Location: Saudi
A leading financial services business is seeking a Head of Compliance to join the team in Saudi, this role requires a Saudi National as per Nationalization/Saudization requirements.
This role will require you to perform the functions of the Compliance Officer and MLRO as defined/required by the CMA, as well as acting as primary contact to the CMA.
Role and Responsibilities:
- Create, implement and monitor application of compliance policies.
- Attend to all regulatory filings and reporting (CMA, other).
- Liaise with and manage all communications with the regulators of the firm.
- Provide and create compliance training.
- Keep up to date with any regulatory changes and update the board and personnel of any changes impacting the business.
- Lend assistance to the group Chief Compliance Officer as/when needed.
- On-boarding (KYC) of clients and counterparties.
- Carrying out compliance monitoring.
- Draft/ review policies and procedures.
Qualifications and Education Requirements:
- University level education, preferably in a relevant field (accounting, finance, legal)
- Saudi National – as per nationalization/Saudization requirements.
- Eligible as CMA authorized person
- Relevant professional experience – 8+ years of experience in compliance or in combination with accounting, audit, or legal field
- Good knowledge of CMA and regional regulations
- Experience with regulatory inspections and audits
- Strong English verbal and writing skills
- Must be detail oriented and have strong document management skills
- Must be a self-starter and proactive
To apply, please submit your CV and cover letter outlining your relevant experience.
Please note that due to the high volume of applications, only shortlisted candidates will be contacted.