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Governance Risk and Compliance Manager

NANCO Group
Riyadh, KSA
Full Time
Manager
3 weeks ago
GovernanceRisk ManagementComplianceCOSO FrameworkInternal ControlsPolicy Development
Free

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Job Purpose

  • The Governance, Risk and Compliance Manager is responsible for leading and developing the organization’s governance, risk management, and compliance framework in alignment with regulatory requirements, internal policies, and business objectives. The role aims to strengthen institutional governance,

Key Responsibilities

  • Develop the annual plan for the Governance, Risk and Compliance Department and oversee its implementation.
  • Coordinate with other departments to ensure alignment with departmental objectives and organizational priorities.
  • Establish and maintain Service Level Agreements (SLAs) with relevant departments.
  • Build and implement an integrated Governance, Risk and Compliance (GRC) framework in line with applicable regulations, approved policies, and business requirements.
  • Review and update the GRC framework in response to regulatory, organizational, and operational changes.
  • Activate and promote governance, risk, and compliance practices across the organization, including conflict of interest disclosures, transparency initiatives, compliance adherence, and risk mitigation strategies.
  • Develop, review, and update the Delegation of Authority Matrix (DOA) to ensure proper governance, transparency, accountability, and compliance across all departments.
  • Monitor and oversee departmental adherence to the approved Delegation of Authority Matrix.
  • Provide guidance and advisory support to management regarding delegation and assignment of authority to safeguard the organization’s interests and support business objectives.
  • Periodically review policies, regulations, processes, and procedures, and oversee their implementation while monitoring compliance with approved requirements.
  • Contribute to the development of risk management plans and risk assessments.
  • Oversee contracts, committee formations, and task force governance processes.

Qualifications

  • Bachelor’s degree in Law, Business Administration, or an equivalent related field.
  • Diploma in Law, Business Administration, or an equivalent related field.

Professional Certification

  • CGRCS – Certified Governance, Risk Management, and Compliance Specialist is preferred.

Required Skills & Competencies

  • Strong knowledge of governance principles, risk management practices, and compliance frameworks.
  • Ability to analyze risks and classify control procedures in accordance with the COSO framework.
  • Good understanding of legal and regulatory requirements relevant to governance, compliance, and risk management.
  • Proficiency in Microsoft Office applications and general computer skills.
  • Strong presentation, communication, and interpersonal skills.
  • Familiarity with budgeting principles and resource planning.
  • Good command of the English language.

Behavioral Competencies

  • Change Leadership
  • Employee Empowerment and Capability Development
  • Strategic Thinking
  • Teamwork and Collaboration
  • Communication Skills
  • Results Orientation
  • Effective Resource Management
  • Accountability

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