Compliance Assessment Lead Specialist

Purpose of Job

Jobholders at this level are experienced professionals capable of conducting work with general directions. They are primarily concerned with developing solutions to challenges which require some analysis to understand and resolve, and addressing issues escalated from junior levels.

Job Resposiblites

• Periodically identify and evaluate/review existing and new compliance risks (at least every year) through a dedicated risk assessment department (in alignment with the Risk Analysis Department and the Compliance Control Department)
• Continuously measure key risk indicators associated with compliance risk to identify deviations, assess and address root causes of deviations, provide clarifications as a basis for inspection and status reports, and compile recommended plans for mitigation measures (if required)
• Regular follow-up with management on the implementation of the specific plan of mitigation measures, including updates and ongoing initiatives to improve identified areas of improvement, based on the consolidated report
• Develop a compliance reporting framework for risks for which the General Directorate of Governance and Compliance is responsible, including reporting forms, tools and timelines to allow for appropriate follow-up and continuous reporting
• Gather inputs from other departments of the General Directorate of Governance and Compliance and integrate reports of the concerned entities
• Take responsibility for the risk assessment, review and updating methodology  (in alignment with the Risk Analysis Department)

Job Details

Communication and Contacs

Education

Bachelor’s degree in Legal Studies or Business Administration or equivalent 

Experience

A minimum of 4 years of relevant experience

Competencies