Job Title: Compliance Associate
Location: Dubai, UAE
Department: Risk & Compliance
Reports To: MLRO and Compliance Officer
Position Type: Full-Time
Position Summary:
The Compliance Associate will play a crucial role in supporting the Risk & Compliance department at CSC Dubai, a regulated CSP (Corporate Service Provider) Supervised by ADGM and DFSA frameworks. This position is ideal for an individual with at least 2 years of UAE experience in a compliance-related role within the financial services or corporate sector. The successful candidate will assist in ensuring adherence to regulatory requirements, conducting compliance monitoring activities, and providing support to the MLRO and Compliance Officer in day-to-day operations.
Some of the things you’ll be doing:
Regulatory Compliance Support:
- Assist in ensuring compliance with relevant laws, regulations, and internal policies (FSRA, ADGM, DFSA).
- Support the Risk & Compliance team in implementing and maintaining compliance programs and processes.
- Conduct regular checks and reviews of compliance documentation to ensure they meet regulatory standards.
Client Onboarding and Due Diligence:
- Conduct customer due diligence (CDD), enhanced due diligence (EDD), and ongoing monitoring of clients to assess risks and ensure regulatory compliance.
- Maintain and update client records in line with the company's Know Your Customer (KYC) policies and regulatory obligations.
Sanctions Screening:
- Perform sanctions screening of new and existing clients against global sanctions lists (OFAC, UN, EU, etc.), identifying and reporting any matches in line with company procedures.
- Ensure all transactions are screened for sanctions risks, and escalate any potential hits to the MLRO for further investigation.
- Maintain accurate records of sanctions screenings and report any potential violations to the relevant authorities.
Monitoring and Reporting:
- Assist in monitoring ongoing compliance and regulatory risks within the organization.
- Prepare and maintain reports on compliance activities, ensuring timely submission to senior management and regulatory authorities as needed.
Compliance Audits and Reviews:
- Support internal audits and compliance reviews to assess the effectiveness of the company's policies, procedures, and controls.
- Follow up on audit recommendations and ensure compliance gaps are addressed promptly.
Training and Awareness:
- Assist in the development and delivery of compliance training programs for employees on regulatory updates, internal procedures, sanctions compliance, and anti-money laundering (AML) measures.
- Promote a culture of compliance within the organization by encouraging awareness of policies and regulatory changes.
Regulatory Communication:
- Assist in preparing responses to regulatory queries, investigations, and submissions.
- Support the MLRO and Compliance Officer in liaising with regulators and external auditors.
What technical skills, experience, and qualifications do you need?
- Bachelor’s degree in Business, Finance, Law, or a related field. Additional certifications in compliance (e.g., CAMS, ICA, or equivalent) are advantageous.
- Minimum of 2 years of experience in a compliance or regulatory role, ideally within the financial services, corporate services, or legal sector.
- Strong understanding of regulatory frameworks (FSRA, ADGM, DFSA).
- Familiarity with Anti-Money Laundering (AML) regulations and the associated reporting requirements.
- Knowledge of Know Your Customer (KYC) and Customer Due Diligence (CDD) processes.
- Understanding of financial crime risk management, including fraud, sanctions, and market abuse.
- Experience in sanctions screening and familiarity with global sanctions lists and regulations.
- Proficiency in MS Office (Excel, Word, PowerPoint). Experience with compliance software or systems is a plus.
- Strong written and verbal communication skills, with the ability to draft clear reports and communicate effectively with senior management, clients, and regulators.
CSC is a global business, legal, and financial services company based in Wilmington, Delaware, USA, providing knowledge-based solutions to clients worldwide. We have offices and capabilities in over 140 jurisdictions in the Americas, Europe, Asia Pacific, and the Middle East, and more than 8,000 colleagues. We are the business behind business.®
Visit our careers site to learn more about CSC and our commitment to our clients, communities, and each other.
CSC is committed to creating a feeling of belonging through a diverse and growth-oriented environment where everyone is valued.
CSC colleagues have global career opportunities and excellent benefits, including annual success-sharing bonuses or commission plans based on individual performance. To learn more, visit cscglobal.com/service/careers.
We offer a range of support to colleagues with disabilities, ensuring people have the necessary resources to thrive in their roles. We encourage candidates to work closely with our talent acquisition partners to convey their specific needs. Our commitment to accessibility reflects our broader dedication to diversity and belonging,
CSC only accepts resumes from employment agencies that are part of our approved supplier program. Resumes submitted from other agencies either to talent acquisition, our hiring leaders, employees, or through any other mechanism other than our supplier process, will not be eligible to claim related fees and the submitted resumes will be considered property of CSC.
We encourage candidates to apply directly to our website and not through third-party sources.
Disclaimer: The information above describes the general nature and level of work performed by employees in this role. It is not intended to describe all duties, responsibilities, and qualifications.
