Regulatory Compliance Professional

3 days ago


Riyadh, Ar Riyāḑ, Saudi Arabia SingleView Full time
Job Description

The primary focus of this role is to safeguard SingleView's interests and ensure adherence to relevant laws, regulations, and internal policies.

About the Role

This position involves reviewing work from various departments to guarantee compliance with applicable laws and regulations. Additionally, it entails monitoring internal policies and suggesting necessary updates or amendments.

Key Responsibilities
  1. Liaison with Departments: Collaborate with other departments to ensure their work complies with regulatory requirements.
  2. Policies and Procedures: Monitor and review internal policies, proposing changes as needed to maintain compliance.
  3. Consultations: Provide technical and legal advice to all departments within the company.
  4. Legislative Analysis: Analyze legislation and propose rules, regulations, and their amendments.
  5. Compliance Universe Administration: Manage the risk universe related to compliance.
  6. Inspection Planning: Develop an annual inspection plan, including approach, coverage, and sample selection.
  7. Reporting: Prepare and oversee inspection reports.
  8. Schedule for Compliance: Create a schedule based on internal inspection results.
  9. Circulars and Notifications: Ensure compliance with new circulars/notifications issued by regulatory bodies.
  10. Compliance Report: Prepare an internal report detailing compliance status.
  11. SOP Development: Establish and update compliance SOPs.
  12. Commitment Policy: Prepare and maintain the commitment policy.
  13. Fraud Monitoring: Investigate and monitor potential fraud operations affecting the company's interests.
  14. Money Laundering and Terrorist Financing: Identify and monitor suspicious transactions related to the company's interests.
Requirements
  1. Education: Bachelor's degree in law, business administration, or equivalent field.
  2. Experience: Minimum two years of experience in a similar role.


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