Compliance Officer

1 month ago


Dubai, Dubai, United Arab Emirates First Digital Trust Full time
Job Title: Compliance Officer & Money Laundering Reporting Officer

First Digital Trust is seeking an experienced Compliance Officer & Money Laundering Reporting Officer to join our team in Dubai. As a key member of our compliance team, you will play a pivotal role in safeguarding our integrity and maintaining compliant business practices.

Responsibilities:
  • Develop, implement, and oversee the compliance program of our VASP entity, including reviewing compliance policies and guidelines, advising on related business processes, and conducting training programs.
  • Act as the MLRO, ensuring full compliance with VARA regulations and maintaining oversight of all related internal controls and reporting.
  • Oversee and monitor the business-wide risk management framework and overall risk exposure of the entity and its activities.
  • Provide accurate, consistent, and timely advice to the business and reporting to local and group level senior management on compliance and risk-related matters.
  • Work closely with various stakeholders to identify enhancements in compliance process automation and lead the implementation of these platform changes.
  • Mentor and continuously develop a team of compliance operations professionals, acting as a point of escalation when queries or concerns arise.
  • Nurture a good risk and compliance culture, participating in the First Digital Group's Compliance Committee to ensure consistent and cohesive application of best compliance practices throughout the group.
Requirements:
  • BS or BA required; law degree strongly preferred.
  • Compliance certification (i.e. CAMS or ICA) preferred.
  • At least 10 years of compliance experience in the area of AML/CFT, financial crime, internal audit, or risk management with excellent knowledge of regulatory requirements in digital asset or fintech firms.
  • VASP background is strongly preferred, but exceptions can be made for people with an exceptional track record in other financial services or fintech-related businesses.
  • Strong communication skills and ability to deliver clear presentations to interact with a broad range of audiences or stakeholders with different backgrounds, including with VARA directly. Fluency in English is required.
  • Reliable when working independently, with good judgment for when to raise issues.

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