GEMS Education Hiring for Vice President – Regulatory Compliance Job at Dubai Full Time

The Vice President of Regulatory Compliance plays a pivotal role in enhancing the state of compliance against regulatory requirements and in promoting a culture of compliance with internal policies.

Key Accountabilities:

• Establish the approach and mechanisms (collectively referred to as ‘framework’) for managing the Group’s level of regulatory and operational compliance against regulatory and internal requirements;
• Establish the mechanisms for highlighting instances of non-compliance and working with relevant functions to develop action plans to address non-compliance; monitor and report instances of non-compliance.
• Design and maintain a fit-for-purpose compliance framework for GEMS Group covering all aspects that are relevant for in-scope jurisdictions and businesses.
• The compliance framework must identify:
  • Principles and approach to managing compliance against regulatory and internal requirements
  • Role and responsibilities within the Group with respect to ensuring compliance
  • Governance structure for management of regulatory and operational compliance; and
  • Escalation route for any breaches.
• Roll out the compliance program (including but not limited to framework, policies, and templates) to Corporate Offices (SSC) and Schools;
• Maintain an exhaustive list of regulatory bodies/authorities and regulations under each regulatory body that are relevant to GEMS businesses.
• Development and ongoing maintenance of GEMS Education regulatory environment and legislative register.
• Work with relevant functions/teams to design mechanisms for establishing the state of compliance across the group, specifically identifying instances of partial or non-compliance.
• Partner with relevant functions within GEMS to drive advocacy around regulatory matters
• Maintain oversight of the state of compliance within GEMS services businesses, working in collaboration with relevant teams within the Corporate Office and the individual businesses.
• Ensure that all operational and regulatory non-compliance matters are adequately monitored and reported as per the approved governance structure; develop and circulate a monthly compliance report.
• Own internal compliance policies including, but not limited to, anti-bribery, conflict of interest, gift and hospitality, and donations.
• Define the processes for managing and monitoring compliance against relevant internal policies.
• Ensure that internal policies and processes are being proactively monitored, reviewed, and assessed for existing and potential compliance violations; and
• Maintain associated mechanisms, such as gifts and hospitality register.
• Establish and maintain an appropriate compliance training program for all employees
• Drive improvements in capturing relevant data for compliance reporting and monitoring purposes; drive continuous improvement and efficiency in the development of relevant reports/dashboards.
• Establish and maintain an appropriate compliance training program for all employees

Expected Qualifications:

• Relevant university education. External accreditation in the areas of legal or compliance.

Expected Experience:

• 12 years+ experience in dealing with regulatory authorities and compliance issues (such as sanctions, anti-money laundering and data privacy and protection) in Education or other regulated industries
• Experience in the educational sector (directly or through consulting) is preferred.

Job-Specific Knowledge & Skills:

• Fluency in both English and Arabic is a must.
• Strong analytical thinking, communication, and presentation skills.
• Effective leadership, project management, and teamwork skills.

About Your Benefits
An attractive remuneration package is on offer to the successful candidate including tax-free salary, medical cover, tuition fee concessions, annual leave, and end-of-service benefits.