Head of Compliance

Location : Dubai
Post Date :

Description :


Head of Compliance

The Role

  • Ensure that all operations are in compliance with relevant regulatory and Head Office compliance directives. Perform the role of "Local Compliance Officer" as per Head Office directives.
  • Assist management in the implementation of the bank's compliance control organization (policies, procedures, systems & controls), including primarily in relation to financial security (prevent money laundering, combat terrorist financing, handle sanctions, as well as KYC & Onboarding), to capital markets (fight against market abuse, compliance with principles of suitability and appropriateness), and to conflict management (compliance by staff with professional obligations, prevent conflicts of interest, compliance with information barriers).
  • Day-to-day operations in line with regulatory/head office directives, i.e. providing advice, opinions & approvals, performing monitoring & controls on clients & transactions, NAP secretary.
  • Point of contact for the bank's banking & financial services regulators on compliance matters, including for making Suspicious Activity Reports and coordinating with relevant departments to ensure prompt response to regulator queries.
  • Contribute to ensuring effective and appropriate training & awareness activities in relation to financial security and other key compliance matters.
  • Participating in relevant governance committees of the bank, and organizing of the Compliance Management Committee.
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Dubai

Dubai International Financial Centre (DIFC)
Gate Village 1, Level 1
Dubai
Phone : +971 (0) 4 382 6700

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