Senior Risk and Compliance Officer - Arabic Speaker

Role Summary

Key Responsibilities Summary

• Risk Management
• Review and enhance the company's risk management strategy.
• Recommend changes to credit limits, products, exposure levels, and risk controls.
• Conduct regular portfolio risk assessments.
• Provide recommendations to optimize market positioning while mitigating risk.
• Implement risk management policies, procedures, and controls across the organization.
• Compliance Management
• Lead the compliance function and ensure adherence to regulatory requirements.
• Develop and execute an annual compliance plan.
• Monitor regulatory developments and ensure organizational compliance.
• Promote a strong compliance culture through awareness, training, and development initiatives.
• Manage regulatory inspections and support successful outcomes.
• Regulatory Relations
• Serve as the primary liaison with regulatory authorities.
• Maintain strong relationships with regulators.
• Ensure timely submission of statutory and regulatory reports.

• Internal Audit Oversight

• Coordinate with outsourced internal audit providers.
• Ensure audits are conducted according to policies, procedures, and legal requirements.
• Track and manage implementation of audit recommendations.
• Monitor corrective actions and risk mitigation efforts.
• Legal Coordination
• Centralize and oversee legal matters across the company.
• Manage relationships with external legal service providers.
• Coordinate legal support between departments.
• Support procurement and management of legal services.

• Governance & Reporting

• Prepare reports for the Board, CEO, and Audit & Risk Committee.
• Report on risk, compliance, audit, and legal findings.
• Conduct root-cause analysis of issues and recommend corrective actions.
• Ensure departmental activities comply with corporate policies and regulatory requirements.

Education

• Bachelor's or Master's degree (Finance preferred).
• Additional legal background is advantageous.

Professional Qualifications

• Risk, Compliance, Legal, or Governance certifications preferred.
• Examples may include FRM, CAMS, CRCM, ICA certifications, or legal qualifications.

Experience

• 10+ years in investment banking, commercial banking, or related financial services.
• Demonstrated experience implementing and managing an Enterprise Risk Management (ERM) framework.
• Experience interacting with regulators, auditors, and senior executives.
• Leadership experience managing risk, compliance, audit, and governance activities.

• Enterprise Risk Management (ERM)

• Regulatory Compliance

• Governance & Controls

• Operational Risk

• Internal Audit Coordination

• Stakeholder Management
• Leadership and Strategic Thinking

Skills