Compliance & Risk Manager

Job description / Role

The Company:

Our client is an asset management firm based in Bahrain. They are currently looking for a Compliance & Risk Manager.

Duties & Responsibilities:

Compliance:

• Ensure compliance with all CBB and other applicable regulations, acting as the key point of contact with the CBB
• Demonstrate a thorough understanding of private equity compliance issues
• Develop and continually update compliance monitoring and reporting programs
• Report to the Board of Directors and THE COMPANY Management Committee when appropriate
• Maintain appropriate record and documentation management processes
• Perform periodic compliance audits of investee companies
• Develop and implement ethics programs ensuring appropriate training for staff
• Implement anti-fraud and anti-money laundering programs
• Ensure appropriate KYC documentation is in place
• Actively participate in decision making with engagement management and seek to understand the broader impact of current decisions.
• Generate innovative ideas and challenge the status quo.
• Facilitate use of technology-based tools or methodologies to review, design and/or implement products and services.

Risk:

• Identify and evaluate business and technology risks, internal controls which mitigate risks, and related opportunities for internal control improvement.
• Assess and implement ethics programs, training, change management, anti-fraud programs, and monitoring/reporting.
• Lead role in attaining quality internal and external communication deliverables including technical content of reports.
• Demonstrate a thorough understanding of private equity compliance issues.
• Actively participate in decision making with engagement management and seek to understand the broader impact of current decisions.
• Generate innovative ideas and challenge the status quo.
• Facilitate use of technology-based tools or methodologies to review, design and/or implement products and services.

Requirements

Qualifications & Experience:

• Bachelors in Law, Finance or Economics, Masters is preferable
• Certifications desired CPA/CA, CIA, PMP, CAMS,ICA,PRM
• 8+ years of work experience
• Risk or audit-related professional qualification
• Experience conducting risk assessments, implementing oversight processes, and drafting risk policies and procedures
• Experience integrating and managing risk-related activities.
• Experience in different GCC/IDB Member jurisdictions
• Demonstrated ability to identify, measure, manage, monitor, review, and report on all areas of compliance.
• Experience managing compliance-related activities.
• Experience implementing oversight processes and drafting compliance policies and procedures,
• Strong written and verbal communication skills for report writing and client presentations.
• Demonstrated leadership, project management and teamwork skills.

About the Company

Propel Consult delivers a service in step with the needs of both our client companies and candidates. Our ability to add value to all levels of recruitment stems from our wholehearted belief in providing a professional service to both parties. We have built relationships with many leading indigenous and mulitnational organisations throughout the Middle East and internationally in countries such as UAE, Qatar, Saudi Arabia, Oman, Bahrain, Kuwait, Egypt and many more. Concentrating our resources has created 5 distinct specialist divisions:

• Banking & Finance
• Human Resources
• Oil & Gas
• Construction
• Architecture & Engineering