Compliance Officer
1 month ago
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.
- 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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