Compliance Counsel

Saudi Aramco; Saudi Arabia; On-site; SAR 900,000 - 1,500,000; Full time

Job summary

Saudi Aramco is seeking a Compliance Counsel to join the Transactions, Sustainability & Reporting Compliance Department within Global Corporate Compliance. You will provide international trade legal advice, oversee export controls, sanctions, and related regimes for the company’s global operations.

The role requires a law degree, 10 years’ experience in international trade, and ability to guide internal stakeholders and manage external counsel, while ensuring adherence to worldwide regulatory

Qualifications

• Bachelor of Law degree required; Master/JD preferred.
• Minimum 10 years of international trade experience.
• Experience advising on sanctions, licensing, and trade controls.

Responsibilities

• Provide international trade legal advice for the jurisdiction and business needs.
• Develop procedures for export controls, sanctions, CFIUS/FDI, antiboycott and customs, WTO obligations.
• Support internal stakeholders in developing robust export control programs.
• Identify international trade risks and design risk controls.
• Develop and deliver international trade training to employees and management.
• Conduct regulatory due diligence for new opportunities, acquisitions, financings.
• Counsel and participate in compliance-related technology development projects.
• Manage outside counsel and integrated project teams.
• Oversee Aramco’s compliance program obligations and interactions with government agencies.
• Monitor regulatory developments and update policies accordingly.
• Support Aramco’s global operations with expert compliance counseling.

Skills

International trade law

Export controls

Economic sanctions

CFIUS/FDI

Antiboycott

Customs laws

Regulatory compliance

Policy development

Education

Bachelor of Law

Master/Juris degree preferred

Tools

Refinitiv World-Check

Dow Jones RiskCenter

Job description

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Aramco occupies a special position in the global energy industry. We are one of the world’s largest producers of hydrocarbon energy and chemicals, with among the lowest Upstream carbon intensities of any major producer.

With our significant investment in technology and infrastructure, we strive to maximize the value of the energy we produce for the world along with a commitment to enhance Aramco’s value to society.

Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a generations’ spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdom’s vast hydrocarbon resources. This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom, but also to a vast number of communities, economies, and countries that rely on the vital and reliable energy that we supply.

We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization.

Overview

We are seeking a Compliance Counsel to join the Transactions, Sustainability & Reporting Compliance Department within Global Corporate Compliance Business of the Aramco Law Organization.

The Transactions, Sustainability & Reporting Compliance Department provides ground-floor guidance and knowledge on international trade matters, along with a broad spectrum of compliance matters that confront a multinational energy company and its global subsidiaries and joint venturess

The Compliance Counsel will support compliance objectives as well as providing legal advice, oversight, and governance on a wide range of complex legal and business issues related to international trade. Key areas include export controls, economic sanctions, trade remedies (e.g., antidumping, anti-subsidy) and WTO considerations, CFIUS and global foreign direct investment (FDI), antiboycott, and customs laws and regulations

Key Responsibilities

As a successful candidate you will be required to perform the following:

• Provide international trade legal advice relevant to the jurisdiction and specific to the business needs and operations.
• Develop business procedures and provide legal advice and operational direction for compliance with export controls, economic sanctions, CFIUS and global foreign direct investment (FDI) regimes, antiboycott and customs, WTO obligations, and to mitigate trade remedies (e.g., antidumping, anti-subsidy) risks.
• Support internal stakeholders in the development of robust internal export control programs.
• Identify international trade risks, design and implement risk management controls.
• Develop and deliver international trade training on any of the key areas, to employees and management.
• Conduct and review regulatory compliance due diligence for new business opportunities, acquisitions, and financings.
• Counsel and actively participating in compliance related technology development projects;
• Manage outside counsel, projects and integrated project teams.
• Oversee Saudi Aramco’s compliance program obligations, including meeting all commitments of governmental trade obligations, as well as interaction with governmental agencies, as necessary.
• Monitor legal and regulatory requirements and developments to ensure current and accurate compliance policies and procedures.
• Supporting Saudi Aramco’s extensive global operations – including its numerous subsidiaries and joint ventures – with expert compliance counseling and advice.
• Working with the Practice Area Lead of Int’l Trade Compliance, and the team as a whole, to address compliance concerns raised by business lines, affiliates, and management.

As the successful candidate, you will have:

• A Bachelor of Law degree as minimum. Master or Juris degree preferred.
• Current admission to general practice before the highest court of the state or country of which you are a citizen or resident.
• A minimum of 10 years experience gained in a sophisticated law firm or corporation, with a clear focus on International trade topics.
• Direct experience providing legal advice on international economic sanctions.
• Direct experience with U.S. and EU/UK export licensing requirements and global trade controls operations.
• Experience using Refinitiv World Check, Dow Jones Riskcenter, or other Restricted Party List (RPL) tools to identify and interpret relevant results and provide sanctions advice.
• Pragmatic, business-oriented, approach to challenges and competing priorities and deadlines.
• Demonstrated ability to engage business line leaders to drive implementation of new procedures and legal requirements in a timely manner.

Work Location and Work Schedule

Work Location:Within Saudi Arabia – To be specified in Job offer

Work Schedule:Full Time - To be specified in Job offer

Our high-performing employees are drawn by the challenging and rewarding professional, technical and industrial opportunities we offer, and are remunerated accordingly.

At Aramco, our people work on truly world-scale projects, supported by investment in capital and technology that is second to none. And because, as a global energy company, we are faced with addressing some of the world’s biggest technical, logistical and environmental challenges, we invest heavily in talent development.

We have a proud history of educating and training our workforce over many decades. Employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs – one of the largest in the world.