COMPLIANCE AND RISK DIRECTOR
Middle East Paper Company (MEPCO)
Total years of experience :22 years, 11 months
• Development of the Department’s strategy and plans.
• Developing and enhancing the company manuals, policies, procedures, and processes.
• Developing and executing annual Governance, Compliance, and Risk management plans, frameworks, strategies, and processes.
• Provide advice as needed or required to internal and external stakeholders regarding any unethical activities or predicted challenges and threats that might harm the business.
• periodical meeting with the company management to discuss relevant compliance, governance, and risk matters and recommendations.
• Conducting periodic meetings with the Audit Committee and other committees to discuss compliance and risk issues.
• Act as a focal point of contact between the company and CMA, Edaa, Tadawul and other regulators.
• Assisting the internal and external teams in assessing the effectiveness of the implemented policies and practices to ensure their efficiency and effectiveness in meeting the company objectives.
• Managing Board and committees’ affairs.
• Review various contracts and agreements, including SLAs and outsourcing arrangements, to ensure compliance with applicable regulations.
• Conducting review sessions to confirm compliance with rules and regulations and provide compliance guidance.
• Recommend initiating investigative procedures in response to alleged violations of rules, regulations, policies, procedures, and company code of conduct.
• Oversee the development and follow-up of the implementation of the Governance and Compliance strategy and methodology to ensure that company interests and objectives are met, reduce risks, improve its reputation and enhance the confidence of stakeholders.
• Oversee the risk analysis and assessment of the company, ensure and update the risk register, develop controls and contingency plans to mitigate and reduce the impact on reputation and stability
• Managing the department budget and resources.
• Participate in the development of the internal control systems and procedures.
• Developing the department strategy, plans, and objectives.
• Accountable for overseeing internal control systems and procedures, protecting the company from compliance risk.
• Managing the relationships between the company and the regulatory bodies.
• Provide the company employees and management periodic training on compliance-related topics, policies, and procedures.
• Monitoring the implementation of compliance, AML, and corporate governance plans and programs.
• Working closely with risk management, finance, legal, internal, and external audits.
• Conducting periodic meetings with the Audit Committee and other committees to discuss compliance issues.
• Providing strategic direction to the management team on compliance.
• Developing and enhancing the company manuals, policy, procedures, and processes.
• Providing guidance and advice to the board of directors, committees, senior management, and other employees.
• Reporting the compliance issues along with the recommendations to senior management and Audit committee.
• Developing and enhancing compliance culture.
• Stay abreast of key regulatory developments and interpret how these will affect the business.
• Conducting review sessions to confirm compliance with rules and regulations and provide compliance guidance.
• Provide advice as needed or required to internal and external stakeholders regarding any unethical activities or predicted challenges and threats that might harm the business.
• Recommend the initiation of investigative procedures in response to alleged violations of rules, regulations, policies, procedures, and the Code of Conduct.
• Oversees compliance reviews in collaboration with constituent divisions, departments, and units.
Managing customer service and ensure to provide high services quality.
• Compliance and AML monitoring
• Managing third party relations.
• Monitoring and managing team performance.
• Branch balance sheet controlling and monitoring.
• System and equipment management.
• Monitoring and controlling branch transactions and activities.
• Monitoring the implementation of bank policies and procedures.