Develop, assess, and update compliance policies, procedures, and controls to ensure alignment with relevant legislation, regulatory standards, and best practices
Act as the primary point of contact with the FSRA regarding compliance-related issues.
Manage various compliance tasks including client/business partner onboarding, trade surveillance, conduct of business monitoring, general compliance oversight, training, and regulatory reporting (includes MLRO function)
Provide oversight of all AML/CFT and sanctions-related activities, ensuring the implementation of effective and sustainable controls.
Foster and reinforce a robust compliance culture throughout the organization.
Conduct due diligence checks and continuous AML reviews for both existing clients and business partners.
Supervise systems and controls to identify and address potential areas of AML compliance risk and develop and implement practical corrective measures.
Offer guidance and support to senior management and staff on FSRA compliance matters.
Coordinate staff awareness and training initiatives on compliance matters, contributing to the enhancement of a compliance-oriented culture within the firm.
Manage firm records and registers as mandated by applicable regulations, encompassing registers related to breaches, complaints, suspicious transactions, training, etc.
Report to and collaborate with the Senior Executive Officer (SEO) and the Board as necessary on compliance-related issues, overseeing both internal and external compliance reporting processes. Â
The Successful Applicant
At least five years of overall industry experience, including a minimum of two years in wealth management or brokerage compliance and anti-money laundering (AML) within either the ADGM or DIFC for a category 3 firm.
Proficiency in understanding and applying relevant rules and regulations, such as AML/CTF/Sanctions, Conduct of Business, FATCA/CRS, and Data Protection.
Strong English communication skills, both written and verbal, along with robust analytical, problem-solving, and organizational abilities.
Certification as a CISI/ACAMS professional.
Ability to manage robust communication with external stakeholders, regulatory bodies
Capable of being hands-on, detail-oriented, and functioning autonomously.
Business enabling apporach
Willing to work in a start-up culture and be integral part of the business development and success
