Chief Compliance Officer

Alesayi Motors; Riyadh; On-site; SAR 300,000 - 400,000; Full time

Job summary

A leading automotive dealership in Saudi Arabia seeks a Chief Compliance Officer (CCO) to oversee compliance with regulatory requirements and internal policies. You will develop a compliance program, conduct audits, and ensure ethical practices. The ideal candidate has significant experience in the automotive sector along with relevant certifications. This role offers an opportunity to maintain the integrity of the organization and work closely with the CEO.

Qualifications

• Proven experience in a compliance role within the automotive industry.
• Strong understanding of regulatory requirements applicable to automotive dealerships.
• Exceptional analytical skills with practical solutions to complex compliance issues.

Responsibilities

• Develop and maintain a compliance program aligned with strategic goals.
• Conduct compliance audits and assessments to identify risks.
• Provide compliance training to employees and foster ethical behavior.
• Monitor changes in laws affecting the automotive industry.

Skills

Regulatory Knowledge

Risk Management

Communication Skills

Analytical Skills

Leadership

Education

Advanced degree in law, business administration, or a related field

Professional certifications (CCEP, ISO 37301, etc.)

Job description

Overview

We are seeking a highly skilled Chief Compliance Officer (CCO) to join our automotive dealership and distribution company. The ideal candidate will be responsible for overseeing and ensuring compliance with all regulatory requirements, internal policies, and industry standards. This role is pivotal in maintaining the integrity and reputation of our organization while fostering a culture of compliance across all levels. The CCO will report directly to the CEO and work closely with various departments to identify compliance risks and implement effective controls. The successful candidate will have a deep understanding of the automotive industry, regulatory frameworks, and best practices in compliance management.

Responsibilities

• Develop, implement, and maintain a comprehensive compliance program that aligns with the company's strategic goals.
• Conduct regular compliance audits and assessments to identify areas of risk and ensure adherence to policies and regulations.
• Provide guidance and training to employees on compliance-related matters, fostering a culture of ethical behavior and accountability.
• Monitor changes in laws and regulations affecting the automotive industry and ensure the organization adapts accordingly.
• Collaborate with internal teams to develop and enforce compliance policies and procedures that mitigate risk.
• Serve as the primary point of contact for regulatory agencies and manage all communications related to compliance issues.
• Prepare and present compliance reports to the executive team and the board of directors, highlighting key risks and mitigation strategies.
• Investigate and resolve compliance-related issues and concerns in a timely and effective manner.
• Lead compliance-related projects and initiatives aimed at improving the overall compliance posture of the organization.
• Engage with external auditors and consultants to enhance the effectiveness of the compliance program.

Preferred Candidate

• Proven experience in a compliance role within the automotive industry or a related field.
• Strong understanding of regulatory requirements and compliance frameworks applicable to automotive dealerships.
• Exceptional analytical skills with the ability to assess complex compliance issues and develop practical solutions.
• Excellent communication and interpersonal skills, capable of building relationships at all levels of the organization.
• Strong leadership skills with a track record of leading compliance teams and initiatives.
• Demonstrated ability to influence and drive change within an organization.
• High level of integrity and ethical standards, with a commitment to transparency and accountability.
• Ability to work under pressure and manage multiple priorities effectively.
• Advanced degree in law, business administration, or a related field is preferred.
• Professional certifications such as:
• Certified Compliance and Ethics Professional (CCEP)
• ISO 37301: Compliance Management System
• SAMA Regulatory Compliance Certification
• SMA (Saudi Market Authority) Compliance Certification
• Certified Risk and Compliance Management Professional (CRCMP) or equivalent.

Skills

• Regulatory Knowledge: A thorough understanding of local and international regulations affecting the automotive industry, ensuring compliance with all legal standards.
• Risk Management: Expertise in identifying, assessing, and mitigating compliance risks, enabling proactive management of potential issues.
• Communication Skills: Strong verbal and written communication abilities to effectively convey compliance policies and procedures to staff and stakeholders.
• Analytical Skills: Proficiency in data analysis and interpretation to evaluate compliance metrics and identify trends that inform decision-making.
• Leadership: Proven leadership capabilities to inspire and guide teams in fostering a culture of compliance throughout the organization.