Head of Legal
1 week ago
A newly established Small and Medium Enterprise (SME) financing company, backed by a leading Saudi bank, is seeking a Head of Legal & Compliance to build and lead its legal, compliance, and governance framework. As the company establishes its operations, this role is critical in ensuring adherence to Saudi Arabian Monetary Authority (SAMA) regulations, corporate governance requirements, and financial laws while shaping the organization's compliance culture from the ground up.
Key Responsibilities
- Establish and implement the company's legal, compliance, and corporate governance framework in alignment with SAMA, CMA, and other regulatory authorities.
- Develop and enforce internal compliance policies that meet Saudi and international best practices.
- Act as the primary liaison with regulatory bodies, ensuring timely reporting and regulatory compliance.
- Provide strategic legal counsel on corporate transactions, partnerships, risk management, and financial services laws.
- Design and lead the company's AML (Anti-Money Laundering) and KYC (Know Your Customer) compliance programs.
- Oversee data protection policies to ensure compliance with Saudi and global standards.
- Conduct internal audits, risk assessments, and compliance training to promote a strong compliance culture within the organization.
- Manage relationships with external legal counsel, government entities, and financial authorities.
Requirements
Mandatory:
- Bachelor's degree in Law (LLM Master's preferred).
- 10+ years of experience in legal and compliance roles, preferably within the financial or banking sector.
- Strong expertise in SAMA, CMA, and Saudi financial regulations.
- Proven track record in establishing and leading compliance and governance functions in financial services.
- Fluency in Arabic and English.
Preferred:
- Master's degree in Law, Business Administration, or Compliance-related fields.
- Certifications such as CAMS (Certified Anti-Money Laundering Specialist) or CRCM (Certified Regulatory Compliance Manager).
- Experience in SME financing, fintech, or regulatory advisory roles.
- Strong background in corporate governance, risk management, and financial crime compliance.
Lead compliance and governance for a growing SME financing company with the backing of a major Saudi bank. Influence the company's strategic direction in a regulated and evolving financial market. Competitive salary and career progression opportunities in a dynamic sector.
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