Overview

Job ID: 13878

Sector:

Governance, Risk & Compliance

Location: NEOM, Saudi Arabia

COMPANY OVERVIEW                                                                                                    

NEOM is an accelerator of human progress and a vision of what a new future might look like. A region in northwest Saudi Arabia on the Red Sea, NEOM is being built from the ground up to include hyperconnected, cognitive cities, ports, next-generation infrastructure and industries, enterprise zones, research centers, sports and entertainment venues and tourist destinations.

As a destination, it will be a home for people who dream big and want to be part of building a new model for exceptional livability, creating thriving businesses and reinventing environmental conservation.

As a workplace, it is a place for people who share our core values of care, curiosity, diversity, passion, respect, and becoming a catalyst for change.

Are you ready to help NEOM find solutions to the world’s most pressing challenges? Are you prepared to create a lasting legacy  that benefits generations to come? Then we want to hear from you!

ROLE OVERVIEW

The Entities Governance Lead will play a pivotal role in supporting and managing NEOM’s growing and diverse portfolio of directly owned subsidiaries, joint ventures and other entities in alignment with NEOM’s Subsidiary Governance framework and Operating Model.

Key Responsibilities:

  • Support the development and maintenance of the Subsidiary Governance Policy, the Handbooks, the Directly Owned Subsidiary (‘DOS’) Delegation of Authority (‘DoA’), the NEOM Remuneration and Compensation Guidelines and other relevant documents
  • Monitor the specific portfolio of DOS and joint ventures (JVs) assigned and annual calendar of activities
  • Where nominated as a relationship manager, act as the NEOM first point of contact for subsidiaries and joint ventures on all governance related matters (post-incorporation), building trusted and professional relationships with key subsidiary and joint venture stakeholders
  • Provide advice and guidance to subsidiaries and joint ventures on NEOM’s governance standards and leading practice
  • Support the drafting of Capital Owner resolutions and ensure that records are maintained

The ideal candidate will possess both technical expertise and experience, along with strong communication and leadership skills to effectively influence and collaborate across multiple stakeholder groups. This role reports to the Senior Manager, Entities Governance.

 

KEY ACCOUNTABILITIES & ACTIVITIES

Key Responsibilities

Processes and Procedures 

  • Support the development of NEOM’s portfolio management processes (post-incorporation), including all related procedures, guidance and templates 

  • Ensure consistency in the application of the above processes and supporting documents
  • Where required, provide relevant templates to subsidiary and joint venture stakeholders
  • Maintain records of all Capital Owner approvals and supporting documentation in line with applicable legal and regulatory requirements, as well as NEOM policies and procedures
  • Develop and manage a database of potential Board Members

 

Governance

  • Support the development and maintenance of the Subsidiary Governance Policy, the Handbooks, the DOS DoA, the NEOM Remuneration and Compensation Guidelines and other relevant documents (to include coordinating a review at least annually and as required following updates to Applicable Laws and Regulations)
  • Review standard documents that have been tailored by the subsidiaries and joint ventures prior to their board adoption. For example, Board and Committee Charters, Organization Level DOS DoA etc.
  • Support the maintenance of the NEOM Entities Governance intranet site and ensure that it remains relevant, fit for purpose and provides all the necessary information for subsidiaries and joint ventures
  • Coordinate requests for Exemptions and Variations
  • Support in providing advice and guidance on the application of the NEOM and DOS DoA

Portfolio Management

  • Support the development and monitoring of the overall portfolio management plan and annual calendar of activities
  • Support in providing advice and guidance to subsidiaries and joint ventures on NEOM’s governance standards and key requirements
  • Support communications on governance requirements (new developments, reporting cycle dates, certification dates etc.) with subsidiaries and joint ventures
  • Attend operationalization steering meetings and provide information as required

Relationship Management

  • Where nominated as a relationship manager, act as the NEOM first point of contact for subsidiaries and joint ventures on all governance related matters (post-incorporation)
  • Work closely with subsidiary and joint venture points of contacts, building trusted and professional working relationships
  • Act as a point of escalation in respect of portfolio management matters
  • Build trusted and professional relationships with key subsidiary and joint venture stakeholders
  • Guide subsidiaries and joint ventures on the relevant NEOM stakeholders to engage with in relation to requests from government agencies

 

Subsidiary/Joint Venture Board Support

  • Support subsidiaries and joint ventures on their committee structure and composition
  • Support in the development of a governance update at the entity’s first board meeting
  • Ensure that subsidiary and joint venture boards are aware of the relevant tools and processes to support board effectiveness
  • Support the Board Secretariat on the drafting and compliance of governance related resolutions to be presented to subsidiary and joint venture boards

 

Capital Owner

  • Support the drafting of Capital Owner resolutions and ensure that records are maintained

 

Stakeholder Engagement

  • Establish regular meetings with subsidiary and joint venture representatives to consider their upcoming board and committee meetings and the key business to be transacted 
  • Liaise with relevant internal and external stakeholders in respect of portfolio management and entities governance matters

 

BACKGROUND, SKILLS & QUALIFICATIONS

Knowledge Skills and Experience

 

  • 5+ years of relevant experience in governance or company secretarial practice  
  • Understanding of subsidiary and joint venture governance
  • Practical experience working with boards and committees
  • Skilled communicator with an ability to manage and positively influence stakeholders
  • Excellent interpersonal and conflict resolution skills
  • Ability to work in a dynamic and changing environment
  • Strong project management experience
  • Excellent organization skills and attention to detail

 

Qualifications

  • University-level degree in a relevant subject e.g. Law, Governance, Finance, Economics, Business etc.

 

 

NEOM is committed to attracting and retaining the highest caliber of employees to support NEOM’s vision, mission and strategy. NEOM sources the best candidates based on fit for the role and searches local and global markets to identify talent.

NEOM is an equal opportunities employer. All qualified applicants will receive consideration for employment without regard to gender, disability, age, or any other form of discrimination/other characteristic protected by applicable local laws, regulations and ordinances.

As part of our recruitment process, NEOM will undertake reference checks to confirm suitability for the role. All offers of employment are subject to references, evidence of all qualifications and awards, and other background checks being satisfactorily completed. Additionally, all offers are subject to the candidate being able to successfully obtain a work visa to enter and work in the Kingdom of Saudi Arabia.

This job description is not an exhaustive list of duties and responsibilities. The employee may be required to perform additional job-related tasks and duties as assigned. To meet NEOM’s objectives and business needs, the work location is subject to change. Non office-based roles involve outdoor activities. Candidates should be prepared to work outdoors and on construction sites as part of their job responsibilities.

NEOM uses artificial intelligence as part of its recruitment process to assist and enhance efficiency. However, all final hiring decisions are made by human recruiters, ensuring that NEOM’s employment process remains fair and transparent.

The actions of our team should always support the NEOM Values

CatalystCareCuriousPassionateRespectDiversity

Learn more about NEOM’s Values

About Neom

NEOM is the land of the future where the greatest minds and best talents are empowered to embody pioneering ideas and exceed boundaries in a world inspired by imagination.

NEOM is powered by our vision to build a profitable, sustainable and innovation-driven economy, powered by our 14 key sectors. Future-oriented and legacy-free, we're offering our partners and talent the optimum environment to foster unrestricted thinking and fresh solutions to today's most pressing challenges. NEOM is open for business.