Manager - Anti-Bribery & Corruption

Job Description The role is responsible for implementing the organization’s Anti-Bribery & Corruption (ABC) and financial crime compliance activities by assisting in the monitoring, and continuous improvement of relevant programs and controls. The role preforms ABC risk assessments, whistleblowing activities, financial crime reporting, and related compliance initiatives. The Officer works with relevant internal and external stakeholders to support regulatory compliance, identify potential risks, and promote a culture of integrity and ethical conduct across the organization.

Job Description The role is responsible for implementing the organization’s Anti-Bribery & Corruption (ABC) and financial crime compliance activities by assisting in the monitoring, and continuous improvement of relevant programs and controls. The role preforms ABC risk assessments, whistleblowing activities, financial crime reporting, and related compliance initiatives. The Officer works with relevant internal and external stakeholders to support regulatory compliance, identify potential risks, and promote a culture of integrity and ethical conduct across the organization.

• Own, maintain, and periodically review the ABC Risk Assessment Methodology, including the risk taxonomy, inherent risk factors, control effectiveness criteria, scoring model, risk appetite thresholds, and residual risk rating scale, and obtain approval of material changes through the applicable governance route.
• Define the annual assessment scope and coverage across business units, products, services, delivery channels, processes, geographies, and third-party relationships, applying a documented risk-based rationale for inclusion, exclusion, and assessment depth.
• Ensure the methodology remains aligned with applicable laws, SAMA requirements, the Counter-Fraud Framework, and the Bank's enterprise risk management framework, and document the basis of alignment.

• Plan and deliver the ABC risk assessment cycle in accordance with the Annual Compliance Program, including the assessment calendar, resourcing, milestones, and dependencies, and report progress against plan.
• Design and issue assessment questionnaires, control self-assessment templates, and data requests to business units, and lead assessment workshops and interviews with business and control function representatives.
• Challenge business unit self-assessment responses and asserted control ratings, and validate them against independent evidence including policies and procedures, system configurations, testing results, audit findings, incident and investigation history, gifts and hospitality and conflict of interest registers, and third-party due diligence records.
• Determine inherent risk, control effectiveness, and residual risk ratings for each assessed unit, and document the rationale, evidence relied upon, and any assumptions or limitations supporting each rating.

• Analyze assessment results to identify the Bank's material bribery and corruption exposures, control gaps, concentration areas, and residual risks exceeding risk appetite, and identify trends against prior assessment cycles.
• Prepare the final ABC Risk Assessment Report, including the assessment scope and methodology, risk profile and heat map, key findings, control weaknesses, residual risk position against appetite, and recommended mitigation actions.
• Present assessment outcomes to senior management and the relevant governance committees, and obtain the required approvals and acceptance of residual risk where applicable.
• Agree remediation actions with the accountable business owners, including action definition, ownership, and…