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Compliance Officer

2 months ago

Abu Dhabi, Abu Dhabi, United Arab Emirates ادنوك للبترول Full time
Job Summary

Adnoc Petroleum is seeking a highly skilled Compliance Officer to join our team. The successful candidate will be responsible for developing, implementing, and maintaining policies and procedures to ensure compliance with regulatory requirements.

Key Responsibilities
  • Policy Development and Implementation: Develop, initiate, maintain, and revise policies and procedures for the general operation of the Compliance System and its related activities to prevent illegal, unethical, or improper conduct.
  • Standards of Conduct: Develop and periodically review and update the Standards of Conduct to ensure continuing relevance in providing guidance to management and employees.
  • Compliance Issue Resolution: Collaborate with other departments to direct compliance issues to appropriate existing channels for investigation and resolution, and consult with the Compliance Management Team as needed to resolve difficult legal compliance issues.
  • Investigations and Reporting: Respond to alleged violations of rules, regulations, policies, procedures, and Codes of Conduct by evaluating or recommending the initiation of investigative procedures.
  • Compliance Monitoring: Develop and monitor a system for uniform handling of violations.
  • Independent Review and Evaluation: Act as an independent review and evaluation body to ensure that compliance issues/concerns within the organization are being appropriately evaluated, investigated, and resolved.
  • Regulatory Compliance: Monitor new legislation and assess changes required in policy to assure compliance.
  • Compliance Vulnerability Identification: Identify potential areas of compliance vulnerability and risk, develop/implement corrective action plans for resolution of problematic issues, and provide general guidance on how to avoid or deal with similar situations in the future.
  • Record Keeping: Develop and maintain records for regulatory compliance.
  • Compliance Training: Develop an effective compliance training program, including appropriate introductory training for new employees as well as ongoing training for all employees and managers.
  • Reporting and Presentations: Prepare status reports on projects and programs for Compliance Committee meetings and Audit Committee presentations.
  • Process Improvement: Participate in process improvement projects as necessary.
  • Compliance Program Reporting: Provide reports on a regular basis on the Compliance Programs initiated.
Requirements
  • Education: Bachelor's Degree in Business, Accounting, Finance, or other relevant qualification.
  • Experience: At least 6 years of experience, including at least 3 years in the oil and gas industry.