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Governance Manager - Vice President - Saudi Arabia

10.00 to 15.00 Years   Saudi Arabia, Riyadh   29 Jun, 2024
Jobs via eFinancialCareers
Job LocationSaudi Arabia, Riyadh
EducationNot Mentioned
SalaryNot Mentioned
IndustryOther
Functional AreaNot Mentioned

Job Description

What You Will Be Responsible ForAs State Street Saudi Arabia Financial Solutions - Governance Manager, Vice President, you will be accountable for overseeing the implementation and maintenance of effective policies, procedures and controls in accordance with local laws and State Street requirements.Specifically, you will:

  • Implement and maintain outsourcing and third-party management program to meet regulatory and firm policy requirements
  • Ensure effective oversight and monitoring processes and controls across all phases of the outsourcing lifecycle
  • Implement and manage a robust process for the maintenance of a comprehensive inventory of all internal and external outsourcing arrangements
  • Assess and report new/existing Conflicts of Interest and escalate to internal stakeholders, STT Committees or Board where required
  • Create and maintain the SSSAFS Conflict of Interest register and ensure applicable Conflict of Interest disclosures are made timely and accurately
  • Manage and monitor complaint handling with internal/external parties in line with local requirements
  • Maintain inventory of local procedures and policies owned within the First Line of Defence (FLOD)
  • Ensure Business Management maintain local procedures and controls to support products and services offered by the entity
  • Ensure applicable Business Continuity plans are adequately documented with evidence of testing and reporting to Executives/Board Members
  • Provide technical advice and guidance to a broad range of stakeholders on Outsourcing, Conflicts of Interest and Complaint Handling requirements
  • Provide Board or governance related management information and reporting, where required
  • Drive remediation and continuous improvement programs in collaboration with global and local stakeholders
  • Monitor new/existing legal documentation, to ensure client data is accurately and completely stored within STT inventories
  • Act in an advisory capacity, to ensure all Board and Committee charters are in line with local regulatory and STT policy requirements
What We ValueThese skills will help you succeed in this role:
  • Strong interpersonal, communication, analytical and people management skills
  • Strong organizational skills and action and outcome driven, with an ability to influence and drive execution at all levels within an organization
  • Proven ability to demonstrate ownership, work independently and multi-task in a fast paced environment
  • Sound understanding of local regulatory requirements with experience working with regulators
  • Strong organizational awareness with ability to facilitate and resolve conflicts; ability to make informed, risk optimized decisions under time pressure
  • Excellent analytical and problem solving skills
  • Prior Experience in Banking/ financial sector (preferred)
Education & Preferred Qualifications
  • Bachelors Degree in relevant field
  • Compliance, AML or Risk professional qualifications are preferred
Capital Market Authority (CMA) qualification exams

Keyskills :
Conflicts of Interest Banking Financial Sector Outsourcing Third-party management Complaint Handling Regulatory Requirements Risk management

About Company

Jobs via eFinancialCareers

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