Overview

Head Of Compliance Job in Riyadh, Saudi Arabia at Forefront Middle East

Job Description

Our client is a leading regulated Wealth Management company in the Market that preserves multi-generational wealth of clients in the GCC. It identifies investment, assess Return on Investment, and manage clients’ portfolios.

It is currently looking for a Head of Compliance to join its team.

The Head of Compliance ensures compliance with local and international regulatory requirements, liaises and follows up with different stakeholders on compliance issues, conducts regular compliance review and preparation of compliance reports.

The role will report to the Board Director of Group Company. The role would require the candidate to possess a strong control, audit and management mindset and in particular a good understanding of international regulatory requirements.

Head of Compliance Responsibilities:

  • Monitor compliance/ corporate governance/CRS/FATCA requirements for KSA and overseas offices
  • Carry out MLRO tasks for KSA and overseas offices
  • Carry out regular compliance tests and reviews for external regulatory requirements
  • Prepare internal MIS and compliance reports
  • Prepare communication and correspondences for the regulator
  • Follow up and liaise with other departments on regulatory reporting requirements
  • Ensure compliance with certain internal policies and procedures managed by Compliance unit
  • Act as coordination for regular policies and procedures updates across the firm
  • Monitor level of services with the overseas compliance vendors
  • Ensure unbiased presentation of performance report s for client letters and presentations
  • Prepare training material for internal usage
  • Supervise on various projects undertaken by Compliance department
  • Ensure compliance with AML/KYC requirements including AML assessment
  • Monitor AML/KYC matters and other clients’ documentation
  • Manage other administrative compliance tasks including and not limited to maintain the compliance internal site and compliance policies and procedures
  • Coordinate external auditor requirements

Job Details

Job Location
Riyadh, Saudi Arabia

Company Industry
Financial Services

Company Type
Recruitment Agency

Employment Type
Unspecified

Monthly Salary Range
Unspecified

Number of Vacancies
1

Preferred Candidate

Career Level
Director/Head

Years of Experience
Min: 5

Residence Location
Riyadh,Saudi Arabia

Nationality
Saudi Arabia

Degree
Bachelor’s degree / higher diploma

About Company

Company: Forefront Middle East

Company Location:  Riyadh, Saudi Arabia

Job Category: Financial Services

About Forefront Middle East