Compliance Officer and MLRO

Eden Rose is currently engaged with a financial institution based in the Dubai International Financial Centre (DIFC) who are seeking a Compliance Officer and MLRO to join their team. Reporting to the Executive Director, you will ensure that the firm adheres to DFSA regulations, manages anti-money laundering policies, and maintains up-to-date compliance procedures. Key Responsibilities: • Liaising with the DFSA for regulatory matters • Keeping up to date with the relevant DFSA rules, regulations, and requirements • Review of compliance and internal control procedures and ensuring that they are in adherence with the firm's Compliance and other manuals, as well as all applicable legislations. • Ensuring that the firm's Compliance Manual and related documents are kept up to date. • Provide advisory and guidance to the business, employees and senior management on compliance-related matters covering internal policies and procedures and DFSA´s regulations. • Administering firm policies in relation to managing conflict of interests, personal account transactions, use of marketing material, etc. • Establishing and maintaining relevant systems, controls, and policies in relation to anti-money laundering laws applicable to the firm. • Identify and asses the compliance risk associated with the Firm`s current and proposed future business activities, including new products, new business relationships and any extension of operations or network on an international level. • Providing or coordinating relevant AML training to the employees of the firm. • Liaising with the relevant authorities, as may be required, in relation to the firm's AML matters. • Overseeing staff awareness and training on compliance matters; providing necessary compliance related training to employees and assist in enhancing compliance culture at the firm. • Handling communications with the DFSA, obtaining approvals as required, notifying the regulator as required for all compliance-related matter. • Maintaining firm records and registers as required under applicable rules and regulations, including, without limitation, registers in relation to breaches, complaints, suspicious transactions, training, etc. • Reporting to and liaising with the SEO and the Board, as required, on compliance related matters, management of the firm's internal and external compliance reporting processes. The Compliance Officer and MLRO will have a minimum 5 years’ experience in a Compliance Officer & MLRO role within the financial services industry (preferably DIFC) with strong experience in client onboarding and transaction monitoring. You will have existing DFSA or ADGM authorised individual status would be an added advantage. A Bachelor’s Degree and ACAMS, ACFCS, ICA or equivalent Certification would be an added advantage. You will be currently living in the UAE. This is an excellent opportunity with a growing DIFC Financial Institution. Please apply now or for further information contact Kayte Short at Eden Rose at [email protected] Show more Show less

The Compliance Officer and MLRO will have a minimum 5 years’ experience in a Compliance Officer & MLRO role within the financial services industry (preferably DIFC) with strong experience in client onboarding and transaction monitoring. You will have existing DFSA or ADGM authorised individual status would be an added advantage. A Bachelor’s Degree and ACAMS, ACFCS, ICA or equivalent Certification would be an added advantage. You will be currently living in the UAE.

Liaising with the DFSA for regulatory matters; Keeping up to date with the relevant DFSA rules, regulations, and requirements; Review of compliance and internal control procedures and ensuring that they are in adherence with the firm's Compliance and other manuals, as well as all applicable legislations; Ensuring that the firm's Compliance Manual and related documents are kept up to date; Provide advisory and guidance to the business, employees and senior management on compliance-related matters covering internal policies and procedures and DFSA´s regulations; Administering firm policies in relation to managing conflict of interests, personal account transactions, use of marketing material, etc.; Establishing and maintaining relevant systems, controls, and policies in relation to anti-money laundering laws applicable to the firm; Identify and asses the compliance risk associated with the Firm`s current and proposed future business activities, including new products, new business relationships and any extension of operations or network on an international level; Providing or coordinating relevant AML training to the employees of the firm; Liaising with the relevant authorities, as may be required, in relation to the firm's AML matters; Overseeing staff awareness and training on compliance matters; providing necessary compliance related training to employees and assist in enhancing compliance culture at the firm; Handling communications with the DFSA, obtaining approvals as required, notifying the regulator as required for all compliance-related matter; Maintaining firm records and registers as required under applicable rules and regulations, including, without limitation, registers in relation to breaches, complaints, suspicious transactions, training, etc.; Reporting to and liaising with the SEO and the Board, as required, on compliance related matters, management of the firm's internal and external compliance reporting processes.