Head of Compliance and Governance

at  RS Recruitment

R
Posted by
Rak Sudra
Recruiter
Lead in directing the Compliance activity. Responsible to formulate, develop and execute Compliance review in accordance with the Compliance framework. Responsible for maintaining effective working relation with the Executive and Operating Management. Undertake awareness sessions for relevant stakeholders.
Assist in directing the Compliance activity.
Responsible to formulate, develop and execute Compliance review in accordance with the Compliance framework.
Responsible for maintaining effective working relation with the Executive and Operating Management.
Undertake awareness sessions for relevant stakeholders.

5. JOB REQUIREMENTS ACADEMIC QUALIFICATIONS

• Bachelor’s degree
• Relevant professional qualification (CA/CPA/CIA/MBA/CISI). Professional qualification in Law is preferred

PROFESSIONAL EXPERIENCE

• Minimum 5 years of Compliance or related experience in the UAE/GCC OTHER

SKILLS/REQUIREMENTS

• Excellent command of written and oral English and Arabic
• Proficient in using MS Office
• Strong interpersonal skills and communication skills 6.

TECHNICAL AND CORE COMPETENCIES COMPETENCY COMPETENCY LEVEL

• Working with People
• Adhering to Principles and Values
• Presenting and Communicating Information
• Writing and Reporting
• Analysing
• Delivering Results and Meeting Customers’ Expectations

• Essential • Coping with Pressures and Setbacks

• Desirable Job Description Compliance Manager

• Planning and Organizing • Relating and Networking

3. KEY DUTIES & RESPONSIBILITIES

1. Develop and implement the Compliance Framework to verify compliance with applicable laws and regulations.
2. Develop an annual Compliance Plan enumerating the Build/Update and Review activities to be undertaken.
3. Assist in developing compliance budget and resource requirements.
4. Obtain annual Self-Declarations from management and report on any material compliance breaches.
5. Conduct compliance reviews and identify compliance breaches.
6. Present compliance review findings, analysis, and recommendations to management on a periodic basis.
7. Assist THE Head of Risk & Compliance to report findings, recommendations, and management response to Audit Committee.
8. Summarise compliance related information as per Annual Corporate Governance Report requirements.
9. Liaise with Chief Corporate Affairs Officer and other stakeholders including VC & CEO, Group Legal Advisor, General Managers / Legal Officers of Sub Holding companies and subsidiaries to build a compliance library of applicable laws.
10. Understand regulatory requirements and conduct awareness sessions for relevant stakeholders to facilitate compliance with applicable laws and regulations.
11. Maintain a working knowledge of relevant laws and regulations through periodicals, seminars, training programs, and peer contacts.
12. Review regulatory updates and communicate changes to Head of Risk & Compliance, Chief Corporate Affairs Officer, and other relevant stakeholders.
13. Liaise with Chief Corporate Affairs Officer to obtain clarifications on laws and regulations from regulatory authorities.
14. Update the compliance checklist based on changes communicated by the regulators.
15. Coordinate with Risk Management resources to determine the compliance risks for updating the compliance risk registers, checklists etc.
16. Appraise the adequacy of action taken by operating management to correct reported deficient conditions.
17. Conduct review of Annual Corporate Governance report prior to the Company’s submission to regulatory authorities.
18. Support Chief Corporate Affairs Officer on General Assembly activities and whenever requested. Job Description Compliance Manager
19. Pursue professional development opportunities, including external and internal training and professional association memberships.
20. updates to the AMPL Policy and Procedures
21. Provide guidance to Company Real Estate entities in case of any clarifications or queries with respect to the implementation of AML Policy and compliance with AML regulations.
22. Provide guidance to Company Real Estate entities in completion of surveys issued by UAE Supervisory Authorities (Ministry of Economy, Financial Intelligence Unit, etc.).
23. Implement AML/CFT policies, procedures, and controls to ensure compliance with all applicable laws and regulations
24. Perform any other duties assigned by direct manager.

4. COMMUNICATION CHANNELS INTERNAL COMMUNICATION PURPOSE

1. Chief Corporate Affairs Officer
2. Chief Internal Audit Officer
3. Group Legal Advisor
4. Legal Officers of Sub Holding companies and subsidiaries
5. General Managers, Head of Departments, Managers, and all department employees

EXTERNAL COMMUNICATION PURPOSE

1. Regulatory Authorities
2. To obtain clarifications on laws & regulations