Supervisor Of Compliance Office Monitoring Unit -مشرف إلتزام - وحدة المراقبة

Job Detail
Industry
Insurance / Takaful
Functional Area:
Field Operations
Total Position:
1
Job Type:
Full Time/Permanent
Job Location:
Riyadh, Saudi Arabia
Gender:
Male
Nationality:
Saudi
Career Level:
Experienced Professional
Education:
Bachelors
Minimum Experience:
5 Years
Work Permit:
Saudi Arabia
Apply By :
Oct 15, 2018
Posted On:
Jul 15, 2018
Job Description

In this position, he will evaluate and assess all current and future compliance regulation needs. He must have extensive knowledge of corporate governance best practices and a thorough grasp of industry legal regulations in order to ensure that all regulations and best practices are followed and met.

Roles & Responsibilities:

  • Conduct periodic internal reviews or audits to ensure that compliance procedures are followed.
  • Identify compliance issues that require follow-up or investigation.
  • Disseminate written policies and procedures related to compliance activities.
  • File appropriate compliance reports with regulatory agencies.
  • Serve as a confidential point of contact for employees to communicate with management, seek clarification on issues or dilemmas, or report irregularities.
  • Maintain documentation of compliance activities, such as complaints received or investigation outcomes.
  • Discuss emerging compliance issues with management or employees.
  • Report violations of compliance or regulatory standards to duly authorized enforcement agencies as appropriate or required.
  • Design or implement improvements in communication, monitoring, or enforcement of compliance standards.
  • Prepare management reports regarding compliance operations and progress.
  • Monitor compliance systems to ensure their effectiveness.
  • Review the work of colleagues when necessary to identify compliance issues and provide advice or training.
  • Prepare reports for senior management and external regulatory bodies as appropriate.
  • Support the head of compliance in compliance monitoring and surveillance processes.
  • Collaborate with peers and supervisors in the Compliance and Risk areas to comprehensively identify and mitigate compliance risk.
  • Establish reliable internal controls.
  • Compliance supervisor schedules and performs field investigations to determine compliance and investigate violations.
Skills Required:
  • Teamwork.
  • Communication.
  • Customer Service.
  • Problem Solving.
  • Expert Knowledge of Compliance regulations.
  • An analytical mind able to “see” the complexities of procedures and regulations
  • In-depth knowledge of the industry’s standards and regulations.
  • Methodical and diligent with outstanding planning abilities.
Languages:
  • Arabic: Mother tongue
  • English: Professional