About the Role
Jobholders at this level may be regarded as a source of expertise and are responsible for developing frameworks, policies, and operational plans. They also analyze complex issues, understand business needs, bring together multiple concepts, and translate them into tangible actions and support to enhance the performance of the function.
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Job Responsibilities
- Conduct research and benchmark studies to stay abreast of the latest trends and international best practices in tax and customs risk treatments, highlighting improvement areas to enhance risk treatments performance.
- Maintain communication channels with the Legal function to receive updates on Saudi’s regulatory compliance requirements, laws, and regulations, and assess implications on internal policies, procedures, and operations, updating compliance frameworks accordingly.
- Review and assess compliance flagged threats along with potential causes, consequences, and existing controls; perform risk scoring to identify likelihood/impact and update the risk register.
- Consolidate data related to previous non-compliance behaviors, develop root cause analysis and hypothesis testing scenarios, and ensure mitigation controls are in place to minimize recurrence.
- Review compliance issues to identify untapped risks; develop a risk model to assess implications and create treatment methodology.
- Evaluate business processes and conduct operational risk analysis to identify compliance risks related to processes.
Additional Job Details
- Assist in the development of compliance risk strategy to ensure proper implementation and effective follow-up.
- Analyze the company’s function’s operation plan to ensure the incorporation of compliance risk strategy and smooth implementation of risk treatment initiatives while providing basic technical support.
- Follow up on compliance risk strategy implementation, highlighting misalignment cases to establish key controls and install mitigation action plans.
- Follow up on non-compliance risk’s mitigation plans and preventive actions to ensure proper implementation of control mechanisms and risk treatment.
- Develop and update risk register, including risk categorization and risk prioritization for future reference or use.
Education
- Bachelor’s degree in Statistics, Computer Science, Information Technology, or equivalent is required.
- Master’s degree in Statistics, Business Administration, or equivalent is preferred.
Experience
- A minimum of 6 years of relevant experience.
Competencies
- Collaboration and Communication - Proficient
- Corporate Governance and Compliance - Advanced
- Customer Focus - Proficient
- Enablement of Change and Innovation - Proficient
- Fact Based Recommendations - Advanced
- Professionalism - Proficient
- Results Oriented - Proficient
- Taxpayer Compliance Tactical Intelligence - Advanced
- Taxpayer Risk Identification and Categorization - Advanced
- Taxpayer Risk Management - Advanced
