Compliance and Risk Manager - Retail | Saudi Arabia

Riyadh, Saudi Arabia

Leverage your abilities and join the dynamic team of a leading Saudi retail company. 

Our client is a well-known Saudi company owned by a successful Holding company. They're known for their high-quality products and have many branches around the world. 

Work Location: Riyadh, Saudi Arabia. 

The Compliance and Risk Manager will develop, implement, and manage the company's compliance and risk management programs. This role involves ensuring that the company complies with all relevant laws, regulations, and internal policies while identifying and mitigating risks.

Key Accountabilities

  • Develop and implement compliance policies and procedures to ensure adherence to local, state, and federal regulations.
  • Monitor and assess the company's compliance with regulatory requirements and internal policies.
  • Conduct regular audits and reviews to ensure the company's adherence to compliance standards.
  • Provide guidance and support to various departments on compliance-related matters.
  • Identify, assess, and prioritize potential risks to the company's operations, reputation, and profitability.
  • Develop and implement risk management strategies and action plans to mitigate identified risks.
  • Monitor and report on the effectiveness of risk management strategies.
  • Conduct regular risk assessments and reviews, updating risk management policies as necessary.
  • Foster a culture of compliance and risk awareness throughout the organization.
  • Communicate compliance and risk management updates and changes to relevant stakeholders.
  • Maintain comprehensive records of compliance activities, risk assessments, and incident reports.
  • Investigate and respond to compliance violations and risk incidents.
  • Develop corrective action plans and ensure timely resolution of compliance issues.
  • Report significant compliance and risk incidents to senior management and regulatory authorities.

Knowledge, Skills, and Experience

We Are Looking For:

  • Bachelor's degree in Law, Business Administration, Finance, or a related field. Master's degree or professional certifications (e.g., CRCM, CRMA, CCEP) preferred.
  • Minimum of 10 years of experience in compliance and risk management, preferably in the retail industry.
  • In-depth knowledge of regulatory requirements and risk management principles.
  • Previous experience with IPO-listed companies in Saudi Arabia.
  • Strong analytical and problem-solving skills.
  • Excellent communication and interpersonal skills.
  • Ability to work independently and collaboratively in a fast-paced environment.
  • Proficiency in compliance and risk management software and tools.

Compliance and Risk Manager - Retail | Saudi Arabia

Job description

Compliance and Risk Manager - Retail | Saudi Arabia

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