Legal and Compliance Officer

2 weeks ago


dubai, United Arab Emirates The Luxury Closet Full time
The Luxury Closet is a company born in Dubai, the heart of luxury in the Arabian Peninsula, where we are redefining the world of luxury. We seek to challenge the norms and build a sustainable company that is loved and admired, and inspires the modern-day luxury consumer.Our aim is to unlock and curate the most valuable and exclusive closets from around the world.What do we offer?A young, dynamic and forward-thinking environmentFast paced and very short decision times for changesA canvas for you to truly excel99% of uptime on sunshineAbout The RoleWe are looking for a Legal and Compliance Officer to ensure that our operations and business transactions follow all relevant legal and internal rules. You will be required to ensure that the company operates in a legal and ethical manner at all times while meeting it's business objectives.ResponsibilitiesMonitor and ensure compliance with applicable laws, regulations, and internal policiesCreate sound internal controls and monitor adherence to themDraft, revise, and negotiate company policies, contracts, agreements, letters and other legal documentsEnsure contracts comply with legal requirements and mitigate potential risksProactively audit processes, practices and documents to identify weaknessesEvaluate business activities (e.g. investments) to assess compliance riskCollaborate with external auditors and HR when neededSet plans to manage a crisis or compliance violationProvide legal advice and support to management and other departments on a wide range of legal issues as well as train employees on regulations and industry practicesKeep abreast of internal standards and business goalsHandle Anti-money laundering matters and provide legal advice for executionPrepare and submit legal documents and applications to the DED on behalf of the organizationHandle criminal/civil cases involving the organization, including investigations, defence strategies, and court appearances if need beRecord accurate minutes of board meetings, ensuring all discussions, decisions, and action items are documented- (Recommended to know how to record the minutes)RequirementsProven experience as a Compliance Officer or a similar roleExperience in risk managementKnowledge of legal requirements and controls (e.g. Anti-Money Laundering, or AML)Familiarity with industry practices and professional standardsExcellent communication skillsIntegrity and professional ethicsBusiness acumenTeamwork skillsAttention to detailBSc/BA in law, finance, business administration or a related fieldProfessional certification (e.g. Certified Compliance & Ethics Professional (CCEP)) is a plus
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