Overview
Compliance Officer Jobs in Dubai, United Arab Emirates at Confidential
Title: Compliance Officer
Company: Confidential
Location: Dubai, United Arab Emirates
Job Title: Compliance Officer
Description:
We are seeking a highly motivated and experienced Compliance Officer to join our team.
Responsibilities:
Ensure that all staff, including senior management, receive adequate training on applicable laws and regulatory requirements, particularly those related to consumer protection and Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT).
Develop and implement compliance policies and procedures, including a Business Continuity and Disaster Recovery Plan (BCDR Plan) as mandated by the Technology and Information Rulebook.
Evaluate emerging compliance issues and risks.
Provide regular compliance activity and audit reports to the Board.
Ensure appropriate corrective measures are taken to address deficiencies in the Compliance Management System (CMS) or instances of non-compliance with applicable laws or regulations.
Assist in conducting regular assessment to identify effectiveness of compliance policies
Follow-up on industry relevant laws and regulations
Generate regular reports on Compliance activities and based on results recommend corrective measures if needed
Assist in any regulatory subject visit or inspection in the organization and provide the needed documents
Requirements:
5+ years of previous experience in the compliance function in the UAE.
Bachelor degree in Law, Business Administration or any other related field
Experience in KYT software (such as Chainalysis or Elliptic) is a plus
Must be a full-time employee of the VASP.
Must be a resident of the UAE
Good knowledge in compliance best practices
Good written and verbal communication skills
