Compliance Officer & MLRO, Abu Dhabi


Location:

Abu Dhabi

Date posted:

17th April 2019

Employment type:

Permanent

Job reference:

65500-0010914446

Staffing area:

Financial Services


Description

Our client is one of Europe's fastest growing FinTech firms, providing payments, FX, liquidity, currency risk management, and trade finance products to global corporates and institutions.

Headquartered in the UK, the firm is expanding within the region, and in order to support their continued growth and success, are looking for a UAE compliance manager to be based in their Abu Dhabi (ADGM) office.

The successful candidate will have had prior experience operating as the authorised compliance officer and MLRO for either a DFSA (DIFC) or FSRA (ADGM) regulated business.

The Role

  • Provide risk and Financial Crime compliance advice to the business and management on a range of regulatory issues, including process enhancements and controls and new product developments
  • Provide face to face training to the business
  • Design, write and implement AML frameworks, policies, procedures, processes and systems
  • Manage compliance and regulatory projects, including implementation of legislation / regulation locally
  • Be first point of contact for internal suspicious activity reports
  • Be first point of contact for the regulator and financial intelligence unit when submitting external suspicious activity reports
  • Liaise with and report to regulatory agencies, as required
  • Design and conduct periodic risk assessments / compliance monitoring and testing, and thereafter produce reports and complete and close any corrective action plans
  • Help implement the compliance training and monitoring plans and ensure that employees and management are aware of the compliance requirements
  • Investigate, record and ensure timely and effective responses to customer complaints and any policy breaches, including developing the necessary corrective solutions
  • Provide advice and help train and manage the local sales team
  • Work closely with technology teams to identify and implement automated solutions to continually enhance compliance processes
  • Keep abreast of key regulatory changes which may impact on the firm's businesses
  • Assist with weekly and monthly reporting

The Candidate

  • Prior experience as authorised compliance officer and MLRO for either a DFSA or FSRA regulated business
  • Experience providing Financial Crime compliance advice is a must
  • Experience designing and Implementing Financial Crime Frameworks
  • Experience reviewing and updating Financial Crime / AML Policies
  • Experience submitting suspicious activity reports
  • Experience working in a global environment
  • Personable, with ability to work well within a team environment and build relationships
  • Experience with anti-bribery and corruption requirements and training for staff
  • Excellent written and verbal communication skills
  • Experience working with the following: Money Laundering Regulations 2017,
  • Ability to deal with problems in a practical and common sense way, and make sound decisions (commercial approach and understanding of issues facing the firm)
  • Ability to work with a degree of independence and autonomy
  • Good attention to detail with the ability to produce high quality advice
  • Academic qualifications in Law or Compliance
  • Fluent English is essential, and whilst not essential, fluency in Arabic would be desirable

This is an exciting opportunity for an experienced compliance officer to join a dynamic and fast growing fintech firm.



Dubai

Dubai International Financial Centre (DIFC)
Gate Village 1, Level 1, Office Unit 104, P.O. Box 482100
Dubai
ae
+971 (0) 4 382 6700
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