THIS POSTING IS FOR DFSA/FRSA APPROVED COMPLIANCE OFFICERS ONLY. TWO POSITIONS ARE CURRENTLY AVAILABLE.
Experience in compliance and money laundering reporting in the UAE. DIFC and the ADGM experience is mandatory.
Should have ACAMS certification.
The candidate will be seconded as an outsourced DFSA/FSRA -authorised Compliance Officer to clients.
Job Description:
The role of the Compliance & Money Laundering Reporting Officer will include the following responsibilities and tasks:-
- Acting as Compliance and AML Officer for DFSA/FSRA-approved firms
- Keeping up-to-date with the relevant DFSA/FSRA rules, regulations and requirements
- Review of compliance and internal control procedures and ensuring that they are in adherence with the firm's Compliance and other manuals, as well as all applicable legislations
- Ensuring that the firm's Compliance Manual and related documents are kept up-to-date
- Providing guidance (and assistance where relevant) to senior management and employees of the firm on DFSA/FSRA compliance-related matters
- Administering firm policies in relation to managing conflict of interests, personal account transactions, use of marketing material, etc.
- Establishing and maintaining relevant systems, controls and policies in relation to anti-money laundering laws applicable to the firm
- Providing or coordinating relevant AML training to the employees of the firm
- Reviewing and updating the firm's AML manual as required
- Performing requisite AML-related risk assessments and due diligence checks
- Acting as point of contact for internal and external Suspicious Transaction reports;
- Liaising with the relevant authorities, as may be required, in relation to the firm's AML matters.
- Overseeing staff awareness and training on compliance matters; providing necessary compliance related training to employees and assist in enhancing compliance culture at the firm
- Handling communications with the DFSA/FSRA, obtaining approvals as required, notifying the regulator as required for all compliance-related matters.
- Overseeing submission of regulatory returns by the firm
- Maintaining firm records and registers as required under applicable rules and regulations, including, without limitation, registers in relation to breaches, complaints, suspicious transactions, training, etc.
- Reporting to and liaising with the SEO, Group Compliance Officer and the Board, as required, on compliance related matters; management of the firm's internal and external compliance reporting processes
- Implementing and updating the firm's Compliance Monitoring Programme, AML Business Risk Assessment as required;
- Monitoring, as relevant, compliance by the funds that the firm administers with applicable rules and regulations and other international guidelines and regulations; and
- Handling other ad-hoc compliance-related projects that may be assigned from time to time.
On offer is a hybrid work experience, so that you can work from the comfort of your home or office, with flexible timings. We work from office 3 days a week, non-peak hours.
Salaries commensurate with experience.
This position is for experienced personnel only.
