We are seeking an experienced Compliance Officer / MLRO to join an ADGM-regulated broker-dealer investment firm. The role will be responsible for overseeing the company's regulatory compliance and AML/CFT framework, providing practical regulatory guidance to the business, and managing the relationship with the FSRA.
Responsibilities
- Lead and oversee the company's Compliance and AML/CFT functions in accordance with ADGM and FSRA regulatory requirements.
- Act as the company's Compliance Officer and MLRO, subject to FSRA approval.
- Maintain and regularly review compliance and AML policies, procedures, risk assessments, and internal controls.
- Develop and execute the annual Compliance Monitoring Programme and ensure timely remediation of identified issues.
- Oversee client onboarding and financial crime controls, including CDD/EDD, sanctions, PEP screening, transaction monitoring, and suspicious activity reporting.
- Provide practical regulatory advice and guidance to management and business functions on existing and proposed activities.
- Ensure compliance with applicable Conduct of Business requirements, including client classification, appropriateness and suitability, financial promotions, conflicts of interest, and client communications.
- Manage regulatory reporting, notifications, submissions, and ongoing correspondence with the FSRA.
- Coordinate regulatory inspections, reviews, and information requests, and oversee remediation of regulatory findings.
- Monitor regulatory developments and ensure relevant changes are implemented across the business.
- Prepare regular Compliance and MLRO reports for senior management and the Board.
- Deliver compliance and AML training and support a strong compliance culture across the organisation.
Requirements
- At least 3 years of direct compliance experience within an ADGM/FSRA or DIFC/DFSA-regulated financial services firm.
- Direct compliance experience within a broker-dealer, investment firm, CFD/FX broker, securities, or derivatives business – mandatory.
- Previous approval by the FSRA or DFSA as a Compliance Officer and/or MLRO – mandatory.
- Strong practical knowledge of the FSRA and/or DFSA regulatory framework, including Compliance, Conduct of Business, and AML/CFT requirements.
- Hands-on experience working directly with the FSRA and/or DFSA, including regulatory submissions, enquiries, reviews, or inspections.
- Strong knowledge of AML/CFT, sanctions, CDD/EDD, transaction monitoring, and financial crime controls.
- Relevant university degree.
- Professional compliance/AML qualification such as ICA or ACAMS – required.
- Ability to meet the FSRA's fit-and-proper requirements for the CO/MLRO functions.
- Strong analytical and critical-thinking skills with a practical, solution-oriented approach.
- Commercial awareness and the ability to balance regulatory requirements with business needs.
- High level of independence, integrity, and sound professional judgement.
- Excellent communication, drafting, and stakeholder-management skills.
- Ability to work independently, take ownership, and manage multiple regulatory priorities.
