Process & Compliance Manager | Retail | IKEA RSO | Jebel Ali, Dubai

Job Requisition ID: 159336

Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world’s most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.

By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day

Overview of the role:

The Process and Compliance Manager’s role is to ain ensuring that all operational and financial controls are adequately & uniformly formalized and implemented for the respective business unit across all geographies to mitigate risk of loss, safeguard assets and improve operational efficiency.

What you will do:

• Review of all contractual obligations and secure compliance with Group Policies across UAE, Oman, Qatar and Egypt.
• Manage and implement business ethics-related policies, including but not limited to anti-corruption and anti-money laundering policies, sanctions screening, etc.
• Review of all new processes and training material of new projects from a risk aversion point of view
• Implement and oversee monitoring activities for Loss prevention.
• Draft and review terms and conditions for promotional activities and liaise with Legal Counsel to ensure that permits are obtained from regulatory authorities prior to commencement of these activities.
• Review of contracts based on Group Procurement Policy
• Review of all company contracts for commerciality and risk in coordination with Group Legal, where required.
• Ensure that contracts meet franchise requirements.
• Review of 3rd party suppliers for IWAY compliance along with IWAY compliance team.
• Coordinate with Service Office and store teams for Non-Merchandise Procurements.
• Secure necessary approvals for all contracts and non-merchandise policy compliance

What equips you for the role:

• Minimum Qualifications and Knowledge: Post Graduate Bachelor of Laws, Compliance certificate preferred.
• Minimum Experience: 3-5 years’ experience in contract reviews, process compliance/Audit, preferably in retail
• Legal knowledge, specifically contractual
• Good knowledge of MS Excel, Word and PowerPoint
• Strong analytical skills