Sr. Associate Compliance Manager

Job Purpose

The Senior Associate Compliance Manager is primarily responsible for the
delivery of one or more concurrent investigation assignments throughout the
Group’s various Business Units both in Kuwait and overseas. This involves,
among others, the planning and execution of assignments from start to finish,
including preparing draft reports in accordance with departmental procedures.
The incumbent is expected to contribute to the successful implementation of
the Compliance Department’s Program Plan. The incumbent should represent the
department in a professional manner at all times, abide by professional
standards as laid forth by the ACFE and IIA, and seek every opportunity to
follow the principles articulated in the department’s vision and objectives.

Key Accountabilities

Under the guidance of the Compliance Manager / Senior Compliance Manager, the
Senior Compliance Auditor / Senior Associate Compliance Manager is expected to
deliver investigation assignments in accordance with departmental procedures.
Specifically, under adequate supervision, defining the scope of
investigations, developing test plans, interviewing suspects, and summarizing
findings including recommendations of remedial actions to BUs’ Management.
Prepares works papers for all assignments to support the findings in
investigation reports in accordance with departmental procedures.
Liaises with BUs management and human resources to obtain information relevant
to assigned investigations and provide updates to his / her supervisors
regarding the status of the cases.
Prepares draft investigation reports and submits them for supervisor’s or
Manager’s review, ensuring that findings are factual based in the context of
the investigation and making value added recommendations to relevant
operations management.
Executing assigned fraud hotline and fraud risk awareness and assessment
activities.
Making value added recommendations to strengthen the control environment to
promote the prevention, detection, and deterrence of fraud.
Assists in the detection and prevention of fraud, sharing avoidance strategies
and helping to create a centre of fraud prevention excellence.
Raising fraud awareness and encouraging others to report incidents of fraud or
concerns in accordance with the Group’s Policy for the prevention and
reporting of fraud.
Maintaining the highest standards of integrity and confidentiality.

Skills & qualifications:
Qualified Accountant – CPA, CA, and ACCA preferred, but not required.
Undergraduate in Psychology, sociology or Criminology will be an added
advantage, but not required

Knowledge of Arabic is highly preferable and those candidates who are
bilingual in English and Arabic may receive a waiver for the education and
experience requirements

‎1 to ‎3 years of audit, compliance, investigation, or related and/or relevant
business experience that will be valuable to the Group Compliance Department’s
overall achievement of its objectives

International exposure

Some knowledge of International Financial Reporting Standards, IIA Audit
Standards, ACFE Standards

Good understanding of Corporate Governance requirements

Some knowledge of Fraud risk assessment methodologies and mitigation
techniques

Internal control documentation & evaluation

Investigative techniques and practices