Head of Governance, Advisory & Projects

Tandem Search

Qatar

Ref: KP709-2399

Job description / Role

Employment: Full Time

The incumbent will be responsible for overseeing the Group Compliance advisory services, act in a pro-active manner toward any regulatory changes in the banking industry and facts, for both local and international environments, lead and manage implementation projects, direct on the corporate governance principles and guidelines adoption and implementation through the group entities as well as maintaining a high awareness level through the organization of the Compliance Culture and practices. Hence, assist the Chief AML, Sanctions, Governance & Advisory in his efforts to prevent the Group from being exposed to the risk of legal/ regulatory breaches and the associated financial/ reputation loss that the Group may incur/ suffer as a result of failure to comply with applicable laws, regulations, codes of conduct and standards of good practice relevant to the Group’s activities, including but not limited to measures for overseeing tax compliance programs.

Essential Duties & Responsibilities by Dimensions:

Shareholder & Financial:
- Responsible for the Corporate Governance implementation, monitoring and review;
- Responsible for the adequate compliance advisory and projects services provided to business in view of the non-compliance risk assessment faced by the Group with respect to its domestic and international operations. Responsible for the tax compliance programs.
- Create, adopt and implement of best-practice policies in Corporate Governance for a Bank’s newly established Branch/Subsidiary
- Administer the preparation of decisions for the approval of internal policies
- Provide support and expertise with regard to a variety of different projects, in terms of problem solving on day-to-day issues

Customer (Internal & External):
- Ensure adequate delivery of the coverage of the Group’s operations/ activities in the annual compliance plan to provide assurance to the Group Audit & Compliance Committee, the Board of Directors and Executive Management on the adequacy and effectiveness of the processes in place to ensure compliance with the relevant laws/ regulations impacting the Group’s operations.
- Liaise with the following on continuous basis (for the issues falling under his responsibility),to resolve the queries/ respond to issues raised by them: Qatar Central Bank officials., Officials from other government bodies in Qatar like ministries and QE, QFMA, QFC., International Financial, Compliance and Tax Bodies, Committees and Organizations, Consultants, External Auditors
- Oversee the maintaining and updating of the governance framework, monitoring compliance with requirements in framework, coordinating governance committee and board member meetings, monitoring certain business processes, establishing and maintaining a record of operational procedures manuals, and analyzing monthly reports.
- Facilitate the flow of information: to provide key information to managers, board members and committees. Liaising with board members and fulfilling their requests for information also may play a large role.
- Manage training and technical assistance to concerned staff to enhance their capacity to strategically plan the Bank oversight, conduct awareness programs.
- Provide expert advice and guidance on complex corporate governance problems to senior portfolio governance personnel and to Management.
- Maximize the effectiveness of the portfolio governance function with care and judgment for the best interest of the Bank, and its subsidiaries and other corporate holdings.

Internal (Processes, Products, Regulatory):
- Advise and guide the business and support units on compliance matters and issues pertinent to their day-to-day operations to ensure adherence to relevant Compliance regulations on sustained basis.
- Assist in providing regulatory Compliance services (through projects management) to all the business lines.
- Report the results of compliance advisory efforts of all entities and shall serve as the primary resource on Compliance issues to the Chief AML, Sanctions, Governance & Advisory.
- Advise on the implementation of risk management and control practices within the organization.
- Work with increasingly higher Business Area executives to establish and communicate a clear view of compliance risks within that Business Area.
- Consults on an ongoing basis on Compliance related issues with seniors and operation managers.
- Assist the Chief AML, Sanctions, Governance & Advisory in the development of the compliance plan, policies and manuals for approval by the Group Audit & Compliance Committee. Also, identify on timely basis, the regulatory changes in Qatar that impact the Group’s compliance risk to enable timely update of the referenced charter, plan and policy manuals.
- Report on a regular basis to the Chief AML, Sanctions, Governance & Advisory regarding non-compliance risks, identified breaches and corrective action taken pertaining to the Group’s activities, for onward reporting to the Group Audit & Compliance Committee.
- Ensure that new products and services as well as all new/ significantly amended Group policies, manuals and procedures are applicable to the Group’s operations are vetted from a Compliance perspective.
- Assist the Chief AML, Sanctions, Governance & Advisory in identifying and selecting Compliance systems to facilitate the Group’s Compliance efforts and ensuring proper implementation of the selected systems.
- Assist in preparing the training programs provided by Group Compliance and ensure there are continuously updated and in line with all the new applicable laws, regulations and best practices
- Review all the new issued policies and procedures and provide advice on the noncompliance risk aspects, legal and internal control fundamentals to Chief AML, Sanctions, Governance & Advisory.
- Assist in providing high level advice and hands on assistance with issues related to : QCB instructions, QFMA Codes for financial Services and Corporate Governance, Tax compliance programs, Stress testing guidelines, Basel principles and guidelines on banking supervision, Foreign Account Tax Compliance Act, US Treasury and IRS regulations, Pillar 3 of the Capital adequacy framework, Legal framework of Group operations (local and international regulations), etc. Assist in providing compliance consulting in areas of consumer, non-consumer and commercial compliance relative to their line(s) of business.
- Guide, advise, and approve Business Area activities subject to financial services industry laws and regulations.
- Interacts with and advises the Business Areas on the need for and effective methods of managing compliance risk arising from laws and regulations, within the group-level risk management framework.
- Work with limited supervision and have latitude for initiative and independent judgment.
- Initiate the studies, manuals on the new regulations, international standards, etc.
- Assist in developing Adoption Roadmaps for the corporate governance principles and guidelines. - Assist in developing and implementing compliance and corporate governance awareness programs for the Staff members based on the best practices and the industry regulations.
- Ensure the implementation of the corporate governance requirements and principles throughout the Group
- Assist in developing and implementing the delivery of services to evaluate corporate governance, board and Audit & Compliance Committee practices as they relate to the compliance program.
- The creation of relevant compliance metrics and reporting protocols to demonstrate to Executive management the effectiveness and implementation of the corporate governance program as well as issues, gaps and holes in the strategic areas for focus to Chief AML, Sanctions, Governance & Advisory. –
- The implementation and maintenance of a conflicts of interest questionnaire process.
- Assist the Chief AML, Sanctions, Governance & Advisory in the development and effective implementation of the Group’s insider trading policy;
- Assist the Chief AML, Sanctions, Governance & Advisory to prepare and submit all Group’s annual Corporate Governance reports (QFMA, QFC, and QCB) and follow up on any gaps, and recommendations from all the regulatory bodies.
- Coordinate with Group Risk & Group Financial Control on the issues, gaps and matters
- Assist in advising the Strategy and business development heads while preparing the annual report on the matters related to the enhancement of the Corporate Governance.
- Assist the Chief AML, Sanction, Governance & Advisory in facilitating an organizational Compliance Culture throughout the Group which reflects a commitment to compliance with the laws and regulations.
- Ensure on-going development and implementation of the Group’s Code of Conduct and Compliance awareness.
- Develops, coordinates and participates in a multifaceted educational and training program (in-house/e-trainings) and seeks to ensure that all appropriate employees and management are knowledgeable of, and comply with, applicable laws and regulations.
- Assist the Chief AML, Sanction, Governance & Advisory in creation and management of the Compliance monitoring program and Compliance action tracker roadmap to ensure that a compliance culture is embedded within all aspects of the business.
- Assist in preparing the yearly training program to cover Group Staff members;
- Assist in establishing new E-channels to build the awareness and knowledge among the Group staff members.
- Ensure through liaison with Training Department on Compliance matters through provision of training courses, holding of seminars, etc.
- The maintenance of an integrity diagnostic survey process.
- Act as coordinator investigating and acting on internal and external complaints, implementing corrective action plans as needed, and interacting with all the concerned departments, submit the summary to Chief AML, Sanction, Governance & Advisory for review and feedback.
- Interpret laws and regulations for compliance purposes and provide guidance for efficient implementation of the laws and regulations changes to the Group business processes.
- Perform awareness studies on all the subjects and new regulations that directly impact the business and the bank activities and communicate the emerging issues along with the potential risks to Chief AML, Sanctions, Governance & Advisory for review and feedback.
- Assist Chief AML, Sanctions, Governance & Advisory to ensure that the Group operates in accordance with (a) all regulatory requirements and (b) all standards of conduct, so as to protect and enhance the reputation of the Group with its regulators and avoid significant financial loss.
- Liaising with QCB, QFMA and QFC whenever required, responding to their queries/ issues and ensuring their identified recommendations and gaps are adequately followedup until final resolution.
- Assist the Chief AML, Sanctions, Governance & Advisory in maintaining an updated inventory of current compliance laws and regulations that are relevant to the Group’s.
- Assist the Chief AML, Sanctions, Governance & Advisory to present regular presentations on the Country-Check system related to the Bank’s country risk assessment;
- Keep abreast on financial industry laws and regulations and provide regulatory expertise in consulting with business line leaders within the Group.

Learning & Knowledge:
- Maintain an understanding of all pertinent laws, regulations, policies/ procedures and applicable practices pertaining to the Group’s operations/ activities locally and internationally.
- Provision of inputs to the Chief AML, Sanctions, Governance & Advisory on Department’s training plan and thereby develop/ enhance the skill sets of Group Compliance personnel and provide them with opportunities for career development. Also, identify areas for professional development of self and other Group Compliance personnel.

Requirements

- Bachelor degree with professional qualifications such as CAMS/ CCO/ CIA.
- A minimum of 12 years’ experience in a major banking institution or regulatory agency out of which 8 years should be in a supervisory role relating to Compliance or Internal Audit.

Required Special Skills:
- Good understanding of the relevant regulatory pronouncements of the Group regulators including but not limited to QCB, QFMA, QFC, FSA, MIFID, MAS and Banque de France, Federal Swiss Banking Commission regulations and other relevant pronouncements impacting the Group’s operations.
- Knowledge of Prudential Regulation is an essential (Liquidity risk management, •Credit risk management, •Market risk management, •Asset and liability Management,• Banking or asset management industry and products;
- Accounting or similar professional qualification is advantageous for some, but not all, roles
- Excellent oral and written communication skills (including report writing) in English and Arabic. Knowledge of additional foreign languages (French) would be desirable.
- Ability to analyze the impact of changes in the relevant regulations on the Group’s compliance risk profile for the Group's operations.
- In depth knowledge of banking policies/ procedures, regulatory and best practice pronouncements pertaining to Tax Compliance and Corporate Governance
- Planning, organizing and analytical ability.
- Problem solving/ decision making skills.
- Personal integrity and self-management.
- Assertive.
- Ability to motivate and lead teams from diverse cultural backgrounds.

About the Company

Building businesses, changing lives

At Tandem, we’ve built a vast network of top-tier professionals across the globe. We empower businesses to thrive by delivering unmatched talent solutions. With our global reach, collaborative approach, and unwavering commitment to excellence, we drive transformative growth and shape exceptional teams.

Who we are.

We are a team of industry experts, driven by a passion for innovation and excellence. We are dedicated to providing unique talent solutions and nurturing collaborative partnerships that redefine success.

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PRO salaries in Qatar

Average monthly compensation
QAR 7,500

Breakdown available for industries, cities and years of experience