Compliance Specialist

Who Are We❓

We Are Foodics! a leading restaurant management ecosystem and payment tech provider. Founded in 2014 with headquarter in Riyadh and offices across 5 countries, including UAE, Egypt, Jordan and Kuwait. We are currently serving customers and partners in over 35 different countries worldwide. Our innovative products have successfully processed over 6 billion (yes, billion with a B) orders so far! making Foodics one of the most rapidly evolving SaaS companies to ever emerge from the MENA region. Also Foodics has achieved three rounds of funding, with the latest raising $170 million in the largest SaaS funding round in MENA, boosting its innovation capabilities to better serve business owners.

The Job in a Nutshell💡

We are looking for a proactive Compliance Specialist to assist in supporting the regulatory and compliance functions within Foodics.

This entry-level position requires fluency in English and up to one year of experience in compliance or regulatory work.

The Compliance Specialist will be responsible for coordinating day-to-day regulatory activities, ensuring that Foodics Pay operates in full compliance with local laws and internal policies. The role reports directly to the Compliance

Lead and involves regular interaction with internal teams to facilitate smooth compliance processes.

What Will You Do❓

• Daily Compliance Coordination: Assist the Compliance Lead in managing day-to-day compliance activities and ensuring all departments are aligned with regulatory requirements.
• Document Management: Maintain accurate and organized records of regulatory and compliance documentation, ensuring that all files are audit-ready and accessible.
• Internal Collaboration: Coordinate with internal departments, including Legal, Operations, and Finance, to ensure adherence to relevant regulations.
• Monitoring and Reporting: Track compliance metrics and prepare reports for internal review, ensuring any issues or breaches are escalated to the Compliance Lead.
• Audit Support: Assist in preparing for internal and external audits by gathering necessary documentation and supporting compliance efforts.
• Regulatory Updates: Stay informed of any regulatory changes that may impact Foodics Pay and communicate these updates to the team.

What Are We Looking For❓

• Education: Bachelors degree in Business, Law, Finance, or a related field.
• Experience: 1 year or less of experience in compliance or regulatory roles (entry-level candidates with relevant academic backgrounds are welcome).
• Skills:

1. Excellent organizational skills and attention to detail.
2. Proficient in English (spoken and written).
3. Strong communication and coordination abilities.
4. Ability to work independently and handle multiple tasks simultaneously.

• Preferred

1. - Familiarity with fintech or payments industry.
2. - Basic knowledge of regulatory frameworks governing financial services.

What We Offer You❗

We believe you will love working at Foodics!

• We have an inclusive and diverse culture that encourages innovation and flexibility in remote, in-office, and hybrid work setups.
• We offer highly competitive compensation packages, including bonuses and the potential for shares.
• Out of Country Work: We offer the option to work outside of your country of employment for up to 30 days annually.
• We prioritize personal development and offer regular training and an annual learning stipend to tackle new challenges and grow your career in a hyper-growth environment.
• Join a talented team of over 30 nationalities working in 14 countries, and gain valuable experience in an exciting industry.
• We offer autonomy, mentoring, and challenging goals that create incredible opportunities for both you and the company.
• Devaluation Protection Mechanism: Aiming to maintain fair compensation for all, Foodics has a one of a kind Devaluation Protection Mechanism for colleagues in Egypt, where we study devaluation on quarterly basis, and upgrade the cost of living allowance value, hence, constantly maintain value for money despite currency value fluctuation!