Governance and Compliance Leader

  • Jeddah Saudi Arabia
  • Full-time

Company Description

You see things a little differently. So do we. We believe that what you value is more important than what your CV says. Come see things a little differently with us and help us create a better everyday life for the many people. 

Do you value simplicity, cost-consciousness, a humble attitude and willpower? Then an IKEA career may be right for you.

Job Description

Your accountabilities

Governance

  • Support the process of implementing the Group Corporate Governance framework within the group to ensure the compliance with all Group obligations.
  • Work closely with the Group CCO to implement the Group Corporate Governance framework and monitor Group compliance with this framework.
  • Draft Minutes of Board and Committees’ meetings and shareholders meetings and share with CCO for review and finalization.
  • Maintain Board papers and records (meeting minutes, presentations, resolutions and agendas) as per the law and ensure their availability when required by authorized personnel.
  • Maintain a log of Board resolutions action items directed to management, follow up on the implementation of these and report the status to the Board in each meeting.
  • Prepare and Circulate Board minutes of meetings, agendas and Board Packs in coordination of Group CCO.
  • Manage all the administrative and logistical requirements of the Board of Directors and shareholders meetings.

Compliance

  • Support the process of implementing the Compliance framework within the group to ensure the compliance with all Group obligations
  • Develop a compliance monitoring program to ensure the compliance of all group functions with regulatory and other obligations.
  • Work closely with IKEA KSA and Bahrain functions to ensure their compliance with IWAY, I Conduct and relevant regulatory requirements.
  • Conduct compliance internal review assessment periodically to ensure the compliance.
  • Review relevant documents and processes and conduct required analysis and tests.
  • Report on time the non-compliance cases to the CCO, along with root causes, recommendations and supporting documents.
  • Coordinate and support any external compliance review.
  • Coordinate the communication with regulatory bodies and ensure timely communication and escalation as per regulatory requirements.
  • Develop the reports required by Inter IKEA and regulatory bodies.
  • Execute and implement the whistleblower program in IKEA KSA and Bahrain, and coordinate with CCO in order to ensure that the program is in place and monitored properly.
  • Support the CCO in providing guidance, advice, and/or training and educational programs, to enhance the awareness and business' understanding of related regulatory requirements within the company.
  • Support the CCO in implementing the Compliance and corporate governance framework as needed.
  • Manage the Group Whistle Blowing policy and coordinate with the CCO to ensure that all complaints are reported, investigated and resolved as per the policy.
  • Accomplish any tasks or actions assigned by the CCO related to compliance and Corporate Governance.

Qualifications

Education

  • Bachelor or master’s Degree in Business/ Accounting or Finance.

Experience

  • 3- 5 years’ experience in Governance, Compliance, Risk Management or Internal Audit.
  • Experience in developing and implementing Corporate Governance framework.
  • Experience in Developing and implementing compliance framework.
  • Knowledge of Regulatory requirements in KSA is preferred.
  • Experience in Developing and implementing policies and processes.
  • Experience in dealing with and managing the Board and shareholders affairs is a plus.
  • Solid knowledge and experience in Project Management is a must.
  • Solid verbal and writing communication skills is a must.
  • Solid writing and presentation skills is a must.
  • Microsoft Office (Excel, Power point and Visio) Skills

Specific Designations, Certifications, Licenses

  • Certificates in compliance/ Risk Management/ Internal Audit.
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