UOVERVIEW

Position

Compliance Advisory Professional 

Job Code

Reports to

Compliance - Senior Manager

Direct Reports

0

Division/Section

Compliance

Department

GRC

Sector

GRC

Job Family

Role Purpose

• Support the implementation of NEOM’s compliance framework and standards through maintaining a program of continuous improvement through compliance risk assessments, compliance controls testing and monitoring.
• Proactively promote Compliance in front of the business, support functions and other control functions, whilst always maintaining an independent viewpoint.
• Support the identification and review of key regulatory changes through effective and regular Horizon Scanning and provide the business with guidance to empower them to implement associated changes.
• Understand and apply external business standards, sharing good industry practice and provide guidance to the business as required.
• Contribute to relevant internal policies and risk assessments to ensure these are up to date and fit for purpose and cover all relevant parts of the business.
• Draft and maintain Compliance Policies and Procedures.
• Support and role model the compliance culture within the business.

KEY ACCOUNTABILITIES & ACTIVITIES

Responsibilities:

• Provide the business with timely and relevant regulatory advice and guidance to enable them to assess the impact and implement any associated changes to comply.
• Understand and apply external business standards, sharing good industry practice and provide guidance to the business as required.
• Draft and maintain Compliance Policies and Procedures.
• Supports identification and execution of strategic and complex enterprise improvement opportunities of the compliance programme.
• Support on the ongoing and continuous improvement of the overall compliance framework and its related controls
• Promotes a culture of excellence and continuous improvement through testing and monitoring.
• Supports creation of annual testing plan for compliance controls and processes and leads control testing exercises or leverages subject matter expertise to complete control testing exercises.
• Supports the Regulatory Compliance Senior Manager to advise Sector Heads and their Compliance resources on Compliance strategy and implementation.
• Supports the Head of Compliance in developing reports for the Ex-Com, oversight committees and the Audit Committee.
• Assists with review and implementation of business process change to incorporate compliance policies and procedures and drive risk reduction.
• Supports the Regulatory Compliance Senior Manager in taking a strategic and holistic view of risk.  Supports in keeping updated and informed on latest updates or developments in the compliance world.
• Use the risk assessment process alongside business inputs to proactively identify emerging risks, including cultural aspects of risks.

BACKGROUND, SKILLS & QUALIFICATIONS

Knowledge, Skills and Experience

• Minimum of 5 years’ experience in a global organization, ideally within risk or compliance or audit.
• Understanding of Risk and Control matrices with knowledge of regulatory risk and the operational requirements to maintain compliance through implementation of controls and activities.
• Familiarity with corporate compliance program and/or experience working on legal and regulatory analysis.
• Ability to support drafting of reports, findings, assessment work and other work products as required by the Compliance Improvement program or wider management.
• Demonstrable experience of effective communication with all levels of stakeholders.
• Ability to analyse processes, identify compliance risks, and propose and document solutions.
• Ability to make effective and persuasive presentations on complex topics to key stakeholders.
• Ability to build and maintain relationships with colleagues within the business and support areas to provide advice and guidance on matters raised.
• Advanced knowledge of computer software and hardware (i.e., Microsoft Office Suite Products).
• Advanced organisational skills, attention to detail.
• Ability to work well under pressure with proactive approach to routine and non-routine occurrences.

Qualifications

Bachelor’s degree. 5+ years of professional experience in a Risk, Audit or Compliance setting such as a professional advisory firm or corporate compliance firm.

COMMUNICATION - MAIN STAKEHOLDERS

Internal

External

Compliance, Risk, Financial Control, Legal, Investigations team.

External Compliance service providers.

Law Firms or professional advisory firms.