Risk & Compliance Advisor/ Specialist - Dhahran, المملكة العربية السعودية - Waed Ventures

وصف

Basic Function

To perform the Governance, Risk & Compliance activities of the company.

Job Scope

This position will be responsible for all the matters relating to the Risk and Compliance of the Company.

Job Description

Risk Management & Reporting

• Prepare quarterly reporting on Enterprise Risk Management (ERM) to Saudi Aramco through the Archer system.
• Prepare the risk submissions for the mid-year and Year-end accountability reporting to Saudi Aramco.
• Prepare a Bi-annual Risk Radar report and present it to the Wa'ed Board Audit and Risk committee

Policy, Process, and Controls

• Act as an SME on all Wa'ed's policies and advise on policy interpretation matters.
• Ensure process documentation/flowcharts of each department are reflective of the current process (review whenever a process document is updated). Provide guidance to each department/ process owner.
• Perform periodic Process & Controls Self-Assessment.
• Update process level Risk register as and when required (RACM)

Coordinate and support external auditors for policy and process matters

Ethics & Regulatory Compliance Framework (ERCF)

• Act as a point of contact and gatekeeper for coordination with the SAO law department for the implementation of ERCF
• Manage all the documentation and communication through emails and the SAO External File Transfer (EFT) system
• Send a communication to Wa'ed staff for launching all the ERCF policies and General Instructions (GIs)
• Work with Wa'ed IT to create training links for Wa'ed staff
• Track completion of all training by Wa'ed staff and report back to SAO
• Be the SME and advisor for Wa'ed staff on all ERCF matters

Advisory on Governance documents and other compliance matters

• Act as SME on SH mandate, Articles of Association, Delegation of Authority (DoA), and other governance documents and advise on interpretation matters.
• Act as a point of contact and coordinator for SAO Internal Audit – Ensure all Internal audit recommendations are closed within the time frame specified in the final audit report.
• Review contracts and agreements for policy compliance
• Provide/ coordinate training and guidance to staff on risk, controls & governance matters

Documentation Control

• Ensure the critical documentation by each department is filed in an auditable manner and as per the requirements of the respective policies.
• Ensure the signed/ legally enforceable documents are safely filed in a fire safe locker.
• Ensure data classification and data protection guidance are practiced.

Requirements

Academic and Professional Qualifications (minimum) and Experience

• Bachelor of Law or Finance or any related Major
• Experience 3-5 Years