Head of Compliance-KSA -Riyadh| Financial Services| Orient Insurance
Location: SA Develop and implement a compliance strategy and framework aligned with business goals and regulatory requirements, working collaboratively with Legal, Risk Management, Internal Audit, and Operations to integrate compliance across all business functions.
Lead compliance initiatives to embed a strong compliance culture across the organization.
Provide strategic guidance to senior management on compliance matters, emerging risks, and regulatory changes.
Develop and deliver compliance training programs for employees at all levels, promoting awareness of regulatory requirements and ethical standards.
Ensure employees are informed of new and changing regulations that impact their roles and responsibilities.
Comprehensive understanding of compliance frameworks, regulatory requirements, and industry best practices.
Strong risk assessment and problem-solving skills.
Excellent interpersonal and communication skills, with the ability to engage effectively with regulators, senior leadership, and employees.
High ethical standards and the ability to handle sensitive matters with discretion.
Proficiency in compliance management tools and relevant technology.
Adherence to regulatory requirements and reduction in compliance breaches.
Effectiveness of compliance training programs.
Timely submission of regulatory reports and filings.
Stakeholder satisfaction with the compliance function.
Successful regulatory audits with minimal findings or penalties.
Education: Bachelor’s degree in Law, Business Administration, Finance, or a related field. A master’s degree or legal qualification is an advantage.
Certifications: Relevant certifications such as CAMS (Certified Anti-Money Laundering Specialist), CRCM (Certified Regulatory Compliance Manager), or equivalent are preferred.
Minimum 10 years of experience in compliance, legal, or regulatory roles, with at least 5 years in a leadership capacity.
* Extensive knowledge of insurance regulations and standards in KSA.
