Chief of Compliance & Integrity Division – Riyadh, Saudi Arabia

الرياض - السعودية

الراتب شهرياً: لم يكشف

تاريخ النشر: نُشرت قبل 2 ساعة

عدد الوظائف الشاغرة: 1 عدد الوظائف الشاغرة

سجل للتقديم

ملخص الوظيفة

A leading development finance client of ours with a strong regional presence is currently seeking to hire a Chief of their Compliance & Integrity Division to be based in Riyadh Saudi Arabia.

The successful candidate will be responsible for overseeing and monitoring the risks related to the compliance of BADEA’s operations with established policies and procedures as well as applicable laws and regulations. Provides the necessary support in the development and drafting of compliance and integrity policies guidelines and best-practice frameworks and follows up on their effective implementation.

Responsibilities:

Contribute to the preparation of periodic reports and required data in support of achieving BADEA’s compliance and integrity objectives and strategic aspirations.
Contribute to the design development and enhancement of the Compliance and Integrity Unit’s policies procedures and overall framework at BADEA and oversee the implementation of the approved framework to ensure the effectiveness and adequacy of established controls.
Participate in the development of compliance risk assessment criteria for BADEA in accordance with applicable laws regulations and international best practices adopted by comparable international financial institutions.
Oversee the assessment of compliance risks related to all financial and administrative transactions of BADEA.
Develop standards and methodologies related to Know Your Customer (KYC) and related due-diligence activities in line with recognized international best practices.
Identify and monitor changes in relevant laws regulations and regulatory requirements and periodically assess their impact on BADEA’s operations and compliance framework.
Conduct periodic reviews with department directors and section heads to assess compliance risks and recommend appropriate mitigation and corrective measures.
Develop maintain and update compliance risk analyses to support the effective management and monitoring of BADEA’s compliance risk indicators.
Prepare and submit periodic reports to Senior Management on identified compliance activities associated risks and corresponding action plans aimed at mitigating or reducing such risks.
Liaise and coordinate with staff of the relevant departments as required by the nature and needs of the work.
Coordinate and maintain effective working relationships with other departments within BADEA in line with operational requirements.
Engage and coordinate with external consultants where appointed for the purpose of reviewing and assessing risks at BADEA.
Perform any other related duties as may be assigned by Management from time to time.

Requirements:

A university degree in Accounting Economics Finance Business Administration or an equivalent discipline.
A master’s degree or equivalent professional qualification is preferred.
A recognized professional certification in Compliance and Integrity (such as CCEP CCO CRCMP) and/or in Anti-Money Laundering Counter-Terrorism Financing and related financial crimes (AML/CTF) or equivalent is preferred.
A minimum of six (6) years of relevant professional experience in a similar role preferably including at least two (2) years with comparable international or multilateral development institutions.
Full professional proficiency in Arabic in addition to English and/or French; proficiency in both English and French is considered an advantage.
Proficiency in the use of computers and information systems relevant to administrative and operational functions.
Strong capabilities in planning analysis assessment monitoring and benchmarking related to the functions of the unit.
Demonstrated skills in conflict management and dispute resolution.
Advanced ability in the preparation monitoring and follow-up of reports performance indicators and data analysis.
Proven capacity to plan prepare and oversee the implementation of approved operational programs and action plans of the unit.
Sound knowledge of relevant international regulatory and compliance frameworks including:
- Anti-Money Laundering Counter-Terrorism Financing and related financial crimes (AML/CTF).
- The U.S. Foreign Account Tax Compliance Act (FATCA).
- Politically Exposed Persons (PEP) lists and their implications for credit and risk-based decision-making.

Contractual Information:

Permanent.
Willing and able to relocate to Saudi Arabia for the opportunity.

If you wish to apply for the position please send your CV to Scott Fraser at .

Please visit for more exciting opportunities.

A leading development finance client of ours with a strong regional presence is currently seeking to hire a Chief of their Compliance & Integrity Division to be based in Riyadh Saudi Arabia. The successful candidate will be responsible for overseeing and monitoring the risks related to the complianc...

A leading development finance client of ours with a strong regional presence is currently seeking to hire a Chief of their Compliance & Integrity Division to be based in Riyadh Saudi Arabia.

Responsibilities:

Contribute to the preparation of periodic reports and required data in support of achieving BADEA’s compliance and integrity objectives and strategic aspirations.
Contribute to the design development and enhancement of the Compliance and Integrity Unit’s policies procedures and overall framework at BADEA and oversee the implementation of the approved framework to ensure the effectiveness and adequacy of established controls.
Participate in the development of compliance risk assessment criteria for BADEA in accordance with applicable laws regulations and international best practices adopted by comparable international financial institutions.
Oversee the assessment of compliance risks related to all financial and administrative transactions of BADEA.
Develop standards and methodologies related to Know Your Customer (KYC) and related due-diligence activities in line with recognized international best practices.
Identify and monitor changes in relevant laws regulations and regulatory requirements and periodically assess their impact on BADEA’s operations and compliance framework.
Conduct periodic reviews with department directors and section heads to assess compliance risks and recommend appropriate mitigation and corrective measures.
Develop maintain and update compliance risk analyses to support the effective management and monitoring of BADEA’s compliance risk indicators.
Prepare and submit periodic reports to Senior Management on identified compliance activities associated risks and corresponding action plans aimed at mitigating or reducing such risks.
Liaise and coordinate with staff of the relevant departments as required by the nature and needs of the work.
Coordinate and maintain effective working relationships with other departments within BADEA in line with operational requirements.
Engage and coordinate with external consultants where appointed for the purpose of reviewing and assessing risks at BADEA.
Perform any other related duties as may be assigned by Management from time to time.

Requirements:

A university degree in Accounting Economics Finance Business Administration or an equivalent discipline.
A master’s degree or equivalent professional qualification is preferred.
A recognized professional certification in Compliance and Integrity (such as CCEP CCO CRCMP) and/or in Anti-Money Laundering Counter-Terrorism Financing and related financial crimes (AML/CTF) or equivalent is preferred.
A minimum of six (6) years of relevant professional experience in a similar role preferably including at least two (2) years with comparable international or multilateral development institutions.
Full professional proficiency in Arabic in addition to English and/or French; proficiency in both English and French is considered an advantage.
Proficiency in the use of computers and information systems relevant to administrative and operational functions.
Strong capabilities in planning analysis assessment monitoring and benchmarking related to the functions of the unit.
Demonstrated skills in conflict management and dispute resolution.
Advanced ability in the preparation monitoring and follow-up of reports performance indicators and data analysis.
Proven capacity to plan prepare and oversee the implementation of approved operational programs and action plans of the unit.
Sound knowledge of relevant international regulatory and compliance frameworks including:
- Anti-Money Laundering Counter-Terrorism Financing and related financial crimes (AML/CTF).
- The U.S. Foreign Account Tax Compliance Act (FATCA).
- Politically Exposed Persons (PEP) lists and their implications for credit and risk-based decision-making.