- Location
- Kuwait
- Type
- Full-time
- Department
- Legal
- Seniority
- Senior
- Source
- Pinpoint
Description
Senior Manager, Compliance
Department: Compliance
Employment Type: Full Time
Location: Kuwait
Reporting To: Tommaso Pace
Description
About Tabby:
Tabby is on a mission to give people power over their money. For too long, financial systems have worked for the institutions that built them, not the people using them. Runaway interest, fine print and limited access have left many behind, feeling shut out of a system that wasn't setting them up for success.
We're building a different kind of system—in a complete money app to send, spend and save. One that's clear, flexible and puts people and businesses in control. Founded in 2019, we serve customers and businesses across Saudi Arabia, the United Arab Emirates and Kuwait. Millions of customers and 65,000 global brands, government services and small businesses rely on us today.
What began as a better way to pay at checkout has grown into a financial system working the way it should have all along.
About the role
We're building a different kind of system—in a complete money app to send, spend and save. One that's clear, flexible and puts people and businesses in control. Founded in 2019, we serve customers and businesses across Saudi Arabia, the United Arab Emirates and Kuwait. Millions of customers and 65,000 global brands, government services and small businesses rely on us today.
What began as a better way to pay at checkout has grown into a financial system working the way it should have all along.
About the role
Tabby is the leading shopping and financial services app in the Middle East - 25M+ users, 65,000+ merchants across Saudi Arabia, the UAE and Kuwait. We're now building our Kuwait team.
This is a founding role. You'll support building the compliance function in Kiwait rather than inherit one, and act as our principal contact with the Central Bank of Kuwait.
Key Responsibilities
- Own the CBK relationship - correspondence, inspections, information requests and supervisory dialogue
- Lead the compliance workstream of our CBK registration and licensing programme
- Build the Kuwait compliance framework from scratch: policies, controls, monitoring plan and risk assessments
- Act as MLRO - own the AML/CFT programme, including STR filing, CDD, sanctions screening and transaction monitoring
- Maintain the BNPL consumer protection framework covering dispute resolution, fee transparency and complaint handling
- Track regulatory change, assess business impact and drive implementation with the relevant owners
- Prepare compliance reporting for CBK and papers for the audit and risk committees
- Conduct regular compliance assessments and audits, proactively identifying potential areas of non-compliance and recommending corrective actions to mitigate risks and ensure adherence to regulatory standards.
- Provide strategic guidance and support to various departments within the organization on compliance-related matters, including regulatory changes and updates, ensuring that all business activities are conducted in a compliant manner.
- Design and roll out efficient and effective compliance processes, leveraging technology and innovative solutions to streamline compliance workflows and enhance operational efficiency.
- Collaborate with internal stakeholders, including senior management, to integrate compliance considerations into all aspects of business operations, including product development, marketing, and customer service.
Skills, Knowledge and Expertise
- 5+ years in compliance, AML/CFT or regulatory advisory within a CBK-regulated business - a Kuwaiti bank, finance company, exchange house, or registered e-payment or e-money provider
- Direct experience dealing with the CBK, including inspections and regulatory submissions
- Working knowledge of the CBK e-payment of funds regime and Kuwait's AML/CFT framework
- A track record of building frameworks, not only administering them
- Professional Arabic and English, including drafting regulatory correspondence in Arabic
Skills
AMLComplianceCustomer Service