Sr. Compliance Officer - Compliance Governance
Alrajhi Bank
مجموع سنوات الخبرة :8 years, 6 أشهر
Update/ develop Compliance group policies& procedures and upload them on the website (Compliance page).
Review the Bank wide policies and ensure they are in line with related SAMA instructions, circulars, rules and regulations. In addition, manage policies& procedures database on system.
Participate effectively for prepare and review Compliance Annual Report, which is required by SAMA in timely manner.
Prepare Compliance group agenda, presentations and reports for related committee’s meetings, such as Compliance Committee, High Management Committee and Board Audit& Compliance Committee in timely manner.
Follow up and obtain the necessary approvals for Compliance group (policies, procedures, charter, program, plan, annual report and assessment) from BoD, CEO, committees, general manager and related depts.
Prepare presentation and justification for any changes/ updates of Compliance policies to the BoD and the related committees.
Manage and update job description for all Compliance group employees and make sure it’s matched with the depts roles& responsibilities.
Also, ensure the staff joined have a job description.
Prepare other specified and required reports by SAMA.
Solve, follow and close SAMA, Internal& External Audit observations in timely manner.
Provide various depts/ units required advisory and consultation.
Review business departments procedures and ensured they were in line with SAMA rules& regulations.
Review Business Requirement Document (BRD’s) for the new products & services or their enhancements and ensured they were applying the approved internal policies and comply with related rules & regulations issued by SAMA.
Review adv campaigns of the Marketing dept before they published it and ensure all were not against SAMA rules& regulations.
Review customers documents(Final Exit Customers) and ensured the fulfillment of all their documents in accordance with Accounts Opening Rules issued by SAMA.
Participate effectively in preparing sites visit plan to several branches in the Kingdom that should be made annually.
Participate effectively in updating sites visit checklist.
Notes taken while doing the sites visit.
Prepare reports with observations/ recommendations after the sites visit were done.
Follow up and keep the database updated.
Control SARIE account and other several payments accounts.
Solve pending payments with related depts.
Escalate any huge pending payments to managements level.
Ensure that, all transactions are reconciled with local banks in specific accounts.