Governance, Risk, and Compliance Officer

Duties And Responsibilities

• Develop corporate governance policies and procedures and ensure their effective implementation.
• Monitor compliance with sound governance principles and transparency standards.
• Review and develop organizational structures to ensure alignment with best practices.
• Prepare periodic reports for senior management on the implementation of governance principles, including any challenges or required improvements.
• Organize meetings of relevant committees, such as the Audit Committee and Governance Committee, and prepare the required reports.
• Identify and assess potential risks that may impact the organization s performance.
• Develop risk mitigation plans and procedures and monitor their implementation.
• Prepare periodic risk status reports and submit them to senior management or the Risk Committee.
• Monitor internal and external changes that may affect the organization s risk level.
• Promote a risk management culture by training employees to manage risks effectively.
• Ensure the organization s compliance with relevant local and international laws and regulations.
• Develop and implement internal audit plans to review compliance with regulations and policies.
• Monitor updates to laws and regulations and inform the relevant departments of required changes.
• Prepare periodic compliance status reports, including any potential breaches and corrective action plans.
• Organize training sessions and awareness workshops for employees on laws and internal policies.
• Act as a liaison between different departments to ensure coordination in implementing governance, risk management, and compliance policies.
• Provide advice to senior management on matters related to governance, risk, and compliance.
• Support internal and external audits by providing the required data and reports.
• Update governance, risk, and compliance policies periodically to ensure alignment with best practices.
• Develop monitoring systems to ensure compliance and transparency across all operations.
• Perform any other tasks assigned by senior management or committees within the scope of the role s responsibilities.