Compliance & Monitoring Specialist

2 weeks ago

Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full time
Job Purpose

To oversee the day-to-day management of compliance and monitoring of credit, market, liquidity and ALM risk limits. This also

includes all activities related to the Middle Office function and regular monitoring of exposures and reporting on breaches to

limits. Monitor currency mix of the bank to maintain alignment with the SDR currency basket and oversee all activities pertaining

to FPPA's role as Secretariat to ALCO including preparation of the ALCO pack. Work with IMDT and concerned service

providers for maintaining and enhancing the systems used by the Middle Office function from compliance and business

perspectives.
Key Accountabilities

Compliance and Monitoring:

  • Oversee the delivery of Middle Office function that includes thirdparty creation, maintenance of static data, market data, ratings and sector data, blotter monitoring, and limits management.
  • Report regularly to concerned departments and to ALCO on breaches to credit, concentration, market and liquidity limits defined by the respective policies, guidelines and authorities.
  • Oversee continuous monitoring and reporting on profitrate, currency and other market risks inherent in the financing, investing, funding and hedging operations of the bank.
  • Oversee weekly monitoring of the currency mix of the bank to maintain alignment with the SDR currency basket and report to treasury on deviations from the neutral positions and actions required to address these deviations.
  • Oversee all activities pertaining to FPPA's role as Secretariat to ALCO including preparation of the ALCO pack, regular and other agenda items, and followup actions.
  • Collaborate with the Planning and Analytics unit to undertake detailed review and assessment of the market and liquidity risk profiles including credit quality of the liquid fund's portfolio, duration mismatch between assets and liabilities, currency mismatch, static and dynamic repricing gap analysis, stress testing, sensitivity, etc.
  • Work closely with IMDT Department to enhance the functionality of the systems used by Middle Office and to develop/generate reports to enhance the regular monitoring and reporting on compliance with limits.
  • Coordinate with other departments within the Finance Complex on data and functionality of Middle Office systems to meet regular and adhoc business and compliance requirements.
  • Propose enhancements to processes and systems used by compliance and monitoring function and work on hiring and managing consultants, when needed, for this purpose.

Operational Excellence:

  • Provide technical guidance to the lesser experienced team members and review their work.
  • Monitor effective implementation and adherence to the respective financial management policies, procedures and controls so that all relevant procedural requirements are fulfilled.
  • Keep abreast with the latest developments, regulations and leading practices in the field and proposes any necessary actions.
  • Propose and implement process improvements to increase efficiency, effectiveness and compliance of the related operations.
Education, Certification & Experience

Academic and professional qualifications:

  • Bachelor's degree in Finance, Financial Analysis or related field. Certification in FRM, PRM or CFA would be preferred.
  • Minimum 5 years of experience in middle office, treasury or risk management or related field.
Skills & Necessary Knowledge

  • Building Relationships
  • Motivation to Learn and Share
  • Passion for Excellence
  • Analytical Thinking
  • Problem Solving
  • Financial Management
  • Advanced knowledge of money/currency markets.
  • Advanced knowledge of risk management, treasury function, and compliance

  • Compliance & Monitoring Specialist

    2 weeks ago

    Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full time

    IDB3231 - Compliance & Monitoring Specialist Business Unit: Finance & CFO Division: Financial Analysis & Compliance Job Purpose: To oversee the day-to-day management of compliance and monitoring of credit, market, liquidity and ALM risk limits. This also includes all activities related to the Middle Office function and regular monitoring of exposures and...

  • Compliance Specialist

    2 weeks ago

    Jeddah, Makkah Province, Saudi Arabia Depo Full time

    We are looking for a Compliance Specialist to join our team and ensure that our organization is in compliance with all regulations, laws, and policies. Compliance Specialist responsibilities include delivering employee training, evaluating compliance activities, and acting as a liaison between the organization and various government agencies. Ultimately, you...

  • Discharge Billing Supervisor

    2 weeks ago

    Jeddah, Makkah Province, Saudi Arabia Drn Fakeeh Hospital Full time

    Open Position: Salesforce Marketing Automation Specialists (MNC Financial Company)An MNC Financial Company is looking for Salesforce Marketing Automation Specialists is to build out Campaign strategy as well as execute campaigns through Salesforce Marketing Cloud.Key responsibilities include:Responsible to design and develop various Salesforce Marketing...

  • Senior Compliance

    2 weeks ago

    Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full time

    IDB3230 - Senior Compliance & Monitoring SP Business Unit: Finance & CFO Division: Financial Analysis & Compliance Job Purpose: To oversee the day-to-day management of compliance and monitoring of credit, market, liquidity and ALM risk limits. This also includes all activities related to the Middle Office function and regular monitoring of exposures and...

  • Compliance Manager

    2 weeks ago

    Jeddah, Makkah Province, Saudi Arabia CORE3 Consultancy Full time

    Assist the Head of Governance Risk and Compliance Department by drafting the Compliance Functions objectives in accordance with the Companys overall strategic objectives mission vision and plans. Ensure that all compliancerelated activities are in line with the KCRs objectives. Lead the development of Compliance Framework and ensure effective implementation....

  • Compliance Director

    2 weeks ago

    Jeddah, Makkah Province, Saudi Arabia ABBVIE Full time

    Summary:The Compliance Director for Saudi is a member of the local Affiliate Management Team and reports through the AbbVie Office of Ethics & Compliance Organization. He/she is responsible for providing leadership and direct oversight for AbbVie's compliance program in Saudi.The Compliance Director role will include the continued enhancement of the Local...

  • Compliance Manager

    2 weeks ago

    Jeddah, Makkah Province, Saudi Arabia Jamjoom pharma Full time

    Jamjoom Pharma has in a very short span of time emerged, as one of the leading pharmaceutical companies in the Afrasia region. The geographical focus of the company is on countries in the Middle East, Africa, and CIS regions. Strategic focus on selected therapeutic categories has contributed to the rapid growth, market acceptance, and overall success of the...

  • Fulfillment Coordinator

    2 weeks ago

    Jeddah, Makkah Province, Saudi Arabia Trella Full time

    Note Apply link will take you to an external website. About UsReady to change the world? We're reinventing freight and logistics at Trella. Backed by a number of leading VC companies (YC, Maersk Growth, Algebra Ventures and Raed Ventures) and we're looking for the best talent out there to help us build and scale our product offering. We aspire to create a...

  • Compliance (Tpa)

    2 weeks ago

    Jeddah, Makkah Province, Saudi Arabia Bupa Arabia Full time

    Maintain a constructive relationship with Bupa Arabia TPA key regulators for an effective regulatory risk management Establish an operating consistency with Bupa Arabia TPA regulators (mainly SAMA and CCHI) by sharing updates, seeking clarifications/advice and reporting market trends Ensure all regulatory queries/requests for information are addressed...

  • Governance and Compliance Manager

    2 weeks ago

    Jeddah, Makkah Province, Saudi Arabia BinDawood Holding Full time

    Job Summary:As the Compliance and Governance Manager, you will be reporting to the Chief Audit and GRC Officer and will be responsible for ensuring that BinDawood Holding and its subsidiaries adhere to all relevant laws, regulations, internal policies, governance and ethical standards. The candidate will also be responsible for enforcing regulations in all...

  • Compliance & Regulatory Senior Specialist

    2 weeks ago

    Jeddah, Makkah Province, Saudi Arabia Red Sea Global Full time

    Be the change. Join the world's most visionary developer.Red Sea Global (RSG) is showing that there is a better way to positively shape the places we live, work and travel.We are purpose-driven and committed to people and planet. Our transformative programs are a driving force to achieving Vision 2030, as well as leading the world towards regenerative...

  • Senior Compliance Counsel

    2 weeks ago

    Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full time

    To contribute to the provision of effective and efficient compliance services with the aim of achieving the IsDB's purpose, goals, and objectives. Protect the interest of the bank and design ways and means to mitigate and manage compliance risks relating to the activities of the Bank. Key Accountabilities: Review and evaluate existing compliance policies,...

  • Senior Compliance Counsel

    2 weeks ago

    Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full time

    Job Purpose:To contribute to the provision of effective and efficient compliance services with the aim of achieving the IsDB's purpose, goals, and objectives. Protect the interest of the bank and design ways and means to mitigate and managecompliance risks relating to the activities of the Bank.Key Accountabilities Review and evaluate existing compliance...

  • HR Operations Specialist

    2 weeks ago

    Jeddah, Makkah Province, Saudi Arabia AlUla Club Full time

    Join Alula Club and let your journey to success Begin.Alula Club was established in 1981, it's the sport destination for Alula-Governorate, Alula Club became Fully owned by the royal Commission for Alula in April 2023.Discipline, Respect, Responsibility, Loyalty, sustainability, ambition, these are the principles in Alula Club.And one of the greatest...

  • Senior Specialist

    4 weeks ago

    Jeddah, Makkah Province, Saudi Arabia Parsons Corporation Full time

    Job Description:Parsons is looking for a Senior Specialist - Civil (Waterproofing) to play a key role in constructing an Oceanarium, ensuring all civil structures are effectively waterproofed to withstand the challenges of housing marine life. The Senior Specialist will collaborate with architects, structural engineers, and contractors to implement...

  • Senior Specialist

    1 month ago

    Jeddah, Makkah Province, Saudi Arabia Parsons Corporation Full time

    Job Description:Parsons is looking for a Senior Specialist - Civil (Waterproofing) to play a key role in constructing an Oceanarium, ensuring all civil structures are effectively waterproofed to withstand the challenges of housing marine life. The Senior Specialist will collaborate with architects, structural engineers, and contractors to implement...

  • Partnership Specialist

    2 weeks ago

    Jeddah, Makkah Province, Saudi Arabia Maximus Gulf Full time

    Jeddah , Saudi Arabia Posted 5 days ago Expires in 2 months Join Our Team as a Partnership SpecialistAre you passionate about making a positive impact in your community? Do you thrive on building strong relationships and partnerships? If so, we have the perfect opportunity for youPosition Overview: As a Partnership Specialist, you will play a vital role in...

  • Associate Manager, Compliance Operations Section

    2 weeks ago

    Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full time

    IDB3185 - Associate Manager, Compliance Operations Section Business Unit: Director General - General Counsel Division: Not Applicable Department: Not Applicable Job Purpose: Job Purpose: Under the supervision and direction of the Compliance Manager to:• Participate in the designing, development and effective implementation of Compliance policies...

  • Project Management Specialist

    2 weeks ago

    Jeddah, Makkah Province, Saudi Arabia King Faisal Specialist Hospital and Research Centre Full time

    Responsibilities:Responsible for establishing and forecasting total program costs, monitoring change orders, and collaborating with stakeholders.Essential Responsibilities and Duties:Monitors and controls project costs, coordinates project activities, and ensures compliance with project management standards.Collaborates with the project manager to understand...

  • Expeditor - Specialist (Saudi National)

    2 weeks ago

    Jeddah, Makkah Province, Saudi Arabia Parsons Full time

    Position Overview:Parsons is seeking a highly skilled Expediting Specialist to join our team for a large-scale infrastructure construction project. The Expediting Specialist will play a crucial role in ensuring the timely delivery of materials and equipment required for the project, while maintaining high standards of quality and compliance with project...