Compliance Associate or Senior Associate

Compliance Associate or Senior Associate / Saudi Compliance Officer

Our client is a global private markets investment firm focused on providing customized investment solutions, advisory, and data services. Currently seeking a strong Compliance Associate.

**Position Overview**

This position will be part of a global compliance team and assist in various aspects of the firm's Compliance program. The position's primary responsibility will relate to Saudi Arabia to manage the Saudi compliance calendar, assure necessary filings are completed appropriately and that other relevant obligations are met. In addition, this position will have compliance responsibilities relating to other firm's jurisdictions globally and will review and approve RFP and DDQ requests from clients and prospects for regulatory compliance, review departmental policies and procedures, conduct testing and monitoring of the firm's Compliance infrastructure and actively participate in change management to provide guidance on compliance with regulatory requirements for applicable products and services, and undertake other responsibilities as they may arise.

**Essential Job Functions**
- Understand and remain educated on Saudi compliance regime for financial firms in the Kingdom of Saudi Arabia
- Manage the calendar for firm's Saudi subsidiary and timely file relevant filings and reports
- Participate in the broader global compliance program:

- Review and approve RFP and DDQ requests from clients and prospects for regulatory compliance
- Participate in the review and recommendation of policies and procedures to ensure operations are compliant with applicable laws and regulations and necessary Saudi addenda
- Assist Compliance team with global forms and filings
- Assist in tracking and managing data collected by Compliance
- Perform elements of the testing program
- Draft compliance reports and communicate findings to senior Compliance team members
- Conduct reviews of alleged compliance violations and escalate to senior Compliance team members
- Identify regulatory impacts on business units and coordinate with business teams to implement necessary operational or policy changes in response to regulatory change
- Support product development and process change management by participating in meetings with project teams to ensure compliance with regulations and internal policies and procedures, as applicable
- Independently research applicable laws and regulations
- Regularly respond to internal team members regarding questions on compliance issues with appropriate, risk-based, and properly supported guidance
- Aid senior Compliance team members in reviewing and analyzing regulatory proposals by various regulatory agencies
- Draft periodic memoranda on compliance issues
- Provide AML and KYC support
- Conduct OFAC and other sanctions checks as needed
- Coordinate with the Investor Relations team to provide compliance and regulatory support of new product offerings, investor reporting and the development of performance metrics

**Education and/or Work Experience Requirements**
- Must meet the requirements of a Saudi Compliance Officer including CME 2 and Saudi Nationality
- Prefer 3 years compliance and regulatory experience with a global asset management firm, preferably with exposure to alternative investments and private markets
- Familiarity with financial regimes outside of Saudi Arabia a strong plus
- Familiarity with AML/KYC and sanctions regimes
- Experience with regulatory examiners for financial institutions (responding to regulatory requests, producing documents and/or leading exams)
- Experience researching and interpreting laws and regulations, preferably in a financial institution
- Knowledge of investment products, financial markets, and investment concepts

**Required Knowledge, Skills, and Abilities**
- Strong organizational and project management skills
- Strong individual contributor with the ability to work effectively as a member of a growing team
- Well-developed interpersonal skills with an ability to establish credibility and to interact with employees throughout the organization, in addition to external advisors
- Excellent verbal and written communication skills
- Ability to effectively communicate regulatory rules and requirements
- Communicate accurate and timely information to key stakeholders
- Strong problem-solving skills and the ability to work independently
- Handle moderately complex issues and problems and refer more complex issues to senior Compliance team members
- Demonstrate in-depth knowledge and expertise of applicable laws and regulations

**Other Attributes**
- Self-starter, organized, analytical, detail oriented
- Exhibit professionalism, integrity, openness and respect
- Culture carrier for Compliance team values
- Strong work ethic and excellent interpersonal skills

Job ID FE5C9441E3