Head of Compliance
Must Have Required in Profile:
1) Securities and Commodities Authority (SCA) Accredited. (Cleared exams like UAE Financial Rules and Regulations and Combating Financial Crime)
2) Preferably worked in Capital Markets Industry in UAE.
3) Well-versed with SCA, AML/CFT and FATCA/CRS laws and reporting.
4) Experience in Client onboarding, AML Compliance and regulatory inspections.
Job Description:
- Serve as the principal liaison between the company and SCA, handling regulatory filings, updates, and correspondence.
- Design, implement company policies and manage a robust compliance framework in line with SCA regulations.
- Oversee client onboarding and KYC/AML processes, ensuring adherence to regulatory and internal standards.
- Monitor trading activity and internal operations to identify and address compliance risks.
- Prepare and submit periodic compliance reports to management and regulatory authorities like FIU and SCA
- Conduct internal compliance training and awareness programs.
- Lead internal audits and assist in external audits with a compliance perspective.
- Proactively track changes in the regulatory landscape and update internal policies accordingly.
- Ensure timely reporting of suspicious activities (STRs) and oversee regulatory inspections
Work Experience with trading industry will be highly appreciated.
Job Types: Full-time, Permanent
Education:
- Bachelor's (Required)
Experience:
- Capital Market Industry: 4 years (Required)
- Compliance Officer: 4 years (Required)
License/Certification:
- Regulatory Frameworks including SCA, FCA, SEC (Required)