Compliance Assistant Manager

About HALA

HALA is a prominent fintech enterprise operating throughout the MENAP region, committed to revolutionizing financial services and building a future-focused banking platform specifically for SMEs. Operating entities in the UAE, Saudi Arabia, and Egypt—including HALA Payments and HALA Logistics—HALA specializes in enabling merchants to digitize payments and efficiently manage their sales and operations. Established in 2017, HALA is officially licensed by the Saudi Arabian Central Bank.

Responsibilities

• Perform regular regulatory compliance reviews and investigations to verify adherence to established procedures.
• Act as the primary contact for employee inquiries regarding compliance matters and overseeing reports of irregularities.
• Lead the development and coordination of regulatory reviews covering policies, procedures, training, marketing, and other communication to maintain compliance standards.
• Create and manage self-assessment and compliance monitoring frameworks.
• Oversee the drafting, review, and enforcement of policies prompted by new laws and regulations.
• Author compliance reports detailing findings and actions taken.
• Maintain and update the organization's risk register routinely.
• Escalate potential or actual noncompliance risks to appropriate stakeholders.
• Facilitate and lead training sessions for employees on compliance and legal topics.
• Coordinate interactions and visits from the Saudi Arabian Monetary Authority (SAMA).
• Respond to requests and reports as mandated by SAMA.
• Serve as the liaison for regulatory visits and communications.
• Direct the implementation process of newly introduced regulations.
• Lead efforts analyzing regulatory penalties and mitigating risks.
• Review and act upon whistleblowing reports to ensure transparency and accountability.

Qualifications

A Bachelor's degree in Law, Finance, Business Administration, or a related field is required.

Benefits

• HALA embraces a diverse and inclusive culture promoting innovation and offers flexible working arrangements including remote, in-office, and hybrid models.
• Offers competitive salary packages potentially including equity shares.
• Emphasizes personal development with frequent training opportunities and an annual stipend to support career growth in a rapidly expanding environment.
• Work within a multicultural team representing over 30 nationalities across seven countries, gaining valuable industry experience.
• Encourages autonomy with mentoring and challenging objectives to foster growth for both employees and organization.
• Entrusts significant responsibility and freedom to employees for optimal results.