.
• Solid understanding of the Financial Services industry, specifically regarding asset management of mutual funds and institutional business.
• Proficient written and verbal communication skills, with fluency in Arabic and English.
• Strong presentation skills, including experience presenting at staff meetings, cross-functional meetings, management meetings and training sessions.
• Ability to develop solid partnerships with the business units
• Strong analytical and judgement skills.
• Ability to provide business partners with the necessary technical guidance to perform their job responsibilities.
• Ability to manage multiple tasks in a fast-paced team environment and work collaboratively as a team player.