Develop, initiate, maintain and revise policies and procedures for the general operation of the Compliance System and its related activities to prevent illegal, unethical, or improper conduct, and manages the daily operation of the System.
Develop and periodically review and update the Standards of Conduct to ensure continuing relevance in providing guidance to the management and employees.
Collaborate with other departments to direct compliance issues to appropriate existing channels for investigation and resolution, and consult with Compliance Management Team as needed to resolve difficult legal compliance issues.
Respond to alleged violations of rules, regulation, policies, procedures, and Codes of Conduct by evaluating or recommending the initiation of investigative procedures.
Develop and monitor a system for uniform handling of violations.
Act as an independent review and evaluation body to ensure that compliance issues/concerns within the organization are being appropriately evaluated, investigated, and resolved.
Monitor new legislation and assesses changes required in policy to assure compliance.
Identify potential areas of compliance vulnerability and risk, develops/implements corrective action plans for resolution of problematic issues, and provides general guidance on how to avoid or deal with similar situations in the future.
Develop and maintain records for regulatory compliance.
Develop an effective compliance training program, including appropriate introductory training for new employees as well as ongoing training for all employees and managers.
Prepare status reports on projects and programs for Compliance Committee meetings and Audit Committee presentations.
Participate in process improvement projects as necessary.
Provide reports on a regular basis on the Compliance Programs initiated.
Minimum Requirements
Bachelor Degree in Business, Accounting or Finance or other relevant qualification.
At least 6 years of experience, including at least 3 years in oil and gas industry
Disclaimer: Drjobs.ae is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.