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Manager - Governance, Risk and Compliance

7.00 to 8.00 Years   Jeddah , Saudi Arabia   13 Jun, 2022
Confidential Company
1 Jobs Openings
Job LocationJeddah , Saudi Arabia
EducationBachelor's degree / higher diploma
SalaryNot Mentioned
IndustryFinancial Services
Functional AreaNot Mentioned

Job Description

Job PurposeThe role of the Governance, Risk and Compliance Manager is to manage and ensure oversight and coordination of the security Governance, Risk and Compliance program across the company and to advise of any potential risks that may affect the reputation, safety, security, financial sustainability and existence of the organizationKey Duties and Responsibilities Key Accountabilities

  • Directly responsible for procedures and controls to assure compliance with applicable regulatory and legal requirements as well as good business practices
  • Oversee formal risk analysis and self-assessments program for various systems and processes
  • Liaise with Internal Audit, Corporate Compliance, Office of
  • General Counsel and Risk Management to remediate new and outstanding issues; track security-related issues in the electronic system
  • Regularly review and assess the Risk Management Policy,
  • Strategic and Operational Risk Registers to ensure regulatory compliance and effective risk management is maintained
  • Plans, designs and implements an overall risk management process for the organization and provide the cybersecurity business advisory.
Key Activities
  • Maintain expertise on security trends through training, research and development in order to mitigate potential security exposures
  • Ensure policies and procedures are visible and complied with throughout by employees and third parties working on site to ensure risk management, legislative compliance and operational effectiveness, in conjunction with procurement, HR and Finance teams
  • Supervise risk evaluation , which involves comparing estimated risks with criteria established by the organization such as costs, legal requirements and environmental factors and evaluating the organization?s ?risk appetite?, i.e. the level of risk they are prepared to accept
  • Ensures that the management and employees are in compliance with the rules and regulations of regulatory agencies, that company policies and procedures are being followed, and that behaviour in the organization meets the companys Standards of Conduct
  • Conducts audits of policy and compliance to standards, including liaison with internal and external auditors
  • Provides support, education and training to employees to build risk awareness within the organization
  • Evaluate the efficiency of controls and improve them continuously
  • Assists in performing all tasks necessary to achieve the organizations mission and helps execute staff succession and growth plans
  • Keep abreast of regulatory developments within or outside of the company as well as evolving best practices in compliance control
  • Supervise compliance risk assessment training workshops

Keyskills :

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