Senior Associate

7 days ago


Riyadh, Saudi Arabia D360 Bank Full time

Senior Associate - Regulatory Compliance

The Compliance Senior Officer supports the implementation of controls, compliance checks, and compliance processes including advisory, compliance monitoring, and responses to compliance-related inquiries. He/she executes tasks as per defined procedures to ensure regulatory compliance across D360 and their assigned areas, and escalates to the Head of Regulatory Compliance, and/or other relevant stakeholders. He/she will work with the Head to maintain Compliance processes and procedures.

**Responsibilities**
- Supports Control and monitors all SAMA observations and coordinates with concerned internal stakeholders to ensure the proper closure and alignment with the target date.
- Conduct routine review and monitoring based on established procedures to ensure all related rules and regulations have been embedded.
- Collaborate with other Functions to direct compliance issues to appropriate existing channels for investigation and resolution.
- Work with the Head to identify potential areas of compliance vulnerability and risk, and develop and implement corrective action plans.
- Monitor communication channels for compliance queries, and advise/escalate to relevant stakeholders
- Participate in resolving regulatory issues that emerge from the information requirements of internal and external stakeholders.
- Advise internal clients and stakeholders on compliance resources and references
- Works with Functions in the development of products, partnerships, and technology platforms, and with onboarding clients to ensure that regulatory compliance is built into the process.

**Qualifications**

**Preferred Qualifications**

A tertiary-level qualification from an internationally/regionally recognized institution.

**Years & Nature of Experience**
- Would have 3 to 5 years of equivalent experience where required competencies and experience has been demonstrated
- An experienced professional who can deliver on difficult technical tasks
- Has project implementation experience
- Is self-sufficient at work and could be given small project responsibility
- Has provided technical supervision to junior staff in the past

**Technical Competencies**
- Data Collection and Analysis
- Compliance Monitoring and Surveillance
- Research and Information Structuring
- Risk and Compliance Reporting

**Behavioural Competencies**
- Communication
- Teamwork
- Interpersonal Skills
- Problem Solving

Job ID 300000022559177


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