Compliance Associate or Senior Associate / Saudi Compliance Officer

Our client is a global private markets investment firm focused on providing customized investment solutions, advisory, and data services. Currently seeking a strong Compliance Associate.

Position Overview

This position will be part of a global compliance team and assist in various aspects of the firm’s Compliance program. The primary responsibility will relate to Saudi Arabia, managing the Saudi compliance calendar, ensuring necessary filings are completed appropriately, and meeting other relevant obligations. Additionally, the role includes compliance responsibilities for other jurisdictions globally, reviewing and approving RFP and DDQ requests from clients and prospects for regulatory compliance, reviewing departmental policies and procedures, conducting testing and monitoring of the firm’s Compliance infrastructure, actively participating in change management, providing guidance on regulatory compliance, and undertaking other responsibilities as they arise.

Essential Job Functions

• Understand and stay informed on the Saudi compliance regime for financial firms in the Kingdom of Saudi Arabia.
• Manage the calendar for the firm's Saudi subsidiary and ensure timely filings and reports.
• Participate in the broader global compliance program :
• Review and approve RFP and DDQ requests for regulatory compliance.
• Review and recommend policies and procedures to ensure compliance with applicable laws and regulations, including Saudi-specific addenda.
• Assist the Compliance team with global forms and filings.
• Track and manage compliance data.
• Perform elements of the testing program.
• Draft compliance reports and communicate findings to senior Compliance team members.
• Review alleged compliance violations and escalate as needed.
• Identify regulatory impacts and coordinate with business units for necessary operational or policy changes.
• Support product development and process change management to ensure regulatory compliance.
• Research applicable laws and regulations independently.
• Respond to internal inquiries regarding compliance issues with risk-based guidance.
• Assist in reviewing and analyzing regulatory proposals.
• Draft memoranda on compliance issues.
• Provide AML and KYC support.
• Conduct sanctions checks, including OFAC and others.
• Coordinate with Investor Relations on compliance for new products, reporting, and performance metrics.

Education and / or Work Experience Requirements

Required Knowledge, Skills, and Abilities

Other Attributes

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