Outsourced Compliance Officer and MLRO

About the Role
We are seeking a Compliance Officer (CO) to join our team. In this role, you will initiate, develop, maintain, and revise policies and procedures within the compliance framework, ensuring adherence to legal and regulatory standards. You will oversee the day-to-day operations of compliance, assessing risks associated with current and future business activities, including new products and international operations. This position is pivotal in establishing written guidelines and providing essential advice regarding legislation to staff and service providers. Your contributions will include compliance checks, due diligence, and ensuring effective communication about compliance-related issues across the organization.

Key Responsibilities

• Develop, implement, and maintain the compliance framework and related policies to prevent illegal, unethical, or improper conduct.
• Oversee day-to-day compliance operations and assess compliance risks linked to business activities.
• Create guidelines for staff and service providers to ensure compliance with laws and regulations.
• Conduct compliance risk assessments and implement compliance checks and controls.
• Complete due diligence and sanction screenings for client onboarding.
• Guide the business on compliance matters concerning new activities, products, and programs.
• Address compliance audit remediation activities and liaise with regulatory bodies on such matters.
• Centralize compliance-related information and respond to alleged violations of rules and regulations.
• Establish a system for handling violations uniformly, including reporting suspicious transactions related to money laundering and the financing of terrorism.
• Develop and maintain a compliance communication program and AML training program.

Money Laundering Reporting Officer (MLRO) Responsibilities

• Manage day-to-day operations for compliance with AML policies and procedures.
• Act as the primary contact for employee notifications and take appropriate action on these notifications.
• Make Suspicious Activity Reports according to Federal AML legislation.
• Respond to queries from UAE authorities regarding money laundering matters.

Job Accountabilities
Regulatory Compliance Delivery

• Provide ongoing compliance and AML support to clients.
• Draft and manage compliance and AML frameworks, ensuring adherence to regulatory requirements.

Audit & Monitoring

• Coordinate internal and external audits and conduct compliance reviews.
• Identify and remediate control weaknesses.

Training & Awareness

• Deliver training on compliance, AML, and governance.
• Build client awareness of emerging regulations and risks.

Business Development & Brand Representation

• Support senior team members in execution of client mandates and represent the firm at industry events.

Leadership & Communication

• Communicate compliance risks to senior management and foster relationships with stakeholders.

Continuous Improvement

• Stay current with regulatory developments and refine compliance systems and training.

Team & Culture Contribution

• Promote company culture and support talent retention and development.

Minimum Education and Experience

• CAMS, CISI, ICA Diploma, or equivalent preferred.
• Minimum 8 years of experience in AML and regulatory compliance roles.
• Significant experience with regional regulatory authorities.
• Prior exposure to DIFC or ADGM-regulated firms is advantageous.
• Familiarity with DFSA or FSRA/ADGM regulatory frameworks is required.

Required Skills

• High attention to detail and strong organizational skills.
• Proficiency in Microsoft Excel; experience with accounting software is a plus.
• Excellent written and verbal communication skills in English; Arabic is an advantage.
• Ability to manage routine tasks independently.
• Integrity and discretion in handling confidential client information.

Additional Information
All team members are expected to embody our core values:

• We inspire.
• We listen.
• We trust.
• We succeed together.