Governance, Risk and Compliance (GRC) Manager

About This Role

Job Purpose

To develop departmental plans and operational mechanisms and contribute to achieving its objectives by overseeing all activities and operations, ensuring the adequacy of governance procedures, risk management practices, and monitoring compliance with applicable policies, regulations, and standards.

Roles and Responsibilities

1. Develop the annual plan for the department and oversee its implementation.
2. Coordinate with other departments to achieve departmental objectives.
3. Establish Service Level Agreements (SLAs) with relevant departments.
4. Develop an integrated Governance, Risk, and Compliance framework in line with regulations and business requirements.
5. Update the GRC framework in response to changes in regulations and approved policies.
6. Activate governance, risk, and compliance practices and enhance performance efficiency, including:

• Conflict of interest disclosure forms
• Promoting transparency
• Regulatory compliance
• Developing risk mitigation strategies

1. Develop, review, and update the Delegation of Authority (DOA) matrix to enhance transparency and compliance.
2. Monitor departments’ adherence to the approved Delegation of Authority matrix.
3. Provide advisory support to management regarding delegation and assignment of authorities.
4. Periodically review departmental policies, procedures, and processes and oversee their implementation.
5. Develop training plans to enhance staff capabilities within the department.
6. Contribute to the development of the risk management plan and risk assessments.
7. Oversee agreements and formation of committees and task forces.
8. Monitor the effectiveness of risk management systems across the organization.
9. Evaluate and analyze internal control systems in terms of design and adequacy.
10. Provide recommendations to redesign processes and improve operational efficiency.
11. Ensure compliance with all policies, procedures, and operational guidelines.
12. Identify opportunities for continuous improvement and adopt best practices.
13. Ensure compliance with cybersecurity policies and procedures.
14. Perform other related duties as assigned by management.

Qualifications

• Bachelor’s degree in Law, Business Administration, or equivalent
• OR Diploma in Law, Business Administration, or equivalent

Experience

• Bachelor’s degree with minimum 2 years of experience in Governance, Risk, and Compliance
• OR Diploma with minimum 3 years of experience in Governance, Risk, and Compliance

Professional Certifications

• CGRCS – Certified Governance, Risk Management and Compliance Specialist

Behavioral Competencies

• Change Leadership
• Employee Empowerment & Development
• Strategic Thinking
• Teamwork
• Communication Skills
• Results Orientation
• Resource Management
• Accountability

Skills

1. Risk analysis and control classification based on COSO framework
2. English language proficiency
3. Computer skills and Microsoft Office applications
4. Presentation and communication skills
5. Budgeting knowledge
6. Governance principles knowledge
7. Legal and regulatory awareness