Legal Entity Governance Manager,

State Street
Riyadh
SAR 150,000 - 200,000
Job description

As State Street Saudi Arabia Financial Solutions Legal Entity Governance Manager, Vice President, you will be accountable for managing staff and acting as the primary point of contact in overseeing the implementation and maintenance of effective governance mechanisms to comply with local laws and State Street requirements.

Specifically, you will:

  1. Manage, direct and develop staff members at VP level and below.
  2. Chair and/or participate in Committees and Forums to ensure processes and controls are in place to meet regulatory and policy requirements.
  3. Act in an advisory capacity to ensure all Board and Committee charters are in line with local regulatory and STT policy requirements.
  4. Contribute to Board, Committee or Forum materials and provide reporting to support management.
  5. Provide data and management information to support regulatory returns.
  6. Oversee Third Party Vendors and/or Intercompany Arrangements in line with local regulatory or policy compliance.
  7. Oversee Business Continuity planning and testing.
  8. Monitor new/existing legal documentation to ensure firm and/or client data is accurately and completely stored within STT inventories.
  9. Maintain a book of client records and Legal Entity Fund List.
  10. Review and monitor KYC, AML, Financial Crime compliance in line with regulatory and policy requirements including oversight of periodic reviews, EDRs, Transaction monitoring, etc.
  11. Manage and monitor Volcker oversight and reporting to ensure ongoing compliance.
  12. Drive remediation and continuous improvement programs in collaboration with global and local stakeholders.

What we value:

These skills will help you succeed in this role:

  1. Strong organizational skills, with an ability to influence and drive execution at all levels within an organization.
  2. Proven ability to demonstrate ownership, work independently, and multi-task in a fast-paced environment.
  3. Sound understanding of local regulatory requirements with experience working with regulators.
  4. Strong organizational awareness with the ability to facilitate and resolve conflicts; ability to make informed, risk-optimized decisions under time pressure.
  5. Excellent analytical and problem-solving skills.
  6. Experience running, participating in risk committees and producing risk reporting materials.
  7. Prior experience in managing and developing staff members.
  8. Prior experience in Banking/financial sector (preferred).

Education & Preferred Qualifications:

  1. Bachelor's Degree in relevant field or equivalent.
  2. Compliance, AML or Risk professional qualifications are preferred.
  3. Capital Market Authority (CMA) qualification exams.
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