Senior Risk & Compliance Advisor
by LikeCard in E-Commerce
LikeCard Group is seeking a Senior Risk & Compliance Advisor in Riyadh, Saudi Arabia, to safeguard the company’s regulatory standing and operational integrity across multiple jurisdictions within the E-Commerce, FinTech, financial services, and telecommunications ecosystem. The role involves acting as a trusted advisor to business units by ensuring that operations, partnerships, and new initiatives comply with applicable regulatory requirements while proactively identifying and mitigating risks. The position requires extensive engagement with regulatory compliance and risk management practices, including monitoring, analyzing, and interpreting regulations and circulars issued by central banks, financial regulatory authorities, telecom regulators, and data protection authorities. The advisor will translate complex regulatory requirements into practical policies, procedures, and internal controls for cross-functional teams including Risk, Product, Operations, Marketing, HR, Commercial, and Finance. The role includes maintaining and updating a compliance portal or intranet, developing and implementing a risk-based compliance monitoring program, and performing periodic testing of key compliance controls such as Customer Due Diligence (CDD/KYC), transaction monitoring systems, and partner onboarding processes. The candidate will utilize tools such as sanctions screening and PEP screening tools including World-Check and LexisNexis Bridger, and ensure adherence to AML/CFT compliance frameworks and Suspicious Activity Reporting (SAR) requirements. Additional responsibilities include conducting root cause analysis, preparing compliance monitoring reports, tracking corrective actions, delivering training programs, issuing compliance communications, and performing due diligence on telecom operators, banks, payment gateways, and merchants. The role also requires preparing reports for senior management, Board of Directors, and regulators, and demands strong proficiency in Microsoft Office Suite, regulatory analysis, compliance reporting, and internal controls within a high-risk, multi-industry regulatory environment.