Dubai Jobs
The Head of Compliance and Risk is responsible for overseeing all legal, compliance and risk matters that relate to the Foundation. The Head of Compliance and Risk is responsible for the management of Compliance Team Members and reports directly to the Director of Operations.
Key Responsibilities & Duties
Pre and Post Contract Management
· Provide advice to internal team members with their ideation process when designing education related programs and activities from a legal and compliance perspective
· With Compliance Team members, conduct due diligence processes about the prospective partners
· Oversee Compliance Team Members as they draft agreements from pre-created templates
· As required, engage external legal counsel to manage specific legal requirements
· Work through contracting process with external parties
· Provide final approval on all contractual documents and oversee the signing processes
· Oversee the correct storage and recording of contractual documents
· Following contracting, ensure the commitments of the external parties are being met through review of progress and financial reports
· Oversee the disbursement of funds in line with the contractual agreements
· In case of programmatic or financial discrepancies, mitigate the risks associated and as required, manage the termination of agreements
Compliance Management
· Monitor all legislative requirements that pertain to the Foundation. These include, for example, data protection requirements.
· Ensure adherence to the existing internal policies regarding legislative requirements, and considering any new requirements, create appropriate policies and provide training to staff members
· Provide strategic advice to the management and senior leadership regarding requirements to ensure the protection of the Foundation from adverse consequences
· Maintain records of any entity decisions (including Board decisions)
· Manage entity registration documentation and any necessary interactions with the authorities
· Support the Director of Operations with the annual external audit
Risk Management
· On an ongoing basis, identify legal, compliance, financial and operational risks to the Foundation
· Using the existing ERM system, record risks in a risk register
· Highlight risks to senior leadership and recommend solutions
· Provide a quarterly risk report to Senior Leadership
· Provide an annual risk report to the Board of Directors
Key Competencies
· Attention to detail
· Analytical and strategic thinking
· Ability to manage a range of stakeholders and guide them towards compliant solutions
Qualifications & Experience
· Master’s level education in law required. Expertise in contract law, compliance management and/or audit work preferred
· 10+ years’ experience working in compliance-oriented roles for law firms, professional services firms or the non-profit sector required. 5 years’ experience managing a team required
· Familiarity with grant management systems and solutions preferred