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aramco · 1 day ago

Regional Head Compliance (1827)

Greater Houston

Full-time

Onsite

Director/Executive

15+ years exp

Aramco is seeking a Regional Head Compliance to lead the Compliance team at ATC, ensuring adherence to Trade Compliance and Non-trade compliance standards. The role involves overseeing compliance frameworks, mitigating operational risks, and fostering a culture of compliance excellence within the organization.

ChemicalEnergyOil and Gas

Responsibilities

Lead and manage the Compliance function and team, overseeing Trade Compliance and Non-trade compliance, including Ethics and Regulatory Compliance Framework (ERCF), and Operational Excellence Management Systems (OEMS)

Identify and assess areas of compliance risk, providing guidance on the development and implementation of mitigation processes and controls

Monitor and report on operational risks, ensuring adherence to national and international laws and regulations

Coordinate with ATC management to embed internal control practices into policies and procedures across all functions

Direct and oversee the compliance program, communicating its importance to executive management and the board of directors

Prepare and distribute written documentation of principles and policies underlying the compliance program

Develop and implement education programs addressing compliance and ethics, fostering a culture of compliance within the organization

Implement a retaliation-free internal reporting process to encourage reporting of compliance concerns

Establish and monitor key performance indicators (KPIs) to track the effectiveness of compliance initiatives and drive continuous improvement in compliance processes and outcomes

Collaborate with executive management to effectively incorporate the compliance program within system operations and programs

Ensure compliance with Company Operation Excellence and Compliance Manuals, as well as other applicable regulatory frameworks

Conduct regular audits and assessments to evaluate the effectiveness of compliance controls and procedures

Stay abreast of changes in regulatory requirements and industry best practices, advising management on implications for the organization

Provide guidance and support to business/support departments and third parties in implementing the compliance program and resolving issues

Maintain and update the manual on Compliance processes and procedures, ensuring accuracy and relevancy

Ensure compliance with trade regulations by implementing robust trade compliance procedures and controls

Conduct regular reviews of trade transactions and documentation to identify and address compliance issues

Maintain and execute the compliance programs related to Trade Compliance, including monitoring, guidance on mitigation processes and controls, and reporting of operational risks

Conduct Know Your Customer (KYC) due diligence on counterparties and vendors to mitigate compliance risks related to money laundering and financial crimes

Implement and oversee KYC policies and procedures, including customer screening and ongoing monitoring processes

Qualification

Trade ComplianceGovernanceRiskControlCompliance Management CertificationCOSO FrameworkETRM Systems ImplementationKYC Due DiligenceEnergy Commodities ExperienceCommodity Trading KnowledgeLeadership SkillsCommunication Skills

Required

Minimum 15 years of relevant experience in enterprise governance, risk, and compliance, trading compliance, or audit, with at least 5 years in a supervisory position

Bachelor's Degree in a related field

Strong skills and knowledge of governance, risk, and control

Strong skills in the Committee of Sponsoring Organization (COSO) Framework

Leadership and development skills

Excellent verbal and written communication skills

Preferred

Master's/Professional Qualification/MBA

Certification in Compliance Management, preferably CCEP by SCCE

Experience with energy commodities

Sound understanding of commodity trading business

Knowledge of crude, oil products, LPG, and chemicals industry

Strong knowledge and experience in the implementation of new ETRM systems

Company

aramco

We’re a leading producer of the energy and chemicals that drive global commerce and enhance the daily lives of people around the globe by continuing delivering an uninterrupted supply of energy to the world.

Founded in 1933

Dhahran, Ash Sharqiyah, SAU

10001+ employees