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Legal Compliance Officer

5.00 to 10.00 Years   Kuwait   15 Jan, 2024
Job LocationKuwait
EducationNot Mentioned
SalaryNot Mentioned
Industry--
Functional AreaNot Mentioned

Job Description

Review and follow up all internal policies, procedures and regulations of the company to ensure its effectiveness and conformity and not conflict with the regulations, laws and instructions issued by the relevant regulators.Ensure that all internal policies, procedures and regulations are written, updated and approved by the Board of Directors. Upon issuing and each time updated according to the schedule for review and update. Ensuring that they comply with instructions, laws and rules of obligation, with the importance of establishing controls and standards and conducting a periodic test to measure compliance with the application.Develop an action plan and an annual program with timeline for compliance with Corporate Governance Rules, to follow-up and supervise the implementation of Internal Controls Audit comments in coordination with relevant departments.Updating the Corporate Governance Manual timely, to be approved by the CG Committee and the Board of Directors.Identify any gaps, constraints, factors that lead to non-compliance and develop appropriate solutions to ensure compliance and oversee their application by the relevant departments.Preparing and reporting periodically to Head of Legal Department, CG committee and the Board of Directors in accordance to approved Compliance program, plan and timeline.Provide accurate and immediate advice to company regarding rules and standards of compliance and their applications.Responsibility for communicating with regulators, and preparing and reviewing all relevant correspondence and disclosures. Responding to the requirements of regulators, in a timely manner Comply and submit all regulatory requirements timely to submit any response, reports or forms, and follow-up and coordination with departments in this regard.

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