Compliance Officer

Description

The Company

WTW (NASDAQ : WTW) is in the business of people risk and capital. With roots dating to 1828 our company has over 45000 colleagues serving more than 140 countries and markets. Our values client focus teamwork integrity respect and excellence underlie all that we do including how we behave and interact with each other. They are part of our WTW DNA.

We are located on the internet at .

The Role

The Compliance & Risk Officer (and AntiMoney Laundering Officer) will be responsible for supporting the business in the management of compliance in Saudi Arabia including handling all regulatory requirements of the Suadi Arabia central Bank (SAMA) monitoring regulatory compliance and interbal compliance with company policy training employees and advising operationes with day to day compliance matters. This role reports to the Regional Compliance Officer WTW Middle East and the Local Executive Management

Responsibilities

• Guidance and advice on compliance with applicable laws and internak policies
• Understand the local regulatory environment. Identify all applicable regulations and ensure procedures are in place to meet those. Develop and maintain an analysis of all applicable laws and regulations including licensing requirements and permissible and prohibited activities and indicating how WTW ensures compliance with each requirement. Where appropriate develop a local compliance manual.
• Act as the company AntiMoney Laundering Officer in addition to the company Compliance Officer and fulfil respective duties to the Saudi Central Bank.
• Monitor regulatory developments and report any new or proposed regulation or legislation that may impact WTW to management and the Middle East Regional Compliance Officer.
• Identify and assess the compliance and other business risks applicable to the business and fulfil the risk management responsibilities tasks required by SAMA regulation.
• Assist the Management in ensuring that all Associates understand all applicable Group Compliance polices (including Financial Crime Anti Bribery & Corruption Conflict Management and Complaint Handling policies and the Sanctions Protocol) and that local operating procedures incorporate controls to ensure compliance with all Group Compliance policies.
• Maintain records of all Third Parties to the business track compliance with the requirements of the AntiBribery & Corruption policy undertake payment reviews.
• Provide guidance and advice and where applicable approve any changes to operating procedures and provide input into the development of new procedures resulting from new product developments and initiatives.
• Provide guidance and advice to management in developing awareness of the need to adhere to the highest business conduct and ethical standards in relation to business activities.
• Discuss promptly with Saudi management and the Regional Compliance Officer any problems or concerns of a regulatory or compliance nature and agree the corrective action to be taken including responsibility timelines and review date.
• Document compliance priorities and work in an annual compliance plan agreed with the Middle East regional compliance officer and the Saudi Arabia business.

Training

Monitoring

Reporting

Qualifications

Equal Opportunity Employer

Employment Type

Full-Time

Experience

years

Vacancy

Key Skills

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