Job Detail

Compliance Officer

Posted on May 09, 2022
Location: Dubai, UAE
Industry: Banking / Financial Services
Job Type: Full Time/Permanent
Experience: 3 Years
Salary: 6000 - 8000 UAE Dirhams (Monthly)

Job Description

An investment firm in DIFC requires an internal Compliance Officer to support the Group with their internal compliance and reporting formalities.

Role:

• Oversee day-to-day operation of the compliance function within the Group.
• Develop and implement compliance framework, policies, procedures, systems, and controls to ensure Group compliance with applicable regulatory and legal requirements.
• Stay abreast of changes in the regulatory environment and help analyse the impact of such changes on the business.
• Onboard, monitor and manage all compliance files for Group entities, including conducting due diligence and risk assessments on individuals and corporate entities.
• Maintain an accurate compliance monitoring register including a database of deadlines; work with respective parties inside and outside of the business to ensure adherence to deadlines.
• Identify compliance and money laundering risks, ensure adequate reporting to Senior Management.
• Collaborate across lines of service to ensure AML and compliance awareness at all levels across the Group.
• Regular reporting to Senior Management and Managing Director.


Candidate Requirements

Minimum Experience and Skills:

• University Degree (ideally in Business, Law, Economics or Compliance)
• 3+ years of compliance experience in a similar role.
• Comprehensive knowledge of local AML Compliance requirements and international best practice.
• Understanding of economic, legal and regulatory factors.
• Solution focused individual, operating with ownership and accountability.
• Outstanding written and verbal communication skills, with the ability to anticipate and deliver on the needs of a fast-paced and innovative business.
• Dedicated, self-motivated individual with an ability to work independently and in a team environment.


Skills Required

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