SENIOR HEAD OF COMPLIANCE
Our client is a leading bank with a very strong reputation throughout the Middle East. They are looking for a Senior Compliance expert to join their organisation in Jeddah. The successful applicant should have a wealth of Compliance knowledge and will be in a very senior advisory position to the Compliance division and Senior Management.
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15 yrs + experience
-Leading bank based in Saudi Arabia
-Open to all nationalities
This is a critical position for the Compliance division; it needs to be occupied by someone with vision, determination and energy.
JOB DUTIES:
•To advise Senior Management and the Head of Compliance how to achieve the Compliance objectives for the bank
•To advise Senior Management and the Head of Compliance on all Compliance issues
•To develop the Compliance Culture across the bank through advice, guidance and training
•To develop and co-ordinate the Compliance strategies, programmes and projects to identify and minimize all forms of Compliance risks
•To equip staff with regulatory knowledge needed to do their jobs, an understanding of the consequences of non-compliance and a sense of correlation
between the objectives and values of the bank and the objectives underlying regulations
•To procure the success of the entire Compliance efforts
•To manage all aspects of the development of Compliance awareness, training and competence
KEY ACCOUNTABILITIES:
Deliver high compliance awareness to staff, thereby creating:
•Strong Compliance culture
•Reduce risk of unfavourable counterparty action
•Enhance customer relations
•Improve relationship with regulatory authorities
•Deliver Compliance plans
•Setting internal and external Compliance objectives
•Assessing Compliance needs
•Designing the Compliance programs
•Review business procedures and guidelines to ensure their Compliance within the regulation
•Design Compliance and AML training materials
•Developing the Compliance monitoring program for assessing Compliance competence
•Advise the Head of Compliance on training and competence needs of the bank
•Responsible for team building within the Compliance division
ESSENTIAL REQUIREMENTS:
•15 years experience within banking sector (Commercial and Investment) in a Compliance role in a first class rated bank/ Financial institution
•Master degree in Law and/ or professional qualification
•Excellent experience in all relevant International regulatory requirements.
•Project management skills on Compliance
•Superb verbal and written skills in English. Arabic speaking a bonus
•Key attributes: smart, dynamic, innovative, can motivate others, energetic, good team player.
Salary is completely negotiable for the right applicant and will be very competitive + benefits + bonus
