About The Role
responsible for leading all components of the compliance program, foster a culture of compliance and ensure local regulatory compliance requirements are met. The Compliance Officer will play a critical role in safeguarding the firm's operations, maintaining client trust, and mitigating risks by ensuring compliance with applicable regulations and internal policies. The ideal candidate will combine expertise in financial regulations, strong analytical skills, and effective communication to support the firm's investment strategies and operational integrity.
What You'll Do
Compliance Oversight:
- Monitor and ensure compliance with local and international regulations relevant to different asset classes
- Stay updated on regulatory changes and assess their impact on the firm's operations, advising senior management on necessary adjustments.
- Develop, implement, and maintain compliance policies and procedures tailored to the firm's investment activities and client base.
- Ensuring firm is complying with applicable laws, regulations and mandates documentations (prospectuses, agreements investment guidelines, terms & conditions).
- Ensuring compliance with mandates contractual guidelines, detect and highlighting any breaches and suspicious activities according to AML regulations.
- Ensuring timely filing of different reports to regulatory bodies.
- Regular review of funds prospectuses and any required updates or amendments to ensure compliance with
regulations.
- Periodic preview of counterparties documentations and commercial standing to ensure compliance with
regulatory bodies.
- Following up on customer complaints and ensuring they were properly addressed.
- Reviewing all procedures and compilation of required documentations for establishing new mutual funds/portfolios.
- Managing the process of staff trading approvals with regulatory bodies.
- Reviewing clients agreements from compliance perspective.
- Lead and manage the compliance team, providing guidance, training, and performance oversight.
Risk Assessment and Mitigation:
- Conduct regular risk assessments to identify potential compliance vulnerabilities in trading, reporting, and
portfolio management processes.
- Implement controls to mitigate risks related to regulatory or contractual breaches, conflicts of interest, or
operational errors.
- Monitor and review employee trading activities and disclosures to ensure adherence to insider trading and
ethical standards.
Audits and Reporting:
- Coordinate and support internal and external audits, providing accurate documentation, reports, and responses to regulatory inquiries.
- Prepare and submit regulatory filings or other required disclosures, in a timely and accurate manner.
- Maintain detailed records of compliance activities, including training logs, policy updates, and incident reports.
Anti Money Laundry responsibilities:
- Ensure that adequate Anti Money Laundering policies, procedures, systems and controls are established and implemented.
- Monitor the application of the AML policy and procedures including KYC procedures.
- Establish program for the business to identify any unusual or suspicious transactions.
- Establish internal Suspicious Transaction Reporting procedures.
- Review any unusual or suspicious transactions identified and communicate with the MLCU and FRA as necessary.
Training and Education:
- Design and deliver compliance training programs for employees, covering topics such as anti-money laundering (AML), Know Your Customer (KYC), and ethical conduct.
- Educate staff on regulatory requirements specific to asset classes like equities, fixed income, commodities, and REITs, ensuring awareness of compliance obligations.
- Foster a culture of compliance by promoting ethical behavior and accountability across all levels of the organization.
Stakeholder Coordination:
- Act as a liaison between the firm, regulators, custodians, and external auditors to address compliance-related inquiries and requirements.
- Collaborate with back-office, front-office, and middle-office teams to ensure compliance is integrated into operational workflows, such as trade settlement and client reporting.
- Advise portfolio managers and senior leadership on compliance implications of new investment strategies or products.
Incident Management and Resolution:
- Investigate and resolve compliance issues, such as trade errors or breaches of fiduciary duty, escalating critical matters to senior management or legal counsel as needed.
- Develop corrective action plans to address identified compliance gaps and prevent recurrence.
What You'll Need
- Bachelor's degree in finance, law, business administration, or a related field. A Master's degree or professional certifications are highly preferred.
- 5 years of experience in compliance or regulatory roles within an asset management firm or financial services environment, with exposure to listed equities, fixed income, commodities, or REITs.
- Fund compliance experience (public and private).
- At least 1-2 years in a supervisory or lead role, overseeing compliance programs or teams, is preferred.
- Proven experience with regulatory filings, audits, or risk management in a financial services context.
- In-depth knowledge of financial regulations and compliance frameworks relevant to asset management.
- Strong analytical and problem-solving skills to assess risks and interpret complex regulatory requirements.
- Proficiency in compliance management systems, financial software, or data analytics tools (e.g., Bloomberg, Thomson Reuters).
- Excellent communication and interpersonal skills to train staff, liaise with regulators, and advise senior management.
- High attention to detail and organizational skills to manage multiple compliance tasks and deadlines.
- Ability to work independently and make sound decisions under pressure.
- Certified Anti-Money Laundering Specialist (CAMS), Certified Regulatory Compliance Manager (CRCM) are advantageous.
Who Are We
Thndr was founded on a bold dream to democratize access to investing through smart tech and human-centric design. This is simply our way of saying we give anyone with a smartphone the simple and easy access they need to preserve and grow their wealth. At the same time, we're shaping the future of investing while actively driving the economies we serve by promoting local investment products.
History has shown that investing is the single greatest way to build long-term wealth, but before Thndr, only a very small percentage of people had access to it due to:
- High barriers to entry In the form of excessive minimum account balances, complex, outdated onboarding, and low financial literacy.
- Irrelevant experience Catered toward expert traders and financial specialists, therefore alienating the majority of the population.
- Fragmented offering Investment products were not gathered in a single, intuitive outlet.
We don't just talk about change, we deliver it. Here's a glimpse into our impact so far:
- 3 million app downloads
- $8.8bn in annualized traded value
- #1 platform in terms of traded value
- 84% of our users are investing for the first time
- 65% of our users come from outside of capital cities and have previously had limited access to financial institutions
Building on the success of our core platform, we are continuing to change culture and break down barriers by launching Rumble, the subscription-based investment recommendations platform.
Rumble was born with the vision to empower everyday individuals to build wealth confidently and intelligently through access to timely and in-depth advice from the industry's top experts.
Going beyond traditional investment advice, it offers long and short-term investment recommendations and financial content through engaging articles and videos that guide users on their financial journey and maximize their returns.
At
Thndr, we're looking for people driven by our mission to help us democratize investing across the MENA region.
