Compliance Officer - Saudi Arabia📣 Job Ad
| Contract Type | Full-time | |
| Workplace type | On-site | |
| Location | Riyadh |
About the Role
Citi is seeking a Compliance Officer to join its Independent Compliance Risk Management (ICRM) team in Riyadh, Saudi Arabia. This role is responsible for developing and implementing internal strategies, policies, procedures, processes, and programs to ensure adherence to laws, rules, and regulations. The Compliance Officer will design and deliver a risk management framework that aligns with the firm's risk appetite and protects its franchise. Collaboration with ICRM product and function coverage teams is essential to develop and apply risk management solutions that meet business and customer needs within the Citi program framework.
The position requires a proactive individual who can assess risk diligently when making business decisions, demonstrating a strong consideration for the firm's reputation and safeguarding Citigroup, its clients, and assets. This involves driving compliance with applicable laws, rules, and regulations, adhering to policy, applying sound ethical judgment, and transparently escalating, managing, and reporting control issues.
Key Responsibilities
- Assist and support senior staff in the design, development, delivery, and maintenance of best-in-class Compliance programs, policies, and practices for ICRM.
- Review materials to ensure compliance with various regulatory and legal requirements.
- Identify potential risks and escalate them for further review as required.
- Maintain reports for control, tracking, and analysis purposes, ensuring appropriate and secure retention of documents.
- Work with more senior staff in investigating and responding to compliance risk management issues and preparing routine correspondence.
- Interact and collaborate with other areas within ICRM and Citi as necessary.
- Assist in the management of the regulatory inventory, the regulatory change management process, and regulatory exam coordination and logistics as required.
- Assist in the preparation, editing, and maintenance of Compliance program-related materials.
- Perform additional duties as assigned.
Qualifications and Requirements
- Excellent written and verbal communication skills.
- Must be a self-starter, flexible, innovative, and adaptive.
- Strong interpersonal skills with the ability to work collaboratively and with individuals at all levels of the organization.
- Strong project management and organizational skills with the capability to handle multiple projects simultaneously.
- Proficiency in MS Office applications, including Excel, Word, and PowerPoint.
- Some knowledge of Compliance laws, rules, regulations, risks, and typologies.
- Some knowledge in the specific area of focus for the role.
- Bachelor's degree; experience in a financial services firm, regulatory organization, or legal/consulting firm, or a combination thereof.
Required Skills
- Compliance
- Risk Management
- Business Acumen
- Credible Challenge
- Laws and Regulations
- Management Reporting
- Policy and Procedure
- Program Management
- Referral and Escalation
- Risk Controls and Monitors
- Risk Identification and Assessment
- Risk Remediation
- MS Office applications (Excel, Word, PowerPoint)
- Written and verbal communication skills
- Self-starter, flexible, innovative, and adaptive
- Interpersonal skills
- Project management and organizational skills
Work Environment
This is a full-time position based in Riyadh, Saudi Arabia. The role falls within the Compliance Job Family Group and specifically the Compliance Risk Management Job Family.
Requirements
- No experience required
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