Enterprise Compliance Senior Specialist

Job Title:

Enterprise Compliance Senior Specialist

Department:

Governance, Risk & Compliance

Role Purpose:

Lead the development and execution of SABIL's Compliance Management System (including Anti-Financial Crime (AFC) Compliance), ensuring adherence to laws and regulatory requirements, internal policies and procedures, business standards, and maintaining meticulous control and accountability across SABIL.

KEY ACCOUNTABILITIES & ACTIVITIES

Enterprise Compliance:

• Develop, maintain, update, and execute SABIL's Compliance Management System (including Anti-Financial Crime (AFC) Compliance), encompassing Compliance strategy, objectives, policies, procedures, processes, controls, guidelines, aligning with laws and regulatory requirements, international and industry standards, and adhering to the risk appetite established by SABIL Board of Managers.

• Define, maintain, and update SABIL's Compliance Universe (i.e., applicable laws and regulatory requirements, business and industry standards, other Compliance obligations, etc.)

• Develop, maintain, and update SABIL's Compliance registers/repository and mapping.

• Enforce a Compliance ecosystem across branches, emphasizing both processes (integration of Compliance management at every stage/level) and people (designation of Compliance Officers/Champions), ensuring the timely management of obligations from inception to completion.

• Develop, maintain, update, and execute the Compliance risk assessment and annual Compliance risk-based monitoring plan.

• Conduct Compliance assessment/testing (Self and Independent) to monitor adherence to laws and regulatory requirements, internal policies and procedures, business and industry standards, and certifications, and other Compliance obligations.

• Generating comprehensive Compliance assessment reports and dashboards to key internal and external stakeholders, consolidating findings, and providing recommendations for rectifying errors, including reports on deviations, non-compliances, misconduct, or negligent behavior, follow-up, and ensuring the implementation of corrective/preventive actions and measures to safeguard SABIL's interests.

• Evaluate the sufficiency of violation management, focusing on identifying causes and ensuring timely and sustainable remediation.

• Ensure consistent management of Anti-Financial Crime (AFC) related risks and Compliance across SABIL as part of SABIL's Compliance Management System.

• Collaborate with internal audit stakeholders to facilitate the resolution of identified gaps as outlined in audit reports.

• Ensure effective and transparent communication of SABIL's Compliance Management System to internal and external stakeholders.

• Design and execute awareness sessions and training for SABIL employees periodically.

• Develop, maintain, and update a register of all Compliance activities and non-compliance instances and ensure a comprehensive analysis of instances to be reported periodically.

• Identify and monitor any changes to laws and regulatory requirements, business and industry standards, and certifications, and other Compliance obligations that may impact SABIL's operations and highlight potential impact where applicable.

• Managing relationships with regulatory bodies and external auditors.

Qualifications/Requirements

Required

Knowledge and Experience:

• A minimum of 4 years of experience is required.
• Should have Compliance Operational experience.
• Should have Anti-Financial Crime (AFC) Compliance experience.
• Preferred to have professional certifications such as (certified compliance )
• Experience in the industry is highly preferred.
• Fluent in English.

Education

• Bachelor's degree in Business Administration, Management, Law, or any business-related discipline.