Risk and Compliance Manager
|No. Of Vacancies:
About Al-Futtaim Private Company LLC
No two days are the same at Al-Futtaim, no matter what role you have. Our work is driven by the desire to make a difference and to have a meaningful impact with the goal of enriching everyday lives. Take our engaging and supportive work environment and couple it with a company culture that recognises and rewards quality performance, and what do you get? The chance to push the limits every single day.
As a humble family business that started on the banks of the Dubai Creek in the 1930s, Al-Futtaim has expanded to a presence in 31 countries, a portfolio of over 200 companies, and 42,000 employees. You’ll find us in industries ranging from automotive and retail, to finance and real estate, and connecting people with international names like Lexus, Ikea, and Adidas. Our team is proudly multicultural and multinational because that kind of diverse representation gives us the global mindset to grow and impact the people, markets, and trends around us.
About Al-Futtaim IKEA
We are a values-driven company with a passion for life at home. Our vision is to create a better everyday life for the many people.
Al-Futtaim IKEA holds the franchise rights for IKEA in Egypt, Oman, Qatar and the United Arab Emirates.
You want to lead, inspire and build a strong team. You can effectively work with others by developing trust and respect in order to achieve agreed goals. You can implement change by looking for opportunities to make improvement in the way of work. You are able to prioritize and plan tasks to reach the targeted results. You are inspired by working together in fast paced and complex environments. You are interested in people’s everyday life at home and in home furnishings.
What’s more, we believe that you have the following knowledge, capabilities and motivation:
Live and share the IKEA values every day
Degree in Audit or Compliance
Relevant Professional certification (COA, CIA, CPA, CFE, etc,)
5+ years of experience working with risk and compliance, both on a strategic and an operational level
Including first-hand experience driving change with risk and compliance for a global brand, is preferred
Practical understanding of concepts and approaches for change management
First-hand knowledge of challenges and opportunities when working with risk and compliance and how to navigate and leverage them.
In-depth understanding of concepts, theories, principles and practices of risk management, compliance, and internal control and internal audit
Excellent Communication skills
Ability to work with all level of stakeholders
Proficent in MS Office Application (Excel, Power Point, etc), Navision is added advantage
About the role
You are responsible to provide business performance management and follow up, including making business insights available to the IKEA franchise system. You support Al Futtaim IKEA with business navigation, financial, legal, risk, procurement and office operations related competences and solutions. You lead the planning and processes to anticipate, identify, and navigate opportunities and risks in a business oriented and compliant way.
Key Specific Accountabilities:
Develop, lead and deliver long-term planning for the Risk & Compliance function, activities, and people that meets the future organizational demands and ensures activities are integrated with Al Futtaim IKEA’s business
Lead the Risk & Compliance team and inspire and empower co-workers to perform to the best of their abilities and continuously develop in their assignments
Ensure that the responsibility for Risk & Compliance activities is owned, understood and accepted by the different business stakeholders
Lead an overall risk management process for Al Futtaim IKEA as part of the business planning process, in collaboration with internal stakeholders.
Report on risk in a relevant way for different audiences, e.g. management board and other senior business leaders to ensure they are aware of risks relevant to their parts of the business
Secure an effective compliance and audit practice within Al Futtaim IKEA and report on the level of compliance with Al Futtaim IKEA steering documents and regulatory requirements, focusing on key risks
Ensure that issue & crisis routines and trainings are in place in accordance with Al Futtaim IKEA steering documents
Actively contribute to the Risk & Compliance community within Al Futtaim IKEA
Supervise the Raising Concern Line operations, report on the statistics, and escalate issues when needed.
Contribute to One Business Support – work closely with colleagues in other assignments within Business Support to enable interdependent and seamless business support processes, tools and services