Chief Compliance Officer

Aventus Global Talent; Riyadh; On-site; SAR 300,000 - 400,000; Full time

Job summary

A leading banking institution in Riyadh is seeking a Chief Compliance Officer to oversee compliance strategies and ensure adherence to regulatory requirements. The role requires significant experience in banking compliance, leadership skills, and the ability to engage with regulators effectively. Key responsibilities include managing compliance programs, conducting audits, and training staff on compliance matters.

Qualifications

• 12-15 years in banking compliance or regulatory roles.
• At least 5 years in a leadership position.
• Deep knowledge of SAMA regulations.

Responsibilities

• Develop and maintain a robust bank-wide compliance program.
• Conduct risk assessments and internal audits.
• Serve as the primary contact for regulatory examinations.

Skills

Regulatory compliance

Risk assessment

Stakeholder engagement

Analytical skills

Strategic thinking

Education

Professional certifications (CCEP, CRCM, CAMS)

Tools

GRC tools

Compliance systems

Data analytics

Job description

Title: Chief Compliance OfficerLocation: Riyadh, Saudi Arabia

About the ClientOur client, a progressive banking institution, is seeking a Chief Compliance Officer to join their team. This pivotal role will oversee the development and implementation of comprehensive compliance strategies, ensuring adherence to regulatory requirements and internal policies across the organization.

Key ResponsibilitiesDevelop and maintain a robust bank-wide compliance program (policies, procedures, controls)Conduct risk assessments and internal audits to identify and mitigate regulatory and operational risksInvestigate compliance breaches, enforce corrective actions, and verify resolutionServe as the primary contact for regulatory examinations and inquiriesReport compliance status and risk exposure to senior management and the BoardDeliver comprehensive compliance training across the organizationCollaborate with legal, risk, audit, and operations to embed compliance into business processesMonitor regulatory developments (AML, GDPR, local banking laws) and update frameworks accordinglyOversee vendor and third-party compliance through due diligence and ongoing oversight

Requirements12-15 years in banking compliance or regulatory roles, with at least 5 years in a leadership positionDeep knowledge of SAMA regulationsProven track record building or enhancing compliance programs (risk assessments, monitoring, reporting)Experience interfacing with regulators and managing audits or examinationsStrong analytical, strategic thinking, communication, and stakeholder engagement skillsProfessional certifications desirable: CCEP, CRCM, CAMS, or equivalentFamiliarity with compliance systems, GRC tools, and data analyticsHigh ethical standards with a strong commitment to compliance culture