Compliance Officer

Role Overview:

The Compliance Officer / MLRO is responsible for overseeing the company's Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) programs in full compliance with Qatar Central Bank (QCB) regulations. Operating under a digital BNPL model, the MLRO plays a critical role in designing and managing transaction monitoring systems, conducting investigations, reporting suspicious activity, and ensuring that all AML/CFT measures are robust and up to date. The MLRO is the designated point of contact with the QCB's Financial Intelligence Unit (FIU) and plays a strategic and operational role in safeguarding from financial crime. The Compliance Officer / MLRO is also responsible for developing, implementing, and overseeing the company's compliance framework to ensure full alignment with Qatar Central Bank (QCB) regulations, including AML/CFT obligations, and data protection laws. The ideal candidate will have a deep understanding of QCB regulatory frameworks, fintech compliance standards, and experience working in a regulated financial services or payment environment.

Key Responsibilities:

• Develop and implement a comprehensive AML/CFT compliance framework aligned with QCB requirements and global best practices.

• Act as the principal liaison with the QCB's Financial Intelligence Unit (FIU), submitting Suspicious Transaction Reports (STRs) and responding to regulatory inquiries.

• Conduct ongoing risk assessments of customers, products, and services to identify potential areas of money laundering and terrorism financing risk.

• Oversee the setup and continuous improvement of transaction monitoring systems

tailored to BNPL user behavior and merchant activity.

• Investigate alerts and suspicious patterns arising from KYC, onboarding, repayment

cycles, and transactional data.

• Maintain detailed records of AML investigations, audit trails, and STR filings.

• Ensure all onboarding, customer due diligence (CDD), and enhanced due diligence

(EDD) processes are aligned with QCB guidelines

• Design, implement, and maintain a robust compliance management system tailored

to BNPL operations and fintech risks.

• Serve as the primary liaison with the Qatar Central Bank (QCB) and other regulatory

bodies, managing correspondence, filings, sandbox testing protocols, and licensing

obligations.

• Conduct periodic compliance risk assessments across departments and business

processes to proactively identify and mitigate regulatory risks.

• Oversee product and marketing compliance reviews to ensure transparency,

fairness, and customer protection

• Ensure the company's digital systems and third-party integrations (e.g., payment

gateways, KYC/AML vendors) meet regulatory standards for data security,

transaction monitoring, and consumer disclosures.

• Lead and deliver compliance training programs for staff across all levels, fostering a

culture of awareness and ethical responsibility.

• Monitor regulatory changes in Qatar and across the MENA region and assess their

implications on business operations.

• Prepare and submit regulatory reports, audit responses, and compliance

documentation to internal and external stakeholders.

• Support due diligence processes for vendors, merchants, and partners to mitigate

third-party compliance risks

• Ensure the company's digital systems and third-party integrations (e.g., payment

gateways, KYC/AML vendors) meet regulatory standards for data security,

transaction monitoring, and consumer disclosures.

• Monitor regulatory changes in Qatar and across the MENA region and assess their

implications on business operations.

• Prepare and submit regulatory reports, audit responses, and compliance

documentation to internal and external stakeholders.

• Support due diligence processes for vendors, merchants, and partners to mitigate

third-party compliance risks

Key Competencies & Skills:

• Expertise in regulatory compliance and risk management (QCB-specific)

• Strong analytical and investigative skills

• High attention to detail and documentation accuracy

• Clear and confident communication with regulatory bodies and internal

stakeholders

• Ability to interpret legal and regulatory language into actionable business guidance

• Collaborative, ethical, and solutions-driven approach

Job Type: Full-time