Governance & Compliance Principal Analyst

aramco digital; Saudi Arabia; On-site; SAR 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Governance & Compliance Principal Analyst to lead the development of robust governance frameworks and ensure compliance with regulatory standards. This pivotal role involves collaborating with cross-functional teams to assess operational risks, implement policies, and drive continuous improvement initiatives. The ideal candidate will have a strong background in governance, risk management, and compliance, with a passion for fostering a culture of accountability and operational excellence. Join a forward-thinking organization that values innovation and integrity in its operations.

Qualifications

• 5+ years of experience in governance, risk management, and compliance.
• Experience in developing governance frameworks and ensuring compliance.

Responsibilities

• Develop and maintain governance frameworks aligned with KSA regulations.
• Monitor compliance with regulatory requirements and conduct audits.
• Manage operational change and vendor governance effectively.

Skills

Governance Framework Development

Risk Management

Compliance Assurance

Policy and Procedure Management

Operational Change Management

Education

Bachelor's degree in finance, accounting, business administration

Job description

About the job

The Governance & Compliance Principal Analyst is responsible for spearheading the establishment and maintenance of robust governance frameworks and processes. This role will develop and implement operational policies, procedures and internal controls to optimize efficiency and ensure compliance with regulatory standards. This role will collaborate with cross-functional teams across ADC to assess operational risks, monitor performance metrics, and drive continuous improvement initiatives. This role will conduct operational reviews to evaluate adherence to governance standards and identify areas for enhancement.

Responsibilities:

• Governance Framework Development: Develop and maintain enterprise risk and governance frameworks, policies, and procedures that align with industry best practices, KSA regulatory requirements, and organizational objectives.
• Policy and Procedure Management: Establish and manage operational policies, procedures, and controls to ensure consistency, compliance, and transparency across IT operations.
• Risk Management: Identify, assess, prioritize, and mitigate operational risks associated with IT processes, systems, projects, and vendors. Implement risk management strategies and controls to minimize exposure to potential risks.
• Compliance Assurance: Monitor compliance with KSA regulatory requirements, industry standards, and internal policies related to IT operations, data security, privacy, and financial reporting. Conduct audits and assessments to verify adherence to governance standards and identify areas for improvement.
• Operational Change Management: Manage changes to operational processes, systems, and policies by assessing impacts, communicating changes, and ensuring stakeholder buy-in and adoption. Implement change management processes to minimize disruption and maintain operational continuity.
• Vendor Governance: Evaluate and manage relationships with strategic vendors, suppliers, and service providers to ensure alignment with governance standards, contractual obligations, and performance expectations. Conduct due diligence assessments and performance reviews to mitigate vendor-related risks.
• Incident Response and Management: Develop and implement incident response plans and procedures to address operational incidents, breaches, or disruptions effectively. Coordinate response efforts, analyze root causes, and implement corrective actions to prevent recurrence.
• Training and Awareness Programs: Develop and deliver training programs and awareness initiatives to educate staff members and stakeholders on operational governance principles, policies, and procedures. Foster a culture of governance, accountability, and continuous improvement across the organization.

Minimum qualifications:

1. bachelor's degree in finance, accounting, business administration or a related field is often required.
2. At least 5 years or more of relevant work experience in areas such as governance, risk management, compliance, audit, or IT operations with 2 to 3 years of prior experience in developing and implementing governance frameworks, policies, and controls, as well as ensuring compliance with KSA regulatory bodies