Senior Risk and Compliance Officer - Arabic Speaker

Role Summary

The position is responsible for leading the organization's risk and compliance framework, ensuring regulatory compliance, identifying and mitigating enterprise-wide risks, and overseeing outsourced legal and internal audit functions.

• Review and enhance the company's risk management strategy.
• Recommend changes to credit limits, products, exposure levels, and risk controls.
• Conduct regular portfolio risk assessments.
• Provide recommendations to optimize market positioning while mitigating risk.
• Implement risk management policies, procedures, and controls across the organization.

• Lead the compliance function and ensure adherence to regulatory requirements.
• Develop and execute an annual compliance plan.
• Monitor regulatory developments and ensure organizational compliance.
• Promote a strong compliance culture through awareness, training, and development initiatives.
• Manage regulatory inspections and support successful outcomes.

• Serve as the primary liaison with regulatory authorities.
• Maintain strong relationships with regulators.
• Ensure timely submission of statutory and regulatory reports.

• Coordinate with outsourced internal audit providers.
• Ensure audits are conducted according to policies, procedures, and legal requirements.
• Track and manage implementation of audit recommendations.
• Monitor corrective actions and risk mitigation efforts.

• Centralize and oversee legal matters across the company.
• Manage relationships with external legal service providers.
• Coordinate legal support between departments.
• Support procurement and management of legal services.

• Prepare reports for the Board, CEO, and Audit & Risk Committee.
• Report on risk, compliance, audit, and legal findings.
• Conduct root‑cause analysis of issues and recommend corrective actions.
• Ensure departmental activities comply with corporate policies and regulatory requirements.

• Bachelor's or Master's degree (Finance preferred).
• Additional legal background is advantageous.

• Risk, Compliance, Legal, or Governance certifications preferred.
• Examples may include FRM, CAMS, CRCM, ICA certifications, or legal qualifications.

• 10+ years in investment banking, commercial banking, or related financial services.
• Demonstrated experience implementing and managing an Enterprise Risk Management (ERM) framework.
• Experience interacting with regulators, auditors, and senior executives.
• Leadership experience managing risk, compliance, audit, and governance activities.

• Enterprise Risk Management (ERM)
• Regulatory Compliance
• Governance & Controls
• Operational Risk
• Legal & Regulatory Knowledge
• Internal Audit Coordination
• Stakeholder Management
• Leadership and Strategic Thinking