Governance, Risk & Compliance Supervisor
Full time
at a Laimoon Verified Company
in
Saudi Arabia
Posted on January 3, 2025
Job details
Governance, Risk & Compliance Supervisor
The Governance, Risk, and Compliance (GRC) Supervisor will enable corporate governance, risk, and compliance initiatives through developing an understanding of processes, system flows in line with business objectives, and risk & control activities while adhering to Group and Subsidiaries requirements. This position will report to the Group GRC Manager to execute and maintain a robust governance, risk, and compliance program that proactively manages risks and supports the implementation of GRC projects. Following Duties & Responsibilities are expected from this Position: Governance- Assist GRC Manager in implementing, monitoring, reviewing, and updating the governance, risk, and compliance management frameworks and related policies and procedures in line with applicable laws and regulations.
- Liaise with business stakeholders to assess, recommend, and support the implementation of business processes that maintain or improve organizational compliance while meeting business functional requirements.
- Assist GRC Manager in overseeing the process of review and optimization of Delegation of Authorities implementation for Group and subsidiaries and confirm execution and embedment of approvals in the system.
- Assess and monitor the organization's adherence to the internal operational policies and procedures and any external legal, regulatory, statutory requirements, or contractual requirements, and come up with appropriate strategies to ensure organization-wide awareness and compliance.
- Assist GRC stakeholders in building a strong governance and management culture across GRC.
- Provide support to GRC Manager for all ongoing governance projects across Group and subsidiaries.
- Assist GRC Team in monitoring the progress of the risk mitigation strategies and escalate any deviations to the relevant stakeholders.
- Engage with process owners and develop effective working relationships to support cooperative responses against identified risks by developing and implementing comprehensive risk mitigation strategies and monitor progress to ensure that risks are effectively managed against Group and subsidiaries’ purpose and objectives.
- Assist GRC team in preparation of regular reports to communicate the Enterprise risk management plans, progress, results, or challenges for group & subsidiaries’ management.
- Enhance GRC tools, practices, and policies to analyze and report on GRC risk, and to manage risks according to the established risk framework.
- Implement internal compliance strategic objectives and provide operational oversight and control of compliance activities and contribute to the organization’s strategic objectives within set policies and processes.
- Ensure that the organization adheres to all relevant laws, regulations, and internal policies by developing and implementing compliance programs, establishing the compliance calendar, performing compliance reviews at different subsidiaries, and providing guidance and support to process owners.
- Assist GRC Manager in developing and implementing compliance programs and policies in accordance with external and internal industry-specific compliance obligations.
- Monitor internal and external compliance requirements of Group and subsidiaries in coordination with relevant stakeholders.
- Confirm that the compliance framework continuously adapts to support operational, business, and legal changes.
- Assist GRC Manager in setting out an annual compliance action plan that reflects the unique characteristics of the organization. Review compliance plan periodically considering the changes.
- Follow-up with departments where compliance risk has been identified to ensure that remedial action is implemented.
- Provide guidance, counseling, training, and/or educational programs to improve the facility understanding of relevant laws and regulatory requirements.
- Prepare and submit clear and brief compliance reports to Group GRC Manager highlighting key compliance metrics and any areas of concern.
- Collaborate with internal stakeholders such as HR, Legal, and IT Operations to confirm compliance processes are integrated effectively within the organization.
- Assist in designing a regular compliance monitoring program to prepare a compliance plan that detects non-compliances with regulations and approved policies, procedures, and guidelines across Group and subsidiaries.
- Assist in developing training and awareness programs to increase compliance culture across Group and subsidiaries.
- Excellent communication and interpersonal skills, with the ability to effectively collaborate with internal and external stakeholders at all levels.
- Strong analytical and problem-solving skills, with the ability to identify and assess risks across a variety of areas.
- Strong networker and sharing ideas and knowledge.
- Clear and up-to-date understanding consulting latest and best practices.
- Ability to think strategically in terms of culture and behavior, business processes, and technology and tools.
- A bachelor’s or master’s degree in business, accounting, finance, computer science, information systems, or a related discipline.
- 3+ years of Business Consultancy Projects, Project Management, Business Process Reviews, Risk Management, or related experience.
- Experience in a Big4 firm with a focus on risk management would be an advantage.
- Knowledge of regulatory & compliance.
- Advanced Excel, Word, PowerPoint, Visio. SAP knowledge is an advantage.
Seniority level
Mid-Senior levelEmployment type
Full-timeJob function
OtherIndustries
Industrial Machinery Manufacturing #J-18808-LjbffrApply safely
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