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A leading food service organization in the Makkah Region, Saudi Arabia, seeks a GRC Officer to ensure corporate governance and compliance with regulations. This role involves managing relationships with regulators, developing compliance programs, and overseeing risk management. Candidates should have a degree in a related field and solid knowledge of corporate governance. Excellent communication and collaborative skills are essential for this critical position.
The GRC Officer holds the pivotal role of ensuring the organization operates with integrity, transparency, and full compliance, requiring the adoption of the highest level of corporate governance while acting as the corporate secretary supporting the Board of Directors (BOD) and its Sub-Committees by managing agendas, distributing meeting packs, producing detailed minutes, and executing all necessary post-meeting actions. This role also demands maintaining professional relationships with the Capital Market Authority (CMA) and other regulators to ensure their satisfaction, preparing and executing a yearly compliance plan to address regulatory changes, updating company policies in coordination with department heads, and providing timely advice on regulatory rules to all stakeholders, furthermore, the GRC Officer oversees investor relations, manages announcements on Tadawul and the CMA, develops a Risk Register using the Risk & Control Self-Assessment (RCSA) to evaluate and mitigate all kinds of risks, and prepares for all company AGMs and EGMs, with a solid understanding of legal affairs being essential to effectively achieve these governance, compliance, and risk management objectives, ultimately building stakeholder trust and protecting the company’s reputation.
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.