This role reports directly to the Board of Directors of Lean KSA and to the Board s Governance, Legal, Risk and Compliance Committee (GLRCC), with day-to-day reporting to the Group Chief Legal, Risk and Compliance Officer and administrative reporting to the CEO. You will present the quarterly Compliance and Financial Crime report to the GLRCC and the Board and have direct, unrestricted access to both. The KSA Compliance Officer reports to this role.

Responsibilities

• Develop and implement comprehensive compliance policies and procedures aligned to the Law of Payments and Payment Services and its Implementing Regulations, SAMA s Open Banking Framework and Counter-Fraud Framework, the Financial Consumer Protection Principles and other applicable KSA regulation, and own the KSA policy set through its annual GLRCC review and approval cycle.
• Monitor and assess regulatory change across SAMA, SDAIA (data protection), and other relevant authorities, and translate it into clear, actionable guidance for the business.
• Own the KSA Compliance Annual Plan and the compliance risk assessment, and report progress against them quarterly to the GLRCC and the Board.
• Lead SAMA supervisory visits and inspections, and compliance audits (external, internal and outsourced), ensuring clear communication, a documented evidence trail and resolution of findings and of commitments made to SAMA.
• Establish and run a risk-based Compliance Monitoring Program (CMP) and periodic testing programme across all KSA operations.
• Act as SAMA-approved Compliance Officer and AML / Financial Crime Officer (Money Laundering Reporting Officer): oversee the AML/CFT program, including customer due diligence, sanctions and