Mlro, Compliance and Risk Manager
2 weeks ago
**Summary and Overview**
- MRLO, Compliance and Risk Manager
- Dubai
- Permanent
- Full Time
- Competitive Salary & Benefits
You'll be responsible for ensuring we comply with regulatory compliance, mitigate financial and operational risk and safeguard the business from money laundering and related financial crimes.
You will oversee anti-money laundering (AML) programs, monitoring transactions via the compliance monitoring programme and report suspicious activities. Additionally, the role entails collaborating with regulatory authorities, providing guidance to colleagues on regulatory, AML/CFT matters and enhancing AML policies and procedures to adapt to an evolving regulations and risk.
You will be responsible as the Authorised Individual for Equiom Corporate Services (Middle East) Ltd in the DIFC, Dubai and its branch in ADGM. Abu Dhabi. In addition, you will be appointed as Deputy MLRO for Equiom Corporate Services QFC LLC in Qatar.
**Your New Role**
This list of duties is not exhaustive and may change from time to time according to business needs:
- Ensuring that the organisation operates in accordance with all relevant financial and anti-money laundering regulations in the UAE and Qatar
- Advise the business on any potential Compliance and/or Regulatory issues with regard to material changes
- Identify, create awareness of and plan the appropriate response within the business, principally in respect of any Regulatory, Compliance and Risk Management issues, including in respect of the MLRO role
- Adopt a pragmatic and commercial approach to business whilst remaining cognisant and compliant with personal and corporate regulatory and legal obligations
- Represent Equiom C&R function in any strategic initiatives, as may be deemed appropriate and in relevant global forums
- Act as Equiom Corporate Services (Middle East) Ltd Money Laundering Reporting Officer and lead contact for all MLRO activities for C&R in DIFC and ADGM
- Advise on customer and supplier onboarding in accordance with regulatory, legal and Group requirements
- Maintain accurate and complete records of all files and documents relating to FIU and SARs
- Work with the business units where matters are escalated to Group Business Acceptance Committee as appropriate
- Accountable for the day-to-day implementation of local AML/CTF requirements, providing advice and guidance
- Track and interpret all AML-related legal and regulatory developments, and advise local senior management and Group as appropriate, ensuring necessary standards are reflected in local policies, process and controls
- Seek to ensure the maintenance of relevant local AML/CTF procedures and processes, where applicable, in addition to providing employee training as and when required
- Act as the point of contact and responsibility within the respective businesses for competent UAE authorities regarding money laundering reporting, compliance and issues
- Participate as a member of Group MLRO forums, representing Equiom businesses AML/CFT C&R
- Provide timely and accurate advice to the board and employee members on MLRO matters
- Act as the Compliance Officer/Representative Act as the Compliance Officer/Representative
- Responsibility for drafting an annual compliance plan that addresses the key objectives of mitigating compliance risk
- Quarterly compliance reports to the Boards of Equiom Corporate Services (Middle East) Ltd DIFC and ADGM and their holding company
- Overall responsibility for the maintenance and delivery of the Compliance Monitoring Programme for the respective businesses
- Work in concert with other Compliance & Risk resources within the region or globally on related initiatives, as appropriate - In line with Group C&R initiatives, develop and maintain the appropriate governance and management information mechanisms and processes to ensure local management and other stakeholders have sufficient information on risk exposure
- Provide specific advice and training on relevant Compliance & Risk activities and support applicable to local teams, engaging them on risks and priorities, in accordance with Group and/or local requirements
- Provide mentorship to local C&R team members to ensure compliance and encourage continuous improvement
- Establish and maintain relationships with all regulatory authorities and stakeholders
- Promote and ensure appropriate observation of the three lines of defence model
- Maintain and ensure compliance with company standards, policies and procedures
- Champion a culture which encourages transparency, compliance and risk management;
- Structure activities across different business lines as required and operate within distinct risk profiles
**What will you need to succeed in this role?**
As to be expected, we are searching for someone who can bring a range of skills and experiences to enhance the team. As such, there are a few essential skills we are looking for:
- A good working knowledge of regulatory and legal requirements in
-
Risk & Compliance Manager/mlro
5 days ago
Dubai, United Arab Emirates Emaratech Full timeWe are looking for a Risk & Compliance Manager/MLRO with fintech domain experience. The Risk & Compliance Manager / MLRO will be responsible to work with management and teams to identify and manage regulatory risk. The job holder will ensure that the organization has internal controls that adequately measure and manage the risks it...
-
Compliance, Mlro
2 weeks ago
Dubai, United Arab Emirates Tiger Recruitment Full timeCompliance, MLRO & Risk Officer - Dubai 25,000 - 35,000 AED per month Must be residing in the UAE Our client a leading Asset Manager in the Middle East is seeking a Compliance, MLRO and Risk officer to join their team. It is essential you have experience with DFSA and have worked in Asset Management. Duties Include: - Design and implement policies/...
-
Compliance Officer and Mlro
5 days ago
Dubai, United Arab Emirates Fintech and Banking Hub (FABH) Full time**YOUR RESPONSIBILITIES**: Compliance Framework - Maintain and develop the Compliance Framework of Policies, Procedures, Systems and Controls ensuring these remain in line with regulatory requirements, risk appetite and operationally effective as the Business grows, with any identified deficiencies remedied promptly. Risk Based Approach - Managing and...
-
Compliance Officer
2 weeks ago
Dubai, United Arab Emirates Rapyd Full time**For companies hellbent on growth, Rapyd is the global fintech partner that simplifies and advances commerce in every market.** Rapyd lets you build bold. Liberate global commerce with all the tools your business needs to create payment, payout and fintech experiences everywhere. From famous Fortune 500s to ambitious neighborhood upstarts, our payments...
-
Vp Compliance Mlro
7 days ago
Dubai International Financial Center, United Arab Emirates Barclay Simpson Full time**VP Compliance MLRO**: - Dubai(DIFC) - Competitive Package - Job type: Permanent - Sector: Banking, Asset Management & Funds - Job reference: PH/40905 I am working with a leading Global Bank on a search for a new MLRO to join their Compliance Department based in the Dubai(DIFC) office. The role holder will be responsible for managing Anti-Money...
-
Compliance Risk Manager
4 days ago
Dubai, Dubai, United Arab Emirates beBee Careers Full timeRole OverviewWe are seeking a highly motivated Compliance Risk Manager to join our team. The successful candidate will be responsible for managing and mitigating risks associated with our regulated financial service providers. This role requires strong analytical and problem-solving skills, as well as excellent communication and interpersonal skills.Key...
-
Compliance Officer
5 days ago
Dubai, United Arab Emirates Nexus Insurance Brokers LLC Full timeThe Compliance Officer/Deputy MLRO will support and assist the MLRO in all responsibilities and will act during their absence. **Main Duties**: - Assisting the MLRO in researching the firm’s organization and its requirements - Assisting in the development and monitoring the compliance controls in the firm - Keep up to date with regulatory developments -...
-
Compliance Manager/mlro Officer
3 days ago
Dubai, United Arab Emirates Matt Haycox Group Full timeThe Role We are looking for an experienced Compliance Manager/MLRO Officer to head up our Compliance Department and ensure our company adheres to relevant regulations, legal standards and in-house policies. You will be responsible for enforcing regulations in all aspects and levels of business as well as provide guidance on compliance matters. You should be...
-
Compliance and Risk Management Specialist
6 days ago
Dubai, Dubai, United Arab Emirates beBee Careers Full timeJob Description:The Compliance Officer will be responsible for assisting the Compliance Manager in day-to-day tasks related to compliance.Main Responsibilities:Manage compliance-related systems internally for UAEMonitor compliance mailbox and maintain logsOrganize and maintain all compliance-related records and filesSupport Compliance Manager/MLRO in...
-
Compliance Officer/MLRO
4 days ago
Dubai, Dubai, United Arab Emirates beBee Careers Full timeOur client is seeking a highly skilled Compliance Officer/MLRO to oversee the creation, implementation, and maintenance of all policies and procedures aligned with their compliance framework. This includes managing daily operations, client onboarding processes, continuous monitoring, staff training, and ensuring compliance with internal policies and external...