Roles & Responsibilities:

• Develop and review company policies.
• Create and manage effective action plans in response to audit discoveries and compliance violations.
• Regularly audit company procedures, practices, and documents to identify possible weaknesses.
• Assess company operations to determine compliance.
• Ensure all employees are informed on the latest regulations and processes.
• Prepare a checklist for all company departments inclusive all SAMA regulations.
• Advise management on the company’s compliance with laws and regulations through detailed reports.
• Resolve employee issue about legal compliance.
• Implement and manage an effective legal compliance program.
• Participation in the various committees of the company, if required, specifically those related to the development of the company's procedures and activities
• Follow-up and remind the company's departments of the final dates of reports and the requirements of the regulatory agencies to meet them.
• Monitor the activities of other departments and coordinate with them to ensure their compliance with the regulations.
• Cooperation with the company's departments to provide advice on compliance with regulations and instructions.
• Submit quarterly reports to the Audit Committee to assess department performance.
• Perform any other duties assigned by the management.

Certifications and experience:

• Minimum Education Level: bachelor’s degree in finance/legal/economics/business
• Any further professional certification related to compliance and/or anti-money laundering.
• 2-3 years’ experience in insurance and/or compliance department within a financial/commercial organization
• Up-to-date knowledge of insurance regulations, rules, guidelines, and laws
• Arabic and English language capability (good level of both written and oral)