DHLE_Management.Manager - Governance, Risk and Compliance

Job Purpose:

Lead Governance, Risk & Compliance through the development of governance, risk & compliance strategies, policies, processes, procedures, delegation of authority’s matrices and guidelines to mitigate the risks and implement necessary procedures to ensure compliance with company's policies, laws and regulations.

Key Accountabilities:

•    Strategy & Framework: 
o    Develop and implement a comprehensive Governance, Risk & Compliance strategy and framework, covering enterprise-wide risk management, regulatory compliance, and internal controls aligned with business objectives
o    Integrate GRC practices with project management where applicable to ensure risk-aware decision making.
o    Embed and promote effective governance, risk management, and compliance practices across the vertical to foster a strong risk culture
•    Governance: 
o    Adopt and implement corporate governance best practices. 
o    Lead and coordinate the development, review, and approval of corporate governance, risk, and compliance policies in collaboration with relevant stakeholders, in line with DH. 
o    Contribute to the set up and review of internal governance structures for various functions. 
o    Support Internal Audit /Government Audit teams to facilitate closure of high-risk audit recommendations and identify process gaps and opportunities for improvement.  
o    Prepare regular reports pertaining to governance dashboards, compliance status, risk management as per DH requirements.
•    Enterprise Risk Management: 
o    Lead implementation of the Risk Management Framework, promoting a risk culture and ensuring risks are managed appropriately by Risk Owners.
o    Conduct risk assessment and oversee mitigation plans.
o    Appoint, train and support risk champions across functions.
o    Monitor compliance and report on significant risks to GRC Director.
o    Develop and review annual risk appetite. 
o    Maintain and report the vertical risk register, and report to GRC Director, CEO and DH Head of ERM on major risks.
•    Compliance: 
o    Identify, assess and monitor compliance Risks.
o    Assist, support and advise Executive Management and employees on Compliance obligations.
o    Support functions in policy and procedures development. 
o    Coordinate with legal regulatory updates and alerts (as applicable).
o    Assess the adequacy and effectiveness of the internal policies and procedures, systems and controls to manage Compliance Risk.
o    Provide advisory services to the functions on an on-going basis, including responding to queries and issues as they arise.
•    Policies, Processes and Procedures: 
o    GRC promotes a standardized approach to policies and procedures to avoid conflicts and gaps & ensures that policies reflect best practices and industry standards reviewing and approval to ensure they adequately address risks and compliance obligations before seeking final approvals
•    DOA:
o    Develop and maintain vertical DOA and ensure alignment with DH DOA. 
o    Provide guidance and training teams on accurate interpretation and application of the DOA. 
o    Coordinate DOA changes and updates, stakeholder reviews and approvals.
•    Transactional Compliance Review: 
o    Review transaction submitted to vertical CEO for compliance with internal policies and DOAs.
•    Internal Control Framework: 
o    Assess and test internal controls to manage business and financial risks (including fraud risks). 
o    Ensure control design and control effectiveness are adequately tested.
o    Report findings and ensure corrective actions are implemented. 
•    Executive Management Committee focal point of contact:
o    Act as a focal point of contact for EMC document submission.
o    Ensuring compliance with all internal DOAs, policies and procedures 
o    Disseminate EMC instructions and provide updates to EMC secretary.
•    Business Continuity & Crisis Management: 
o    Establish and maintain BCM protocols as per DH guidelines.
•    Planning and Reporting: 
o    Assist in development of operational plans. 
o    Monitor compliance and suggest improvements based on best practices. 
o    Prepare accurate and timely reports to Management as per DH requirements.
o    Prepare reports to support informed decision-making by senior management. 

Key Performance Indicators:

•    Corporate Governance Framework approved and implemented 
•    Compliance and Enterprise Risk Management framework is approved and in place.
•    Compliance and risk management programs developed, approved and implemented.
•    Risk assessment and mitigation policies and processes are in place and implemented.
•    Regular transactional compliance reviews and compliance assessments.
•    Periodic Risk assessments and risk register executed based on planned timeline. 
•    Annual workshop conducted for awareness of compliance and risk.
•    Compliance and risk management practices are in place and implemented in accordance with the DH framework.
•    Compliance reports issued with corrective action plans.
•    Reduction in Audit logs and implementation status of audit logs. Closure of high-risk audit recommendations.

Key Interactions:

Internal
•    CEOs, CFOs
•    All Department Heads

External
•    DH Team, DH Internal Audit 
•    DH Governance & Compliance, DH Enterprise Risk Management, 
•    Appointed Consultants

Qualifications, Experiences, Skills:

Minimum Qualifications and Knowledge: 
•    Graduate/post-graduate in any discipline preferably in Finance/Accounting  
•    CIA or any equivalent certification is a must.
•    Knowledge of Governance, Risk & Compliance techniques and methods.

Minimum Experience (number of years): 
•    Minimum 7–10 years of experience in Governance, Compliance, and Risk Management, with at least 5 years of experience within a consultancy firm, with exposure to GRC        development.

Job Specific Skills:
•    Governance Framework Development
•    Risk Assessment and Management
•    Compliance management
•    Stakeholder engagement
•    Business Continuity and Crisis Management
•    Communication skills in English.
•    Problem solving & decision-making skills.
•    Attention to detail & quality 
•    Project Management skills
•    Strong knowledge in the domain of real estate services – both development and asset management 
•    Establish the network of collaborative relationships at the highest level
•    Development of risk register for specific project/functions
•    Understanding of Dubai, International, institutional and political framework.

Core Competencies:
•      Execution & Delivery
Result oriented, ensures operational excellence in areas of responsibility and delivers best results. Takes active ownership of problems and provide timely and result focused solutions. Remains outcome-driven.
•    Accountability
Take ownership of responsibility and be responsible for the consequences of work output.
•    Team Work & Collaboration
Fosters a culture of trust, collaboration and support. Works collaboratively both within one’s own function and across functions to achieve Vertical’s goals.
•    Effective Communication
Communicates clearly and effectively (both verbal and written). Communicates timely and responsively. Seeks feedback and provides feedback. Encourages open discussion and dialogue.
•    Innovation
Drives self and encourage others to actively look beyond boundaries for new insights and opportunities for success.
•    Customer Service Orientation 
Develop and maintain strong external and internal customer relationships by identifying and anticipating customer needs and responding to them by maintaining long term relationship.