GRC Associate

3 weeks ago

Dubai, Dubai, United Arab Emirates Vistra Full time

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It's never been a more exciting time to join Vistra.

At Vistra, our purpose is progress. We believe that our clients have the power to change the world and to do great things for global progress, and we exist to remove the friction that comes from the complexity of global business – to help our clients achieve progress without friction.

But progress only happens when people come together and take action. And we're absolutely committed to building a culture where our people can do just that.

We have an exciting opportunity for you to join our team as GRC Consultant. Reporting to the GRC Manager, this full-time and permanent position is based in the United Arab Emirates and offers regional coverage, allowing you to make a significant impact on our Governance, Risk and Compliance Department and its growth.

Key Responsibilities

The Senior GRC Consultant will:

  • Perform the compliance officer, money laundering reporting officer ("MLRO"), and risk manager functions for several DIFC and/or ADGM based regulated financial service providers.
  • Act as the GRC consultant and perform the following tasks:
    • Establish and maintain relationships with clients, regulators, authorities, and business partners
    • Ensure adequate time registration and communication
    • Ensure correct and timely client invoicing
    • Organize first line follow-up on outstanding invoices with the clients
    • Report delivery issues and complaints to management
    • Encourage participation in GRC client projects, framework development, regulatory updates, and quality control projects
  • Collaborate with management in the development of new services, efforts to increase efficiency and effectiveness, and creating a positive working environment.

Attributes/Technical Skills

  • The GRC Consultant shall demonstrate:
  • Knowledge and understanding of concepts and regulatory requirements that are common in the financial services industry
  • Involvement in compliance, MLRO, and/or risk management functions at a senior management level.
  • Excellent interpersonal skills to work collaboratively with clients and colleagues
  • Team leadership skills
  • Consultancy skills: ability to communicate with relevant stakeholders (senior management, directors, shareholders, auditors, regulators, and authorities) with an appropriate level of diplomacy and a solution-driven mindset
  • Attention to detail and quality
  • Minimum of three years of relevant experience in compliance, MLRO, and/or risk management functions at a senior management level.

Education and Professional Qualification

  • Master's degree in law, financial management, business administration, or similar
  • Registration with the DFSA and FSRA or other financial services regulator as a responsible individual for the compliance, MLRO, and risk management functions.

Company Benefits

  • Healthcare 100% paid by us as per the start date of employment
  • Pension, monthly 5.83% of basic salary (1 to 5 years of employment) 8.33% of basic salary (if employment is 5 years or more)

If you are excited about working with us, we encourage you to apply or have a confidential chat with one of our Talent Acquisition team members. Our goal is to make this a great place to work where all our people can thrive. We hope you join us on this exciting journey

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