About the Role
We are looking for a smart, ambitious, and purpose-driven Chief Compliance Officer to join the company, based in Dubai. You will be responsible for establishing and maintaining a robust governance and compliance culture, ensuring adherence to laws and regulations, as well as CFCC policies and procedures. Our ideal candidate will manage the efficient and effective governance of CFCC risk.
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Responsibilities
Focus on driving CFCC considerations across all business activities and initiatives within the company, covering a wide range of areas/topics including (but not limited to): retail banking, corporate banking, strategic investment, data strategy, and digital assets.
Risk Management and Governance
- Support the awareness and adoption of an appropriate governance model across the company’s regulated entities, considering senior management responsibilities, entity structuring, and expansion planning.
- Oversee the execution of the various company CFCC frameworks designed to ensure compliance with applicable regulations, internal policies, and procedures.
- Challenge and maintain the right balance between risk prudence and pace of innovation set by the new competitor landscape.
- Anticipate horizon risks in the area of CFCC that may have a significant impact and develop effective strategies to mitigate such risks.
- Manage the CFCC relationship with SCV and the Board through the Executive Risk Committee, Board Meetings, and ad hoc SCV engagement to consider CFCC risk across regulatory matters, conduct, compliance, FCC, and data.
- Lead the CFCC team and drive the strategic adoption of the CFCC; support the Data Protection Officer in implementing the data management and privacy framework for the company.
- Support the responsible MLRO in the delivery of the company financial crime risk framework, covering Anti-Money Laundering, Countering Terrorist Financing, Compliance with Financial Sanctions, and Anti-Bribery and Corruption.
Regulatory Relationships and Regulatory Change
- Manage regulatory relationships within the company, including regulatory inspections and identification of regulatory reform initiatives with significant impact.
- Execute and implement functional best practices around regulatory inspections, audits, and assurance exercises.
- Ensure proactive engagement in regulatory reform, including identification and escalation of regulatory reform proposals, participation in local internal regulatory relationship and reform forums, and memberships in local external industry forums.
Business
- Analyze the comprehensive impact of CFCC matters on the relevant business areas and their operations.
- Support relevant stakeholders to make decisions based on current and possible future policies, practices, and trends.
- Provide appropriate advice to stakeholders on the interpretation and application of regulatory expectations, laws, best practices, and policies related to CFCC.
- Offer support and challenge to the company’s senior management to ensure the establishment and monitoring of processes for compliance with CFCC policies and standards.
People and Talent
- Lead by example and build the appropriate culture and values by setting the right tone and expectations from the CFCC team; collaborate with risk and control partners.
- Ensure ongoing training and development of team members and that holders of all critical functions are competent, suitably skilled, and qualified for their roles.
- Set and monitor job descriptions and objectives for direct reports, providing feedback and rewards in line with their performance.
- Assess the competency and skill of the team continually and ensure teams are adequately resourced and capacitated.
About You
- Exhibit exemplary conduct and adhere to the Group’s Values and Code of Conduct, taking personal responsibility for embedding the highest standards of ethics, regulatory, and business conduct across the company.
- Possess a strong understanding of the financial services sector, demonstrating sound judgment on business practices within a digital environment, regulatory frameworks, and CFCC risk management.
- Exhibit strong organizational, communication, and stakeholder management skills, capable of identifying, challenging, and resolving risks and issues.
- Bring over 13 years of hands-on experience in financial crime, compliance, and regulatory risk management.
- Enjoy a collaborative working style and thrive in a creative, fast-paced, agile environment, with excellent writing and presentation skills.
- Have an imaginative and creative approach to work and curiosity about new technologies, workflows, and products.
- Understand effective communication concepts and adeptly transmit, receive, and accurately interpret ideas and information across diverse situations and customer segments.
Key Stakeholders and Reporting Relationships
- Relevant Financial Services Regulators
- Chief Executive Officer
- Businesses and Functions
- Group Internal Audit
**At the company, we strive to create both a product and a team that embraces equality, inclusion, diversity, and freedom. We want people who can be themselves and bring their own brand of value to the team. Come and join us.
