Risk & Compliance Specialist
📣 Job Ad| Contract Type | Full-time | |
| Workplace type | On-site | |
| Location | Riyadh |
Job Description
About the Role
Floward is seeking a Risk & Compliance Specialist to join its team in Riyadh, Saudi Arabia. This full-time role involves managing defined compliance domains such as data privacy, anti-money laundering, anti-bribery, and licensing across the Group. The specialist will conduct structured assessments, drive remediation efforts, and provide subject-matter guidance to ensure organizational compliance and effective risk management across various jurisdictions.
Key Responsibilities
- Own assigned compliance domains, including data privacy (PDPL and GDPR), AML, anti-bribery, and licensing.
- Interpret applicable regulations and translate them into practical obligations for the business.
- Maintain domain-specific compliance frameworks, controls, and checklists.
- Advise business owners on domain requirements and compliant approaches.
- Monitor regulatory developments in assigned domains and update controls as necessary.
Assessment and Remediation
- Conduct structured risk-based and current-state assessments within assigned compliance domains.
- Identify gaps, categorize exposure levels, and develop comprehensive remediation action plans.
- Drive remediation efforts with business owners and track corrective actions through to closure.
- Monitor and report on the effectiveness of controls and mitigation strategies.
- Escalate material breaches and significant exposures promptly to relevant stakeholders.
Policy, Monitoring, and Audit Support
- Write and review policies and procedures for assigned compliance domains.
- Conduct operational, financial, and legal compliance monitoring reviews.
- Support internal and external audits by providing evidence and domain expertise.
- Maintain the compliance tracker for domain licenses, filings, and renewals.
- Deliver domain-specific awareness and training to relevant stakeholders across the organization.
Reporting and Coordination
- Prepare domain compliance reports, dashboards, and confirmations.
- Coordinate with Legal, Finance, and department owners on various compliance matters.
- Maintain accurate status logs across obligations, assessments, and remediation activities.
- Support the development of compliance metrics and monitoring summaries.
- Contribute to the continuous improvement of the overall compliance program.
Qualifications and Experience
Candidates should possess 2-5 years of relevant experience in risk and compliance. The role requires a strong understanding of regulatory frameworks and the ability to translate complex regulations into actionable business obligations.
Requirements
- Requires 2-5 Years experience
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