Compliance & Governance Manager (2022133) - Jeddah, المملكة العربية السعودية - Nahdi Medical Co.

وصف

Job Description

Manage the Compliance function and Governance with the aim of strengthening the control environment by promoting a healthy compliance culture. Support the Governance, Risk & Compliance (GRC) leadership team in defining and implementing the Governance, Risk & Compliance (GRC) strategy along with a robust implementation roadmap and presenting any identified risks/ shortcomings to the stakeholders.

Accountabilities

Support the GRC Leadership:

• Establish and develop overall corporate governance framework and including review of corporate polices and procedures to ensure that Nahdi's corporate governance framework is in line with leading standards and regulation.
• Establish and develop overall Compliance framework, scope and context including Policies and Procedures, all applicable regulatory requirements/ regulations to ensure that Nahdi's Compliance Management system is in line with leading standards and regulation.
• Raise the awareness for GRC and deliver live regular sessions to operational staff to facilitate improve Governance and Compliance awareness at Nahdi.
• Support the Chief Corporate Governance & Business Support Officer (CGGB) and GRC Senior Department Manager in any regulatory incident management investigation or any other ad-hoc investigation requests by Executive Leadership Team to ensure adequate response to an incident.
  
  

Operational:

• Review all the regulations identified by the stakeholder of different department Risk Champions and Business Owners, ensuring all key regulatory requirements are identified adequately.
• Identify emerging and new regulations and recommend remedial actions to ensure Nahdi is fully compliant with these regulations.
• Engage the GRC Leadership, Senior Management, Business Owners in discussions regarding events that could lead to potential losses or regulatory non-compliance.
• Facilitate and conduct compliance assessment workshops at regular intervals for the identification, assessment, management and monitoring of applicable regulations and accordingly actions to ensure compliance.
• Support the Business Owners in development and monitoring of departmental / functional Compliance Register.
• Obtain approval on compliance and governance treatment plans from the Business Owners and Senior Management, as required.
• Oversee the development of plans to address gaps in governance and regulatory compliance with the Business Owners. For action not completed escalate this to the GRC leadership and Executive Team.
• Monitor adherence to and effectiveness of the governance and compliance management processes and procedures within Nahdi Medical Company and escalate to the GRC Senior Department Manager if material deviations continue or recur.
• Prepare the initial draft for governance and compliance reports (for Executive and Non-Executive management) for GRC Senior Department Manager review and address comments.
  
  

Cross Functional Management:

• Monitor the Risk Champions in each department for Governance and Compliance activities. This will include but not limited to supporting the Risk and Business function in completing their respective duties such as identification of compliance requirements including governance arrangements and controls for adherence along with reviewing the treatment plans and arranging training if required.
• Manage the consultants and coordinate with the business for conducting compliance assessments, governance controls assessment to ensure accuracy and completeness in governance and compliance requirements.
• Manage the updates on compliance register and governance documents on an ongoing basis to ensure it is up to date.
• Keep abreast of key developments in the governance arrangements (in particular CMA requirements) and government regulations and latest standards, methodologies and techniques. In addition, ensure and promote governance and compliance culture across all business units.
  
  

Staff Management:

Monitor the performance of the Direct Reports through monitoring the KPIs achievement, coaching, following up any obstacles, provide performance feedback and conversations, coaching etc. to ensure the achievement of the set objectives.

• Guide junior staff members to promote their development.
  
  

Employee's duties are not limited only to the above-mentioned Accountabilities; he/she may perform other duties as assigned.

Work Environment

• Indoors : 90%
• Outdoors : 10%
• Working Days : 5 Working Days
• Days off : 2 Days Off
• Working Hours : 8:00 AM – 5:00 PM (1 hour break)
  
  

Job Requirement

Education

• BS Degree
• Preferred – Masters degree
  
  

Experience

• 5+ Years of Experience in Compliance or GRC function
• 2 Years of Managerial Experience
• Previous work experience in a corporate compliance function of a multinational organization (non-financials services sector) or with one of the top 4 auditing entities (PWC, EY, KPMG, Deloitte) or from well reputed leading organization. Extensive knowledge and exposure to regulations of Kingdom of Saudi Arabia (non-banking sector)
• Preferred – Corporate Governance experience in a reputed organization,
• Certification in Compliance (preferred)
  
  

Computer Skills

• MS Office Suite (Word, Excel and PowerPoint)
  
  

Languages

• English
• Arabic