Tuesday, January 19, 2010
Full-Time Position in Kuwait #2: Director, Risk & Compliance
Grade: Director
Department: Advisory
Title: Director, Risk & Compliance
Reports To: Partner, Advisory
Reports On: IARCS and AAS Team
Any nationality
Must be age 45 or younger*
*[Note: This is a non-US job for a non-US employer in non-US countries where the labor laws do not prohibit age limits and where it is a commonly accepted business practice to impose age limits on potential candidates.]
Must have RECENT BIG 4 EXPERTISE
· Package – KD 2700-3100 (US$9,436.27 - US$10,834.24)
· Bonus Scheme
· Relocation Package
· Mobile Allowance
· Tkt & Private medical – self and family
Position Overview
Develop the strategy for the Internal Audit and Risk Compliance Services and the Accounting Advisory Services in line with overall Advisory strategy. Develop market opportunities, driving penetration of market across private and public sector organizations to grow both business lines. Full responsibility for Risk Compliance across all lines of business.
Main Responsibilities
IARCS/AAS
Competencies
Management
Business Development
Experience Required
Short Term
Department: Advisory
Title: Director, Risk & Compliance
Reports To: Partner, Advisory
Reports On: IARCS and AAS Team
Any nationality
Must be age 45 or younger*
*[Note: This is a non-US job for a non-US employer in non-US countries where the labor laws do not prohibit age limits and where it is a commonly accepted business practice to impose age limits on potential candidates.]
Must have RECENT BIG 4 EXPERTISE
· Package – KD 2700-3100 (US$9,436.27 - US$10,834.24)
· Bonus Scheme
· Relocation Package
· Mobile Allowance
· Tkt & Private medical – self and family
Position Overview
Develop the strategy for the Internal Audit and Risk Compliance Services and the Accounting Advisory Services in line with overall Advisory strategy. Develop market opportunities, driving penetration of market across private and public sector organizations to grow both business lines. Full responsibility for Risk Compliance across all lines of business.
Main Responsibilities
IARCS/AAS
- Assisting in developing the IARCS and AAS strategy and planning the operation to deliver sector specialization such as Banking & Finance, Telecoms, and Manufacturing Services etc.
- Directing and managing IARCS/ AAS mandates, ensuring a quality service and the timely dispatch of the deliverables.
- Leading on delivery of specialist, large mandates.
- Management
- Providing strong leadership and direction to designated teams.
- Mentoring, coaching and management of the teams.
- Assisting with the setting of measurable goals for employees and providing feedback to employees on their performance against such goals.
- Facilitating employees’ development to help them realize their full potential and assistance with career management plans.
- Keeping partners up to date with all developments on various issues falling within job description.
- Monitors and upholds a high quality of service and deliverables to clients (internal and external).
- Act as an ambassador and champion of the firms’ values to employees and clients alike.
- Play an integral role in the Firm’s drive to become an Employer of Choice, by leading the team in a manner and style that inspires and drives them in a positive way.
- Leading the business development activity within the designated region.
- Being the first choice point of contact for clients. Manage fee negotiations, project costs, fee increase and agreeing dates for cash collection.
- Actively seek new business opportunities for the firm across all service lines with new and existing clients.
- Reviewing and presenting key deliverables to clients.
- Keeping up to date with IT’S's products and service offerings and identifying sales opportunities that will help IT’S grow its audit / tax / advisory work.
- Build the reputation and Brand Image of KMPG through proactive and professional conduct, quality of work, knowledge and experience.
- Assist with the preparation of marketing materials, brochures, updates/alerts, press articles, etc.
- Prepare for and present seminars and conferences.
- Develop a strong network of clients, both existing and new from which the firm can develop strong revenue opportunities.
- Ensure that teams are efficient in their output and utilization rates are in line with Firm policies.
- Engagement teams
- Wider Firm employees
- Client employees
- Regulatory authorities
- IT’S colleagues in other divisions and other practices
Competencies
- IARCS / AAS
- High level of attention to detail.
- Able to understand and interpret all relevant regulations and laws.
- Able to take a commercial view on advice.
- Highly analytical.
- Be a subject matter expert in all IARCS / AAS matters.
- Able to process large volumes of information quickly and efficiently.
- Able to assess and quality check IARCS /AAS deliverables.
- Able to understand and assess all areas pertaining to risk management, independence and compliance.
- Fluent in English, written and verbal.
- Able to clearly communicate in a concise manner.
- Able to confidently present.
- Proven ability of good listening skills.
- Able to provide honest and constructive feedback.
- Confident and friendly approach.
- Excellent team playing ability.
- Ambitious and totally professional.
- Accountable and business focused.
- Capable of building relationships and developing people.
- Prepared to work the hours required of the role.
- Flexible and adaptable.
- Sustain a high level of drive and resilience
- Demonstrate enthusiasm and a positive attitude when coping with pressure at work.
- Continuously learn from experiences.
- Seek out feedback and development opportunities.
Management
- Able to manage multiple teams.
- Capable of setting clear team objectives and ensuring they are achieved.
- Able to set out in depth concurrent project plans.
- Capable of supporting and mentoring employees.
- Capable of taking full responsibility for own and teams’ work.
- Able to manage in a motivational and respectful way.
Business Development
- Able to develop strong and meaningful business relationships.
- Capable of identifying and gaining access to new clients and business opportunities.
- Able to close sales opportunities.
Experience Required
- Degree educated from a reputable institution, ideally with a further post graduate qualification in finance
- A qualified accountant ACCA/CA/CPA
- A Senior Manager/Director in Big 4 audit firms in similar roles or have been the head of internal audit at a bank/insurance company/Telco/Large corporate.
- A strong understanding of financial, operating policies/procedures and risk management and compliance principles.
- Sound understanding of IFRS / GAAP
Short Term
- Develop the Risk & Compliance strategy, set budget, targets and team requirements
- Identify the recruitment strategy.
- Identify key target client list and assign them to the team.
- Complete the initial recruitment of the Risk & Compliance teams.
- Have made significant in roads to the target list, having penetrated a minimum of 60%, which means having entered into meaningful dialogue
- Be on or surpassing business targets.
- Have penetrated and made significant in roads to all target clients.
- Developed the Risk and Compliance team into a full efficient and effective team, who are at the top of all clients’ lists to call when relevant work comes up.
- Be on or surpassed all business targets.
- Secured IT’S Risk and Compliance services to be the unquestionable number 1 in the market place, within the big 4.
