Compliance Monitoring Expert

Job Description

JOB PURPOSE: Jobholders at this level are experienced professionals capable of conducting work with general directions. They are primarily concerned with developing solutions to challenges which require some analysis to understand and resolve, and addressing issues escalated from more junior levels. They undertake complex operational activities including developing ZATCAs compliance strategy, managing the development of a robust compliance framework, and overseeing the identification of non-compliant risks and cases that need to be tackled and resolved accordingly. ROLES AND RESPONSIBILITIES :

• Study international best practices in internal compliance and develop ZATCA compliance strategy including detailed action plan taking into consideration lessons learned from previous practices
• Assess ZATCA external legislative environment, identify regulatory requirements and obligations that are applicable to ZATCA and assess implication on internal policies, procedures and operations
• Check all ZATCA practices, identify potential legal non-compliance cases in order to implement preventive actions
• Develop plan for solving compliance issues in case of occurrence ensuring issues are solved in a timely and efficient manner
• Identify non-compliance risks and their impact on ZATCA, develop mitigation plans accordingly and follow-up to ensure their proper implementation
• Define and implement preventive actions for resolution of problematic issues while considering general guidance from top management on how to avoid similar situations in the future
• Constantly coordinate compliance activities of other departments to remain abreast of the status of all compliance activities and to identify trends
• Raise awareness about compliance to all applicable rules and regulations and promote compliance culture within ZATCA by providing periodical trainings and lectures in order to gradually reduce occurrence of compliance issues
• Develop and nurture fruitful relationships with local and international compliance committees and continuously strive to enhance ZATCA practices
• Develop periodic and ad-hoc reports reflecting ZATCA compliance status, compliance issues, corrective and preventive actions taken and highlight areas for improvement based on lessons learned
• Analyze reports and suggest improvements to compliance risks mitigation plan accordingly and based on additional insights from top management
• Follow all relevant policies, processes and standard operating procedures so that work is carried out in a controlled and consistent manner
• Help in solving escalated problems and provide needed support for junior team to ensure work is carried out in an efficient manner
• Escalate complex problems to the relevant person to ensure cases/issues are closed properly
• Perform other duties as requested
• Train junior staff on the different job activities to ensure transfer of know-how, when applicable
• Provide clear direction, prioritize tasks, assign and delegate responsibility, and monitor the workflow of subordinates/ junior staff
• Support junior staff or direct reports in order to execute their duties according to set policies and processes

JOB QUALIFICATIONS AND REQUIREMENTS: Knowledge and Experience: A minimum of 5 years of relevant experience Education and Certifications: Bachelors degree in Legal Studies or equivalent is required

Keyskills :
Framework Reports Internal Risk Regulatory Operational Policies legislative Preventive Compliance Procedures Relationships culture Legal Strategy mitigation

About Company

Who is Hilti Hilti is where innovation is improving productivity, safety and sustainability in the global construction industry, and beyond. Where strong customer relationships are creating solutions that build a better future. Where there is pride and a sense of belonging across our 120 locations, carrying right into our lives and homes. Where people are exploring possibilities, leveraging their potential, owning their personal development and growing lasting careers.