Chief Executive Officer

4 weeks ago

Manama, Manama, Bahrain RESO Full time

Job Title: Chief Executive Officer (CEO)

Location: Manama, Bahrain

Employment Type: Full-time

About Wello:

Wello is a Web3-enabled fintech company on a mission to redefine global payments and

remittances. By combining self-custody wallets, compliant fiat ramps, and stablecoin-based

infrastructure, we're building a faster, cheaper, and more inclusive way to move money

across borders. As we expand into the Middle East, our Bahrain entity will serve as a

strategic hub for regional operations and regulatory licensing.

Position Overview:

We are looking for a visionary yet execution-focused CEO for Wello Bahrain to spearhead

the setup and leadership of our operations in the region. This role is ideal for a candidate

with deep experience in cross-border payments, remittance flows, and local

banking/payment ecosystems, especially within regulated fintech or crypto companies.

The CEO will be responsible for establishing the Bahrain entity, securing regulatory

approvals, building a local team, and launching compliant cross-border payment services

leveraging both traditional and blockchain-based rails.

Key Responsibilities:

1. Entity Setup & Regulatory Readiness

● Lead the setup of Wello Bahrain: company registration, governance documents,banking setup, and legal structure.

● Collaborate with local and international law firms and Wello's legal team to obtain relevant licenses (e.g. CBB crypto asset license, payment license).

● Draft and enforce local board charters, operating policies, and shareholder governance frameworks.

2. Payment Business Leadership

● Design and execute go-to-market strategies for cross-border payments and stablecoin remittances targeting both B2C and B2B use cases, through strategic partnerships with local Payment companies.

● Build and manage local banking relationships, payment service provider integrations,and correspondent partners for outbound/inbound remittance corridors.● Ensure strong liquidity operations, competitive pricing, and compliance with local foreign exchange and capital movement rules.

● Champion the adoption of crypto-fiat infrastructure for efficient, cost-effective international money movement.

3. Compliance & Risk Oversight

● Oversee Compliance, KYC, transaction monitoring, reporting, and other compliance operations, in coordination with Wello's group compliance and legal teams.

● Represent Wello Bahrain in regulatory meetings, industry groups, and strategic government engagements.

4. Strategic Growth

● Recruit and manage a high-performance team covering compliance, operations, and business development.

● Foster a culture of agility, responsibility, and customer-centric innovation.

● Report to the Wello Group and work closely with global leadership to ensure alignment across product, compliance, and growth.

Ideal Candidate Profile:

● Extensive knowledge of cross-border payments and remittance infrastructure (e.g.,SWIFT, stablecoins, PSPs, FX risk, liquidity management).

● 8+ years of experience in fintech, payments, banking, or crypto—with at least 3 years in a senior leadership role.

● Proven track record in launching or scaling regulated financial services in the Middle East.

● Experience working with or within financial institutions, central banks, or payment networks in the MENA region.

● Strong understanding of CBB regulations, local compliance frameworks, and banking/payment integrations.

● Entrepreneurial, hands-on leadership style with strong stakeholder management skills.

● Fluent in English; proficiency in Arabic is a strong advantage.

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