Risk and Compliance Supervisor

Kuwait, Kuwait

Ref: KP678-1381

The Role

The Role

Risk Management:
• Designs and implements an overall risk management process for the organisation
• Manages the process of identifying and assessing the risks affecting the business
• Oversees, and in some areas implements, the plan of risk control actions (e.g. purchase orders, financing options, health and safety measures, liaison with regulators, business continuity plans)
• Identifies potential areas of compliance vulnerability and risk; develops and implements corrective action plans for resolution of problematic issues, and provides general guidance on how to avoid or deal with similar situations in the future
• Organises appropriate risk reporting, internally and externally

Compliance Management:
• Develops initiates, maintains, and revises policies and procedures for the general operation of the compliance program and its related activities to prevent illegal, unethical, or improper conduct
• Periodically reviews and updates standards of conduct to ensure continuing currency and relevance in providing guidance to management and employees
• Collaborates with other departments (Finance, legal, Internal Audit, Human Resources) to direct compliance issues to appropriate channels for investigation and resolution
• Responds to alleged violations of rules, regulations, policies and procedures by evaluating or recommending the initiation of investigative procedures
• Acts as an independent review and evaluation body to ensure that compliance issues and concerns within the company are being appropriately evaluated, investigated and resolved
• Remains abreast of all compliance activities, identifies trends and best practices in the industry and makes recommendations to ensure alignment with the companies objectives
• Provides reports on a regular basis to the companies EMT and follows-up on remedial measures and compliance efforts
• Performs other responsibilities and tasks as required or as directed by management from time to time

Self Management
• Strives to achieve the highest levels of proficiency on all competencies and skills required to perform the role
• Identifies the training and development requirements for self and agrees on them with the CFO to ensure that the required trainings are arranged and attended
• Sets performance goals in the beginning of the year after discussion with the CFO and ensures that the goals



Educational Qualifications
• Bachelor’s degree

Language Skills
• Strong English and Arabic language skills (written and spoken)

Years of Experience
• 3 – 5 years

Nature of Experience
• Familiarity with operational, financial, quality assurance, and human resource procedures and regulations is preferred

Key Internal Contacts:
Purpose of Interaction:
• All Departments
• Executive Management Team
• To ensure all processes and policies are implemented accurately and are compliant with the companies established guidelines
• To provide regular reports on the status of the compliance program and make recommendations where necessary

About the Company

About the Company

Kobaltt MENA are leaders in recruitment across Technical, Construction, Property, Supply Chain & Logistics, Facilities Management, Sales & Marketing and Accounting & Finance Markets. We enjoy long established client relationships with an in-depth knowledge of the MENA and International Market, offering candidates reputable career prospects.

With established Middle East regional offices located in Abu Dhabi, Doha and Dubai, Kobaltt is providing a specialist range of permanent and contract recruitment services to the construction, property and engineering, Supply Chain & Logistics, Oil & Gas, accountancy and finance sectors.

Our team has over 25 years accumulative years of experience being based in the GCC with established client networks and candidate profiles.
This Position is closed or expired