Title: Senior Manager, Compliance Location: Riyadh, Saudi Arabia
About the ClientOur client, a leading financial group, is seeking a Senior Manager, Compliance to join their team. You will be responsible for steering the development and implementation of extensive compliance initiatives, ensuring the organization aligns with regulatory standards and internal policies.
Key ResponsibilitiesDevelop and implement compliance policies and procedures to ensure adherence to regulatory requirements and internal standardsConduct regular risk assessments to identify potential compliance risks and develop strategies to mitigate them.Lead internal audits and continuous monitoring to assess the effectiveness of compliance controls and identify areas for improvement.Provide training and guidance to staff on compliance matters, fostering a culture of compliance throughout the organization.Maintain effective relationships with regulatory bodies, ensuring timely and accurate reporting of compliance-related matters.Prepare and present compliance reports to senior management, highlighting key issues and mitigation efforts.
Key RequirementsMinimum of 7 years in a compliance role within the financial services industry, with at least 3 years in a leadership position.Due to nationalisation, this role requires a Saudi national In-depth understanding of local and international financial regulations, including anti-money laundering (AML), combating the financing of terrorism (CFT), and other relevant compliance standards.Proven ability to lead and develop a compliance team, fostering a culture of integrity and accountability.analytical and problem-solving skills, with the ability to assess complex compliance issues and implement effective solutions.Excellent verbal and written communication skills, with the ability to interact effectively with senior management and regulatory bodies.
