hireejobsgulf

Director of Risk and Compliance

10.00 to 15.00 Years   Abu Dhabi, United Arab Emirates   13 Jan, 2024
Job LocationAbu Dhabi, United Arab Emirates
EducationNot Mentioned
SalaryNot Mentioned
IndustryIT Services; Internet & E-commerce
Functional AreaNot Mentioned

Job Description

1.Ethics & Compliance:ÿoEnsure the effectiveness of Alpha Data?s compliance program by designing, empowering, and overseeing its practical implementation and functioning.oDevelop, implement, and enforce comprehensive policies and controls, ensuring compliance with securities laws, publicly traded corporations regulations, governance standards, and global ethical business practices.oBuild an initial risk profile for Alpha Data based on its current business practices and risk appetite, and lead compliance reviews/audits, risk assessmentsÿ.oManage conflicts of interest, and gifts & entertainment disclosures made by employees.oConduct investigations to ensure timely, fair, and professional outcomes, including monitoring reported cases, including the execution of disciplinary/corrective actions and propose remediation plans at the conclusion of investigations.oMonitor regulatory and industry developments to enhance compliance, ethics, and governance frameworks to meet legal obligations in a complex, dynamic regulatory environment of IT companies.oManage the global corruption and anti-bribery function in all jurisdictions where the company does business.oLead and respond to FCPA, commercial bribery, anti-money laundering (AML), andcorruption governmental inquires made by regulators.oCultivate a culture of integrity through robust training, communications, and by exemplifying ethical leadership. Partner with senior leadership and the Board to provide counsel and strategic advice on compliance, ethics, governance, and related matters.oRepresent the integrated compliance and governance function with regulators, external parties, and business partners.oKeep abreast of changes in securities laws, disclosure requirements, and corporate governance standards, updating company policies accordingly.oCounsel senior leadership and the board of directors on compliance matters and provide strategic advice.oOversee third party compliance due diligence and management.oCollaborate with legal counsel on compliance matters including contracts, disclosures, mergers, and acquisitions, IPOs, etc.oReview M&A deals, contracts, and transactions with business partners and third parties to make them compliant with Alpha Data?s policies.oWork cross-functionally across departments to implement an integrated compliance program.oEnsure contracts and disclosures meet legal/regulatory obligations for public companies.oManage the compliance to various data protection laws that the organization needs to adhere.ÿ2.Corporate Governance:ÿoDevelop and implement corporate governance policies, procedures, and standards aligned with regulations, industry best practices, and investor expectations.oAdvise the board of directors and executive management on corporate governance matters, providing guidance to uphold fiduciary duties.oDevelop and manage the company?s delegation of authority.

  • Oversee board appointments/evaluations, director independence and training, committee charters, and other governance operations.
  • Coordinate general meetings, shareholder communications, and filings to uphold transparency.
  • Oversee subsidiary governance structures and alignment with group-wide governance frameworks.
ÿFor now, I would couple the risk management role with compliance.ÿCompliance risks usually include the following: Conflicts of Interest; Bribery and Corruption; Money-laundering; Business Courtesies and Sponsorships; Privacy and Cybersecurity; Anti-money Laundering;ÿIntellectual Property; Insider Trading; Records and Information Management;ÿCompetition/Antitrust; Economic Sanctions/Export Controls; Theft and Fraud;ÿWorkplace Behavior (Discrimination, Harassment, Sexual Harassment); Human Rights, Political Activity; Marketing; Social Media;ÿProduct safety; Environment; Health and Safety;ÿDisclosures (e.g., ESG); AI/Machine LearningÿUsually this would be a stand-alone role, especially in a public company. The Corporate Governance Officer usually also holds the responsibility of corporate secretary of the board. In the beginning, it would be ok to place it under compliance; as the company grows, you would need to make it independent.ÿ

Keyskills :

APPLY NOW

Related Jobs

© 2023 HireeJobsGulf All Rights Reserved