Compliance Officer

About noon

noon operates a comprehensive ecosystem of digital products and services designed to enhance everyday life throughout the Middle East. noon Fintech is a specialized division within noon focusing on developing consumer fintech solutions across the region. Positioned at the crossroads of one of the largest e-commerce platforms and emerging digital financial services, noon Fintech builds and manages products that enable faster, smarter, and more accessible financial services for everyday users. Our mission is to deliver top-tier fintech solutions to noon's user base at scale, transforming the technological landscape in the region.

Role Summary

As a Compliance Officer at noon Fintech in Dubai, you will act as the regulatory cornerstone, ensuring full adherence to UAE laws and meeting regulators' and financial partners' expectations. You will play a vital role in monitoring and managing compliance obligations, regulatory relationships, and risk frameworks related to noon’s fintech products.

Key Responsibilities

• Serve as the lead liaison for regulatory issues concerning fintech products and licensed operations, including managing communications with the Central Bank of the UAE and other regulatory bodies.
• Oversee compliance duties related to CBUAE licensing, with a strong preference for expertise in Stored Value Facility (SVF) licenses, ensuring adherence to all conditions, reporting requirements, and supervisory standards.
• Keep abreast of regulatory changes in fintech, payments, and consumer lending within the UAE to evaluate their impact on noon Fintech's operations and partnerships.
• Maintain and continuously update the compliance framework, policies, and procedures to meet CBUAE regulations, anti-money laundering (AML), counter-financing terrorism (CFT), and consumer protection mandates.
• Coordinate license applications, renewals, regulatory filings, and responses to supervisory inquiries promptly and comprehensively.
• Lead noon Fintech's AML and CFT initiatives, including developing transaction monitoring rules, managing suspicious activity reporting processes, and enforcing sanctions screening.
• Supervise the Know Your Customer (KYC) and customer due diligence efforts across products, ensuring compliance with regulatory and partner requirements.
• Conduct periodic AML risk assessments, revise controls based on risk evolution and regulatory guidance, and support or act as the Money Laundering Reporting Officer (MLRO).
• Collaborate with banks, lenders, and financial partners to fulfill compliance and due diligence prerequisites during onboarding and reviews.
• Partner with product, engineering, and legal teams to embed compliance standards into new products and features before launch.
• Deliver compliance training and promote regulatory awareness across the organization.
• Prepare detailed compliance reports, dashboards, and escalate issues for review by senior leadership and the Board as needed.

Qualifications and Experience

• A minimum of 4 to 6 years of compliance experience within a UAE-regulated financial services or fintech institution, particularly with direct involvement in CBUAE licensing and supervisory processes.
• Demonstrated experience managing or supporting entities licensed by the CBUAE, especially knowledge of SVF licenses, payment services frameworks, and associated regulatory conditions.
• In-depth understanding of UAE's AML/CFT regulations, CBUAE consumer protection laws, and relevant federal financial legislation.
• Experience serving as, or supporting, an MLRO within a regulated UAE financial environment.
• Familiarity with digital lending, Buy Now Pay Later (BNPL), embedded finance, or payments products and their compliance concerns.
• Exceptional ability to interpret complex regulatory guidelines and translate them into actionable operational procedures, with effective communication to diverse stakeholders.
• Established track record of direct interactions with regulators, management of supervisory examinations, and preparation of formal regulatory submissions.
• Professional certifications such as ICA, CAMS, or equivalents are advantageous.
• Proficient in English communication, both written and verbal; knowledge of Arabic is beneficial.

Ideal Candidate Profile

• High standards of professionalism with a strong commitment to diligent work ethics.
• Resourceful mindset coupled with a decisive, action-oriented approach.
• Creatively bold, willing to innovate and challenge norms.
• Adaptable, eager to learn, and capable of pivoting in a dynamic environment.