Manager, Compliance

Role PurposeTo perform all activities that ensures an organization's adherence to laws, regulations, and internal policies, including developing and implementing compliance programs, assessing and managing risks, and monitoring compliance with applicable laws and regulations.Job Accountabilities & Activities Study best practices in legal compliance and contribute to the development of Olayan’s compliance framework including creating detailed action plans taking into consideration lessons learned from previous practices. Assess Olayan’s external legislative environment (i.e. financial regulations and labor laws), identify regulatory requirements and obligations that are applicable to Olayan and assess implications on internal policies, procedures and operations. Check all Olayan’s practices (i.e. financial, human capital, collection), and identify potential legal non-compliance cases in order to implement preventive actions. Develop action plans for solving compliance issues in case of occurrence ensuring issues are solved in a timely and efficient manner. Identify non-compliance risks and their impact on Olayan, develop mitigation plans accordingly and follow-up to ensure their proper implementation. Define and implement preventive actions for resolution of problematic issues while considering general guidance from top management on how to avoid similar situations in the future. Constantly coordinate compliance activities of other departments to remain abreast of the status of all compliance activities and to identify trends. Design a whistleblowing program that encourages employees to report concerns, protects whistleblowers from retaliation, and ensures that reports are handled confidentially and investigated thoroughly. Identify, manage, and disclose potential or actual conflicts of interest to prevent harm to the organization's reputation or financial well-being Raise awareness about compliance to external rules and regulations, and promote a compliance culture within Olayan by providing periodic trainings and awareness sessions in order to gradually reduce occurrence of non-compliance issues. Develop and nurture fruitful relationships with local and international committees and continuously strive to enhance Olayan’s compliance practices.Education & CertificationsBachelor’s degree in Corporate Law or equivalent is required.Required Years Of ExperienceMinimum of 8 to 9 years of experience in the Compliance and Governance domain.