Risk and Compliance Lead

Majid Al Futtaim invites you to join us in our quest to create great moments for everyone, everyday We are the leading shopping mall, residential communities, retail and leisure pioneer across the Middle East, Africa and Asia, serving over 560 million visitors a year. For the past two decades, we have shaped the consumer landscape across the region, transforming the way people shop, live and play, while maintaining a strong sustainability track record and the largest mall in the world to attain LEED Gold EBOM Certification. We have over 40,000 team members in 15 international markets representing over 100 nationalities - all keeping the customer at the heart of everything we do. If you enjoy being BOLD, PASSIONATE and TOGETHER, then Majid Al Futtaim is the destination for you.

**ROLE DESCRIPTION**

**_Title:_**
- Global Solutions - Risk and Compliance Lead_

**_Division/Department:_**
- Finance_

**_Reporting to:_**

**_Location:_**
- Finance Director - Global Solutions_
- Cairo, Egypt_

**_Managing/Leading (if applicable)_**_:_**
- Global Solutions Risk and Compliance Team (team of 4 located across Egypt and the UAE)_

**Role Purpose**:
The role will be accountable for leading and directing the Risk and Compliance function for Majid Al Futtaim Global Solutions (GS). The role will report directly to the Finance Director of Global Solutions with a dotted line to the Group Head of Risk.

**The Risk and Compliance Lead will have the following main 5 areas of accountability**:

- **Governance**: Ensure GS-wide, best-in-class Governance across all processes (Finance, HC, Procurement, Government Relations and Procurement) are installed, monitored and rigorously enforced at all times.
- **Enterprise Risk Management**: Complete regular, periodic end-to-end assessments of the risk exposures of the company linked to our chosen strategy. Ensure communication to the Steering Committee / Group along with appropriate mitigation / management strategies.
- **Business Continuity Management**: Develop, test, strengthen and own business continuity for the Global Solutions business across the UAE, Egypt, India and other locations as required.
- **Compliance**: Working closely with Group Internal Audit complete regular reviews and assessment for compliance with required policies. Ensure all Internal Audit recommendations are reviewed and implemented, tracking them to full conclusion. Drive the agenda of Holding Compliance on Ethics, GHE, AML, Data Governance / Privacy, Information Security
- **Investigations**: Perform investigations relevant to Ethics, Fraud and Compliance across GS in conjunction with other Group departments as required.

In addition to the above responsibilities, the role holder will provide visible and clear leadership to their team and the business on all Risk and Compliance matters. Development and empowerment of the team will be key and central to this position.

**Role Details - Key Responsibilities and Accountabilities**:
Key areas of focus will include the following:

- **Governance: Ensure GS-wide, best-in-class Governance across all processes (Finance, HC, Procurement, Government Relations and Procurement) are installed, monitored and rigorously enforced at all times.**
- Ensure strong, appropriate and effective Governance structures are in place (ARC, Management Risk Committee, Compliance, etc.) and operating successfully. Continually assess the organization for gaps and deficiencies, driving them to a solution/conclusion.
- Own the Risk Management Governance model for GS, closely following the Group-wide approach as well as international best practice.
- Establish, gain approval for and monitor performance against the GS Risk Appetite
- Ensure effective and comprehensive Risk Management in conjunction with the Group functions
- Policies and Procedures are in place and accessible to all functions. Clear line of sight to individual, team, organizational and business-wide responsibilities.
- **Enterprise Risk Management: Complete regular periodic end-to-end assessments of the risk exposures of the company linked to our chosen strategy. Ensure communication to Group-wide stakeholders along with appropriate mitigation / management strategies.**
- Risk Assessment prepared and aligned to strategy
- Risks are prioritized and categorized considering the controls in place that influence the likelihood and impact of the risks
- Risk responses are established
- Acceptance of risks and responses by the Board or appropriately empowered indivduals and forums.
- Monitoring of the Risk Register and trends
- Reporting to the Board / SteerCo / Group as required
- Participation on different Steering Committees to identify, assess, prioritize and respond to risks
- **Business Continuity: Develop, test and strengthen business continuity for the Global Solutions business across all geographies.**
- Business Continuity plans are in place and tested
- Business Continuity plans are adequate and effective
- Insurance poli