Compliance Officer

2 weeks ago


Cairo, Egypt Scatec Full time

Overview:
Want to join a frontrunner in renewable energy that is actively seeking early entry into new markets globally? Since the establishment in 2007, Scatec has acquired extensive knowledge and experience in developing, building and operating solar, wind and hydro power plants and storage solutions. Driven by our company values and competent global workforce, we aim to deliver competitive and sustainable renewable energy globally; protect our environment and improve quality of life through innovative integration of technology; and create shareholder value. We are present on four continents and are headquartered in Oslo, Norway.

**Main purpose of position**
Currently we are looking for a Compliance Officer in Cairo, Egypt to be part of our global team working together towards our vision - **Improving our future.**

As our Compliance Officer’s mandate is to support and oversee compliance with regulatory and legal frameworks, contractual obligations, and internal policies and procedures in respect of specific projects, activities and/or offices. The Compliance Officer is authorized and expected to identify and support the implementation of actions necessary to ensure effective compliance programs within the Scatec

**Main responsibilities**

Core responsibilities include the following, with special focus on compliance with anti-corruption and personal data protection, and in coordination with Scatec Group Compliance and other relevant functions within Scatec.
- Governing Framework / Policies and Procedures - initiate, maintain, and revise policies and procedures relevant to Scatec’s operations to prevent illegal, unethical, or improper conduct (hereafter called compliance program). The compliance program should be designed to be compliant with relevant requirements, including Egyptian and Norwegian requirements, amongst others
- Risk assessments - support and implement Scatec’s risk assessment policy and procedure to identify risks related to the failure to comply with laws, regulations, and industry standards. This includes (i) conducting periodic risk assessments to identify potential areas of compliance vulnerability and risk; (ii) collaborating and guiding other departments (e.g., supply chain management, engineering, project management, site management, accounting, internal auditing, business development, legal etc.) to identify potential risk and mitigating actions; (iii) developing and implementing corrective action plans to mitigate potential risks, (iv) providing guidance on the mitigation of risks and supporting the development of tools and templates that can be used in Egypt across the Scatec Group to identify and mitigate potential compliance risks.
- Integrity Due Diligence - support and advance Scatec’s process of investigating and evaluating the ethical standards, reputation, and trustworthiness of a company, individual, or potential counterparties. Identify whether there are any risks related to unethical behavior, legal violations, corruption, fraud, forced labour or other misconduct that could affect the success, reputation, or legal standing of Scatec. Involve relevant functions as needed in the assessment of third parties
- Awareness Building - institute and maintain and support an effective communication program for the organization and external stakeholders, including promoting (i) use of the Whistleblower Channel and Grievance Mechanism; (ii) heightened awareness of the Code of Conduct including the development of the Code of conduct eLearning; (iii) understanding of new and existing compliance issues and related policies and procedures. Prepare for and participate in onboarding of new employees and colleagues. Perform awareness building according to training plans.
- Management of Reported Concerns - support the assessment and management of reported concerns that come through internal and/or external channels, including the Scatec Whistleblower Channel, that relate to violations of rules, regulations, policies, procedures, and the Scatec code of conduct.
- Monitor and Assurance - systematically monitor day-to-day compliance practices, ensuring timely and accurate reporting to relevant stakeholders. This includes (i) coordinating and supporting monitoring activities with other departments to ensure effective implementation of compliance program and to identify potential risks or gaps; (ii) providing an independent review and evaluation to ensure that compliance issues/concerns within the organization are being appropriately evaluated, investigated and resolved.
- Reporting - provide reports on a regular basis, and as directed or requested to keep key stakeholders and senior management informed of the operation, progress of compliance efforts, including implementation of compliance program, compliance incidents, compliance risk assessments with corresponding action plans.
- Legal Advice - provide legal advice and assessments regarding identified risks and potential remedial actions,


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