--- title: 'Senior Compliance Officer (Saudi Nationals Only) at SOUM' canonical: 'https://feeny.ai/job/senior-compliance-officer-saudi-nationals-only-soum-riyadh-5xw6b0k0ftt7' type: 'job' last_seen: '2026-09-15' --- # Senior Compliance Officer (Saudi Nationals Only) at SOUM - **Company:** SOUM - **Location:** Riyadh, Saudi Arabia - **Employment:** full-time - **Work type:** onsite - **Posted:** 2026-05-21 - **Last confirmed live:** 2026-09-15 - **Apply:** https://jobs.lever.co/soum/e1b5df51-66e6-44d4-a19e-f4ea7ccec3fe ## Job description About Us:Soum is on a mission to revolutionise e-commerce in the MENA region and beyond by building the most convenient and trustworthy re-commerce marketplace in the region. We're reshaping how C2C marketplaces operate, making buying and selling second-hand products seamless and reliable. Since our launch in July 2021, Soum has become one of the fastest-growing startups in the region, achieving rapid expansion in both our team and product offerings. In recognition of our impact and growth, we are proud to have been named one of the Top 10 LinkedIn Startups in Saudi Arabia for 2024. ## About the role We are looking for a motivated and detail-oriented Compliance Officer to join the regulatory and compliance team of our auto-financing platform. As a SAMA-regulated fintech, compliance is central to everything we do — and this role sits right at the heart of it. This is a hands-on position suited for an early-career compliance professional who is eager to grow within a fast-moving fintech environment. You will support the implementation and day-to-day operation of our compliance frameworks, working closely with the CCO and cross-functional teams. We value attitude and cultural fit as much as technical expertise — we want someone who is curious, proactive, and genuinely committed to doing things the right way. ## Key Responsibilities Regulatory Compliance & SAMA Support - Assist in managing compliance obligations across AML, KYC, consumer protection, and Fair Credit Terms aligned to SAMA frameworks. - Support the preparation of regulatory submissions, examination responses, and licensing milestone documentation. - Monitor regulatory updates from SAMA and assist in translating changes into internal policy adjustments. - Help ensure credit products, marketing materials, and customer communications meet regulatory standards prior to launch. Policy & Framework Operations - Maintain and update compliance policies, procedures, and control documentation under the guidance of the CCO. - Support the compliance risk register, control matrices, and exception tracking workflows. - Contribute to the company’s AML/CFT programme, including transaction monitoring, suspicious activity reporting, and sanctions screening processes. Consumer Protection & Fair Lending - Assist in ensuring all lending products adhere to SAMA’s consumer protection and Fair Credit Terms requirements. - Support the complaint management and resolution process in line with SAMA standards. - Review customer-facing disclosures, contracts, and fee structures for regulatory accuracy. Operational Compliance Support - Embed compliance controls into day-to-day operations and product workflows with guidance from the CCO. - Deliver compliance training and awareness sessions for internal teams. - Provide first-level compliance advisory support to business lines on new products, campaigns, and partnerships. - Assist the CISO on data protection obligations under Saudi data governance regulations. ## Qualifications & Experience Required - 3–5 years of experience in compliance, regulatory affairs, or a related role within financial services, fintech, or banking. - Foundational understanding of SAMA’s regulatory framework, including AML/KYC, consumer lending, and data governance requirements. - Saudi national — required. - Full professional fluency in both Arabic and English is mandatory for this role. - Strong attention to detail, organisational skills, and a proactive work ethic. ## Preferred - Experience in a fintech, BNPL, digital lending, or auto-financing environment. - Exposure to SAMA Sandbox compliance or licensing processes. - Familiarity with Open Banking or data-sharing compliance in KSA. - Professional certifications: CAMS, ICA, or equivalent (in progress or completed). Culture & What We’re Looking For At Soum, we build on trust, move fast, and hold ourselves to a high standard. The right Compliance Officer isn’t just technically sound — they bring the right mindset. We are looking for someone who: - Takes ownership and follows through without being chased. - Is genuinely curious about regulation and wants to understand the ‘why’ behind every rule. - Communicates clearly and confidently across teams and seniority levels. - Thrives in a fast-paced, startup environment where priorities can shift quickly. - Has a collaborative spirit and contributes positively to the team culture. - Is committed to doing things the right way — not just the easy way. ## About SOUM ## Company Overview - **One-liner**: Soum is a re-commerce marketplace platform based in Saudi Arabia that enables individuals and businesses to buy and sell pre-owned goods—starting with electronics and expanding into automobiles and collectibles—with guaranteed, end-to-end transaction support. - **Entity Type**: Private (Series A) - **Headquarters**: Riyadh, Saudi Arabia - **Founded**: 2021 - **Founders**: Bader Almubarak (CEO), Fahad Al Hassan, Fahad Albassam ## Core Business - **Primary industry**: Internet Marketplace Platforms / Re-commerce - **Target customers**: B2C (individual buyers and sellers), B2B (small businesses via Merchant App), and B2B2C (telecom/retail partners with bulk-selling options) - **Mission or purpose statement**: "Build a marketplace that enables users to buy and sell anything online with convenience, trust, and ease starting in the MENA market." ## Products & Services - **Peer-to-Peer Marketplace**: A platform for individuals to list and sell second-hand electronics, used cars, and collectibles. Soum manages the entire transaction cycle including listing approval, logistics coordination, payment holding, and delivery guarantee. - **Merchant App**: A dedicated tool for small businesses to sell faster and reach a wider audience through the Soum marketplace. - **Bulk-Selling Solutions for Partners**: Tailored services for telecom and retail partners (e.g., bulk inspections, warehouse management, optimal returns) for high-volume inventory. - **AI-Powered Platform Features**: Personalized recommendations, dynamic pricing, predictive analytics, and fraud detection models deployed across the marketplace. ## Market Standing - **Valuation/Market Cap**: Not disclosed - **Total Funding**: $22M USD to date - **Notable Investors**: Jahez Group (lead, Series A), Isometry Capital (New York-based), Al Rajhi Partners, Khwarizmi Ventures, Outliers Venture Capital - **Growth Signals**: - 10th most downloaded e-commerce app in KSA in 2023 - Over 5 million app downloads - 10,000+ active listings at any given time - 30,000+ new listings every month - Facilitated hundreds of thousands of transactions across 150+ locations in Saudi Arabia - Headcount grew +10.3% YoY (90 employees as of latest data) - Expanding into UAE and other MENA markets, and testing new categories (used cars, collectibles) ## Competitive Advantages - **Trust & Safety Moat**: Proprietary fulfillment and payment systems hold funds until the buyer confirms delivery—reducing fraud risk in a high-friction category (used goods). - **Full-Stack Marketplace**: Unlike pure listing platforms, Soum manages pre-approval of listings, logistics, and payment escrow, creating a controlled, consistent user experience. - **AI Integration**: Uses machine learning for recommendations, dynamic pricing, and fraud detection, making the platform smarter and safer as it scales. - **First-Mover in MENA Re-commerce**: Dominant position in Saudi Arabia’s second-hand electronics market with a trusted brand and strong local logistics network. ## Strategic Focus - Geographic expansion across the MENA region, starting with the United Arab Emirates - Category expansion beyond electronics into automobiles and collectibles - Extending return windows (from 24 hours to a week or month) to increase buyer confidence - Scaling the merchant and partner programs to drive B2B revenue - Continued investment in AI/ML to improve personalization, pricing, and fraud detection ## Why Work Here - **Culture**: Soum describes itself as looking for "innovators, the hungry, the go-getters" and offers autonomy to experiment, learn, fail, and grow. The team is called "Soumers" and has worked across 14+ countries from the US to South Korea. - **Remote/Hybrid Policy**: Mixed. Many roles are remote (e.g., Cairo-based positions), but some roles (e.g., Senior Compliance Officer, Operations roles) are on-site in Riyadh or Jeddah. The company has offices in Riyadh and Cairo. - **Global & Diverse Team**: 90 employees spread across 8 countries (Saudi Arabia, Egypt, Pakistan, UAE, South Korea, Nigeria, Uzbekistan, US). Engineering and product teams are distributed. - **Engineering Culture**: AI/ML is core to the product; they deploy models for recommendations, dynamic pricing, predictive analytics, and fraud detection. The technical team makes up ~12% of headcount. - **Growth Trajectory**: High-growth startup (10%+ YoY headcount growth, expanding geographies and categories) offering significant ownership and impact. - **Compensation**: Senior Software Engineer roles reported at ~SAR 128,877/month. Overall employer rating is 3.7/5 (19 reviews on LinkedIn), with Culture rated 3.6 and Career growth rated 3.5. - **AI in Hiring**: Soum discloses that they use AI tools to support parts of the hiring process (reviewing applications, analyzing resumes, identifying signals), but final decisions are made by humans. ## Sources 1. [soum.sa](https://soum.sa) 2. [jobs.lever.co/soum](https://jobs.lever.co/soum) 3. [linkedin.com/company/soum-sa](https://linkedin.com/company/soum-sa) 4. [techcrunch.com](https://techcrunch.com/2023/12/20/soum-18m-series-a-funding/) 5. [cbinsights.com](https://www.cbinsights.com/company/soum) 6. [builtin.com](https://builtin.com/company/soum) ## Other roles at SOUM - [B2C Sales Team Lead — Cars](https://feeny.ai/job/b2c-sales-team-lead-cars-soum-remote-nxz70y3ygf06) - [Showroom Accountant](https://feeny.ai/job/showroom-accountant-soum-riyadh-e5bqd6ta03m6) — Riyadh, Saudi Arabia - [Inventory & Pricing Analyst](https://feeny.ai/job/inventory-pricing-analyst-soum-cairo-ydm5xxmpxjn3) — Cairo, Egypt - [Car Inspector](https://feeny.ai/job/car-inspector-soum-riyadh-7ywe6d08nv3a) — Riyadh, Saudi Arabia - [Logistics Specialist](https://feeny.ai/job/logistics-specialist-soum-riyadh-hyee12vy4ns8) — Riyadh, Saudi Arabia - [Finance Operations Associate / Accountant](https://feeny.ai/job/finance-operations-associate-accountant-soum-remote-wastrhafb082) - [Senior Recruiter](https://feeny.ai/job/senior-recruiter-soum-cairo-1xaa61x3wqpg) — Cairo, Egypt - [Automotive Content Creator](https://feeny.ai/job/automotive-content-creator-soum-riyadh-e0eskm8m0f0p) — Riyadh, Saudi Arabia - [Key Accounts Manager](https://feeny.ai/job/key-accounts-manager-soum-riyadh-t094pq55cmvr) — Riyadh, Saudi Arabia - [Operations Manager — Electronics Vertical](https://feeny.ai/job/operations-manager-electronics-vertical-soum-riyadh-m6rg0j95cbmj) — Riyadh, Saudi Arabia