Compliance Officer Ayedh Hasain A Abndajem

Job Purpose: Compliance professional is responsible for evaluating and ensuring that a company’s business processes, practices, and operations comply with internal policies, regulatory requirements, and industry standards & DOA transactions.

Key Roles & Responsibilities

Strategy Formulation

• Formulate ADG’s strategy in collaboration with the ADG Board and ensure the translation of the overall strategic direction from the board into the business plan.
• Oversee the implementation of strategies that generate resources and returns to meet commitments to all stakeholders.

Policies & Processes

• Review current policies and procedures to ensure they are up-to-date, compliant with regulations, and aligned with best practices.
• Implement the function’s policies and follow the set processes to achieve the function’s objectives.

Operational Activities

• Ensure 100% TRRs validate alignment with the latest investment policies and Delegation of Authority (DOA).
• Validate the completeness of the submitted document sets for 100% investment reviews and incorporate applicable policy references into all TRRs for investment actions.
• Conduct follow-up of the risks identified on a quarterly basis across all departments.
• Conduct compliance audits and log observations in the system on a transactional basis.
• Oversee payroll processes and ensure status of bounced cheques is updated to the CEO and VP–GRC.
• Flag transactions that violate policy within 2 working days to the relevant department as per agreed Turnaround Time (TAT).
• Support 100% of operational mystery audits by providing required compliance documentation.
• Raise and document open observations for each transaction during transactional reviews.
• Submit compliance dashboards as scheduled.
• Conduct audits for new applications as directed, and coordinate with IT for the automation of TRRs.
• Review newly developed workflows for linkages with the Chart of Accounts (COA) and identify in TRRs any processes not properly linked.
• Verify 100% of document submissions for compliance before approvals are granted.
• Complete compliance checks for projects within 2 working days in line with agreed TAT.
• Identify and recommend strategic improvements in payroll and attendance record management processes.
• Track and log 100% attendance for all required compliance and policy-related training sessions.

Risk Assessment and Management

• Identify potential risks related to business processes, financial controls, or compliance failures.
• Develop risk mitigation to design corrective actions and strategies to minimize risks.

Monitor Financial Transactions

• Develop and implement compliance programs to address new regulatory requirements or gaps identified in audits.
• Continuously monitor the business financial transactions based on current process and DOA from various departments of business. Prepare Transaction Review report and reports.

Compliance Reports

• Document compliance findings and provide clear and concise reports for management and regulatory bodies.
• Maintain accurate records of compliance reviews, and corrective actions and assist in filings and documentation.

Education Qualifications

• Bachelor’s degree in accounting, Finance, Business Administration, or ACCA, CA Final.
• Professional certifications in governance, risk management, or compliance an advantage.
• Strong Experience in Microsoft Office suite (Outlook, Excel, Word, PowerPoint, etc.)
• Should have relevant experience accounting software like ERP, Yardi, and others.

Work Experience

• Minimum of 4 years of relevant experience, preferably in Real Estate, Construction, Property Managment or similar industries.

Language Skills

• Proficiency in English and Arabic (spoken and written).

*We welcome applications from candidates of diverse backgrounds. Please note that, due to specific organizational requirements, preference may be given to other than candidates from regions India and Pakistan."

*Attractive Salary Budget Maximum up to AED 10,000 and other benefits*