About the role
Job Purpose: To support the Chief Compliance Officer in ensuring full compliance with applicable laws, regulations, and regulatory requirements, while strengthening the company’s compliance framework and promoting a culture of compliance. Key Responsibilities: Regulatory Compliance & Monitoring - Monitor compliance with applicable laws and FRA regulations. - Ensure adherence to internal policies and governance frameworks. - Track regulatory updates and assess impact. - Support communication with regulators under CCO supervision. Policy & Procedure Management - Assist in drafting and updating compliance policies. - Ensure alignment with regulatory requirements. - Support implementation across departments. Compliance Reviews & Testing - Conduct compliance reviews and thematic checks. - Identify risks and control gaps. - Follow up on corrective actions. Reporting & Escalation - Prepare compliance reports for the CCO. - Escalate material breaches promptly. - Maintain documentation and audit trails. Advisory Role - Provide compliance guidance on new products and processes. - Ensure alignment with responsible pricing and consumer protection. Training & Awareness - Deliver compliance training sessions. - Promote ethical conduct and compliance culture. Complaints & Breach Handling - Monitor complaint handling. - Ensure regulatory compliance in resolutions. - Track compliance violations.
Education: Bachelor’s degree in Law, Finance, Business Administration, or related field. - Certifications preferred. Experience: 2-5 years in compliance within financial services or microfinance. - Strong knowledge of FRA regulations. Skills: Strong analytical and regulatory knowledge. - Excellent communication (Arabic & English). - High integrity and attention to detail. KPIs: Timely reporting - Compliance breach levels - Audit outcomes - Staff awareness
