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Compliance Officer

2 months ago

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

**Job Title:** Compliance Officer - Petroleum Industry

**Job Summary:** We are seeking a highly skilled Compliance Officer to join our team at ادنوك للبترول. The successful candidate will be responsible for ensuring that our company's operations are in compliance with all relevant laws, regulations, and industry standards.

Key Responsibilities:

  • Develop and Implement Compliance Policies: 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.
  • Manage Compliance System: Manage the daily operation of the System, ensuring that all compliance-related activities are carried out in a timely and efficient manner.
  • Collaborate with Other Departments: Collaborate with other departments to direct compliance issues to appropriate existing channels for investigation and resolution.
  • Investigate Alleged Violations: Respond to alleged violations of rules, regulations, policies, procedures, and Codes of Conduct by evaluating or recommending the initiation of investigative procedures.
  • Develop and Monitor Compliance Systems: Develop and monitor a system for uniform handling of violations, ensuring that all compliance-related issues are addressed in a fair and consistent manner.
  • Provide Compliance Guidance: Act as an independent review and evaluation body to ensure that compliance issues/concerns within the organization are being appropriately evaluated, investigated, and resolved.
  • Monitor Legislation and Regulations: Monitor new legislation and assess changes required in policy to assure compliance.
  • Identify Compliance Vulnerabilities: Identify potential areas of compliance vulnerability and risk, develops/implements corrective action plans for resolution of problematic issues.
  • Develop and Maintain Records: Develop and maintain records for regulatory compliance, ensuring that all compliance-related documentation is accurate and up-to-date.
  • Develop Compliance Training Programs: Develop an effective compliance training program, including appropriate introductory training for new employees as well as ongoing training for all employees and managers.
  • Prepare Status Reports: Prepare status reports on projects and programs for Compliance Committee meetings and Audit Committee presentations.
  • Participate in Process Improvement Projects: Participate in process improvement projects as necessary.
  • Provide Compliance Reports: Provide reports on a regular basis on the Compliance Programs initiated.

Requirements:

  • Bachelor's Degree: Bachelor Degree in Business, Accounting, or Finance or other relevant qualification.
  • Experience: At least 6 years of experience, including at least 3 years in the oil and gas industry.