Senior Governance, Risk, and Compliance (GRC)Specialist Al Futtaim Private Company (LLC)

Governance

• Develop, implement, and maintain the corporate governance framework and policies across the organization.
• Ensure compliance with legal and regulatory requirements set by authorities, including CBUAE, SCA and other regulatory bodies.
• Collaborate with stakeholders to align the governance structure with the company’s strategic objectives.
• Evaluate and report on the effectiveness of governance systems to senior management and the Board of Directors.
• Maintain a strong understanding of local and international governance practices to ensure the company’s policies remain forward-thinking and effective.
• Oversee and ensure alignment of governance policies across branches and subsidiaries outside of the UAE, adhering to the respective local regulations and standards.

Risk Management

• Identify, assess, and manage risks affecting all aspects of the business, including operational, financial, regulatory, and reputational risks.
• Develop and maintain the enterprise risk management (ERM) framework, ensuring it aligns with industry best practices and regulatory requirements.
• Monitor emerging risks in the UAE insurance and healthcare markets, providing actionable recommendations to mitigate potential impacts.
• Facilitate risk assessments and reporting processes to ensure transparency and accountability across all levels of the organization.
• Coordinate risk management efforts across international branches and subsidiaries, ensuring a consistent approach to risk identification, mitigation, and reporting.

Compliance

• Ensure the company complies with UAE insurance laws, healthcare regulations, anti-money laundering (AML) requirements, and standards set by CBUAE, SCA, DoH, and DHA.
• Establish and oversee compliance monitoring and corrective action plans.
• Provide training and awareness programs to employees on compliance-related topics, regulatory changes, and industry updates.
• Act as the primary point of contact for regulatory audits, inspections, and inquiries from the regulators.
• Develop strong relationships with regulators and industry bodies to stay informed on evolving compliance expectations and foster collaboration.
• Oversee compliance frameworks for branches and subsidiaries outside of the UAE, ensuring adherence to their respective local laws and regulations.