Risk and Compliance Supervisor

Job description / 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

Requirements

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

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.