Compliance Manager

2 weeks ago


Jeddah, Makkah Province, Saudi Arabia proven Full time
Benefits

Maintaining the company's reputation and credibility through
fulfilling the requirements of the regulators concerned (compliance,
anti-money-laundry, terrorism financing, and interior inspection). Maintaining
the fundamental values of Saudi Enaya and setting the confidence and integrity
between the company and its customers. Managing and fortifying relationships
with the regulators concerned.

Responsibilities
  • Warding off the non-compliance risks.
  • Managing and preparing the work plans to verify the
    company's compliance with all regulators' requirements: anti-money-laundry
    laws, terrorism finance, Capital Market Authority, and Ministry of Trade
    towards the board of directors and shareholders. Managing and regulating the
    regular and irregular general assemblies for the shareholders.
  • Managing and preparing the work plans for the internal
    inspection processes of the branches, selling points, divisions, and
    departments to verify their compliance with all laws, instructions, and
    internal policies and procedures.
  • Managing and controlling each of the following divisions:
    (Compliance and anti-money-laundry, shareholders affairs, governance and
    disclosure, and internal inspection).
  • Managing and fortifying relationships and representing the
    company before regulators: Insurance Authority, Council of Health Insurance,
    Capital Market Authority, Ministry of Commerce, Ministry of Labor, Saudi
    Exchange, Ministry of Interior – Financial Investigation Unit, any other
    authority.
  • Approving the policies and procedures of anti-money-laundry,
    compliance division, shareholders' affairs division, governance and disclosure,
    and internal inspection division. Submitting the Quarterly and annual reports
    to the audit committee on the degree of the company compliance with the laws of
    all regulators and instructions and the result of inspections.
  • Providing support, education, and training to staff to build
    compliance awareness within the organization
Experience & Qualification
  • Bachelor's degree in business or law.
  • 3-5 years experience in senior position in combating money
    laundering, fraud, or compliance in insurance companies or financial
    institutions.
  • Certified Compliance Officer (CCO), knowledge of country
    laws, rules, and regulations, knowledge of SAMA Regulations Banking or
    Insurance background and experience are preferred.

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