Compliance Officer

Job Summary & Main Goal

The Senior Compliance Officer will support the implementation and execution of Petromin’s compliance framework. This role involves conducting compliance reviews, ensuring adherence to regulatory requirements, and providing advisory support to business units. The Senior Compliance Officer will be actively involved in training, compliance risk management, and maintaining strong relationships with regulatory bodies.

Main Tasks & Responsibilities

The job description is not designed to cover or contain all activities, duties or responsibilities of the profession. However, duties, responsibilities and activities may change, or additional duties and responsibilities may be assigned at a later date, as needed

Policy Development & Execution:

• Support the creation and ongoing updates of compliance policies and SOPs.

Ensure that compliance policies are effectively communicated and implemented across all business units.

Compliance Audits, Reviews, & Monitoring:

• Conduct compliance audits, assessments, and on-site reviews to ensure alignment with internal policies and external regulations.

Issue compliance reports and work with business units to implement corrective actions.

Training & Awareness Programs:

• Develop training content and deliver sessions to enhance understanding of compliance requirements.

Conduct regular workshops and awareness programs for employees across different levels

Regulatory Engagement & Mandate Implementation:

• Monitor changes in the regulatory environment and update internal policies accordingly.

Prepare regulatory reports and ensure timely communication with relevant authorities

Risk Assessment & Mitigation:

• Conduct risk assessments for all business verticals, identifying key compliance risks and developing mitigation strategies.

Implement risk management controls and monitor their effectiveness regularly.

Third-Party Compliance & Due Diligence:

• Perform due diligence assessments on third parties and monitor compliance throughout partnerships.

Recommend risk mitigation actions and ensure adherence to Petromin’s compliance standards.

Bachelor’s degree in law, Business, Finance, or a related field; master’s degree preferred or a relevant certification (e.g., CCEP, CFE) is preferred.

Educational requirements and professional certificates (minimum):

• 2+ years of experience in compliance, audit, or risk management, or related roles.
• Strong leadership and people management skills.
• Proven ability to develop and implement compliance frameworks and strategies.
• Excellent communication, negotiation, and stakeholder management abilities.
• High level of integrity, attention to detail, and ability to work in a complex regulatory environment.

Experience & Skills

Arabic & English (professional fluency)

Languages