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 related to Anti-Money Laundering, Combating the Financing of Terrorism, KYC, Sanctions, and Taxation.

• Manage attending to compliance issues applicable to IsDB operations, including ascertaining compliance needs in procurement, project implementation, and develop a Manual of Procedures covering all IsDB business activities and benchmark internal policies with the international standards.

• Lead in establishing linkages and enhancing cooperation with other MDBs and standard-setting organizations in compliance-related issues; and Manage under the supervision of the Manager dealing with the exemptions, immunities, privileges and compliance with international standards & regulations. Key Accountabilities:

Strategic and Operational Responsibilities:

• Participate in the preparation of strategic annual work plans, resource planning and annual budget plans for the Compliance Unit.

• Participate in the development and effective implementation of IsDB Group policies, procedures and institutional statements related to AML/CFT/KYC/Taxations/Sanctions in accordance with international standards and MDBs practices.

• Participate in the formulation and development of action plans in conjunction with the relevant departments to establish an effective compliance mechanism across the IsDB Group.


• Lead the evaluation and monitoring of existing procedures and develop new procedures, systems and controls in an MDBs environment to ensure compliance with the current AML/CFT requirements.

• Lead the evaluation and monitoring of existing legal documents of the IsDB Group from the compliance risks mitigation point of view and make recommendations for improvements.

• Lead in establishing contacts and cooperation with specialized international/regional organizations related to AML/CFT and obtain memberships/observer status for IsDB at the relevant international organizations.

• Lead in establishing communication channels with the Compliance functions of other and partner MDBs/IFIs for mutual cooperation and capacity development initiatives.

• Lead in obtaining recognition of internationally exempted status for IsDB Group and securing immunities and privileges on par with other MDBs.

• Lead the preparation of AML/CFT reporting metrics for the Senior Compliance and Management Committees and Board etc.

• Lead in assisting IsDB Member Countries to address AML and CFT risks, establishing contacts and cooperating with specialized international/regional organizations in the common Member Countries.

• Lead in the standardization and harmonization of institutional statements for counterparties' related enquiries.

• Participate in the relevant committees' meetings, audits and examinations specific to AML/CFT/Taxations/Sanctions etc., to check and monitor potential exposure to reputational risks at different rent levels of the projects.

• Lead in the selection and procurement of screening tools and systems related to AML/CFT/Taxations/Sanctions/ risk mitigation etc., and regularly check its efficiency and effectiveness.

• Lead the establishment of record keeping system and local database etc.

• Keep abreast with the latest and emerging compliance issues and recommend appropriate measures to control and mitigate compliance risks within IsDB Group.

• Represent the IsDB Group at various external fora, including regional and international events organized by the FATF, MDBs, etc., to establish a strong image of the IsDB Group.

• Conduct / organize training and awareness programs for the relevant IsDB staff on a regular basis to promote and improve the organization's pro-compliance culture and ethical business decision-making at every level.

• Regularly organize trainings for the staff of Operations Complex.

Academic and professional qualifications: Academic and professional qualifications:
• Master's degree in Law/ Economics/ Business Administration or related discipline.

• Professional training in Compliance/ banking regulations.

• Minimum 8 years of relevant experience in legal or compliance work in the banking sector, of which 3 years in the supervisory role. Skills & Necessary Knowledge: Skills & Necessary Knowledge:
• Expertise in MDB's compliance matters, e.g. sanctions, financial transactions, AML, CFT, KYC, taxation, legal status, business, immunities, and privileges.

• Appropriate knowledge of operations, project management, project finance and project procurement system of international financial institutions.

• Expertise in the preparation of work plans, periodic reports and budgets.

• Expertise in the development of policies, procedural guidelines, and institutional statements.

• Expertise in compliance risk mitigation in legal documentation.

• Knowledge of compliance-related software applications.

• Islamic Finance.

• Legal advisory.

• Training and capacity development skills.

• Computer skills with expertise on MS Office. #J-18808-Ljbffr

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

    IDB3091 - Associate Manager, Annual Meeting Management Business Unit: President Complex Division: Board Governance and Services Department: Group GeneralSecretariat Job Purpose: The Associate Manager of the Annual Meetings Section, in compliance with internal guidelines, provides strategic and operational leadership to the team in transforming,...


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

    Job PurposeThe Associate Manager of the Annual Meetings Section, in compliance with internal guidelines, provides strategic and operational leadership to the team in transforming, innovating, and managing IsDB Group's EventsKey Accountabilities Provide strategic direction, industry bestpractices, and functional, technical and program anagement guidance to...


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

    Job PurposeThe role is responsible for providing expert level advice on legal issues related to the IsDB's Operations' activities in the relevant Region (AFRICA Region/MENA Region/ASIA Region) including public and private sector financings (including Public Private Partnership and non-sovereign guaranteed financing), special and trust funds, contract...


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

    SECTION I:JOB PURPOSEThe role will be responsible for implementing ITFC's credit administration and Operational Risk Management policies, by processing transactions tickets, monitoring compliance and reporting unresolved issues. This will include credit limits/amendment tickets validation in the system at the level of maker, feeding the operational risk...

  • 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...


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

    Ensures that ample supplies of hygienically clean linen are provided to the Hospital and measures production to establish facility benchmarks that are achieved daily, weekly, monthly and yearly.Essential Responsibilities and Duties:Manages the daily operational activities of the section.Ensures that a preventive maintenance program for all equipment is in...


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

    IDB3186 - Senior Associate, Office of the CEO Business Unit: ITFC Division: Not Applicable Department: Not Applicable SECTION I: JOB PURPOSE: This position provides technical expertise, efficient coordination, and effective communication within the CEO's office. This role ensures the CEO's access to information, manages administrative tasks, and supports...


  • Jeddah, Makkah Province, Saudi Arabia Merge Recruitment Agency Full time

    Manager of Surveying engineering Section Participates in the establishment of strategies, policies and goals for the company, as well as for the Business Unit. Derives and develops medium and short-term plans and executive programs to manage and achieve Business Unit's goals.Advises top management on strategic business developments, key corporate planning...

  • 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....


  • Jeddah, Makkah Province, Saudi Arabia Merge Recruitment Agency Full time

    Manager of Electrical Engineering Section Directs the Electrical section and leads engineering duties related to planning and designing the appropriate type of electrical system, electrical devices (eg. circuit, wiring systems, lighting systems, electronic information systems and electrical equipment and components) that fit with the other mechanical systems...


  • Jeddah, Makkah Province, Saudi Arabia Afaq - Warehouse Branch - J02 (Amazon) Full time

    DESCRIPTIONThe Global Hiring Quality (GHQ) team within Workforce Staffing (WFS) verifies that our hiring processes and tech products are controlled and yield results aligned with customer specifications, driving a frustration-free hiring experience for all candidates worldwide. When defects do occur, the GHQ team will institute mechanisms that immediately...


  • Jeddah, Makkah Province, Saudi Arabia Antal International Full time

    JOB SUMMARYExperienced and dynamic Adult Emergency Medicine Section Head to join one of the esteemed healthcare teams. As a key leader in the Emergency Department, you will be responsible for providing immediate and specialized care to patients in critical conditions. Your expertise will be pivotal in coordinating rapid assessments, implementing life-saving...


  • Jeddah, Makkah Province, Saudi Arabia Archirodon Group N.V Full time

    Archirodon , having earned its reputation as a reliable and respected international contractor for more than a half century in the Engineering, Procurement and Construction (EPC) market, continues to create value to its stakeholders by executing complex EPC projects worldwide, in recognition of its superior standards of performance.We have an outstanding...

  • Compliance Manager

    2 weeks ago


    Jeddah, Makkah Province, Saudi Arabia proven Full time

    BenefitsMaintaining the company's reputation and credibility throughfulfilling the requirements of the regulators concerned (compliance,anti-money-laundry, terrorism financing, and interior inspection). Maintainingthe fundamental values of Saudi Enaya and setting the confidence and integritybetween the company and its customers. Managing and fortifying...


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

    IDB3114 - Associate, Organizational Support [Third-Party Contract] Business Unit: ITFC Division: Not Applicable Department: Not Applicable SECTION I: JOB PURPOSE: This role is responsible for the efficient implementation of all internal activities and services of the Organizational Support at ITFC in adherence with the established directives and...


  • Jeddah, Makkah Province, Saudi Arabia Archirodon Group N.V Full time

    Archirodon , having earned its reputation as a reliable and respected international contractor for more than a half century in the Engineering, Procurement and Construction (EPC) market, continues to create value to its stakeholders by executing complex EPC projects worldwide, in recognition of its superior standards of performance. We have an outstanding...


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

    IDB3133 - Senior Associate, Digital Innovation & FinTech Solutions Business Unit: ITFC Division: Not Applicable Department: Not Applicable SECTION I: JOB PURPOSE: SECTION I: JOB PURPOSE: This role is responsible for converting business architectures to fully integrated digital platforms as per ITFC's digital strategy. This role will work collaboratively...


  • Jeddah, Makkah Province, Saudi Arabia Merge Recruitment Agency Full time

    • Directs the Piping and Plumbing section and leads engineering duties related to planning and designing pumps and piping systems and selecting the right type and size of pumps (including but not limited to: water, water treatment and sewage systems) taking into consideration the principles of design, hydraulics and fluid ) to ensure that mechanical...


  • Jeddah, Makkah Province, Saudi Arabia Riverside Enterprises Full time

    4 Color Offset Printing Machine Operator Riverside Enterprises, Saudi Arabia Operators with an experience on Muller Martini Pronto and reputed 3 to 4 color machines like Rototech, Global or Sanden, Hidelberg, Rolland will be given preference , Sheet fed printing machine operators can also apply. Operator should be in a position to handle the machine...

  • Demi Chef de Partie

    2 weeks ago


    Jeddah, Makkah Province, Saudi Arabia Rosewood Hotel Group Full time

    Job Description:Press space or enter keys to toggle section visibility EssentialResponsibilities: Organizes and sets up the assigned section of the kitchen as efficiently as possible to increase speed and maximize productivity. Ensures that all dishes from that section are prepared consistently and according to standard recipes. Assists the Senior Chefs in...