Associate Director, CFCC - Governance

Zohorecruit; Dubai; On-site; AED 180,000 - 240,000; Full time

Job summary

myZoi seeks an Associate Director, CFCC Governance to lead the financial crime governance framework from Dubai. You will provide second-line oversight, monitor testing, and report to the MLRO while engaging with regulators to ensure compliance with UAE laws and SVF guidelines.

The role emphasizes policy uplift, governance, risk assessment and remediation oversight, with a focus on proactive control improvements and timely regulatory responses.

Qualifications

• Six years of hands-on experience in financial crime, compliance or regulatory risk.
• Strong knowledge of UAE AML/CFT and sanctions requirements.
• Experience drafting and governing policies, overseeing procedures and reporting to senior committees.
• Ability to challenge senior stakeholders and drive practical solutions.

Responsibilities

• Strategize CFCC vision and plan with the MLRO, aligned to myZoi’s direction.
• Drive continuous policy and standards improvements and ensure alignment with UAE law and SVF regulations.
• Own the CMAT monitoring approach, testing cycles and reporting to leadership.
• Oversee risk management, remediation and escalation of material issues to MLRO and Board.
• Produce governance MI for Executive Risk Committee, Board and CFCC fora.
• Coordinate training, awareness, and CFCC communications across the organization.

Skills

Regulatory risk

Policy governance

Compliance monitoring

Testing

Regulatory engagement

Fintech frameworks

Stakeholder management

Experience 6+ years

Job description

Associate Director, CFCC - Governance

Dubai, United Arab Emirates | Posted on 10/08/2026

Role summary: Lead myZoi’s financial crime compliancegovernance framework, providing effective second-line oversight, monitoring,testing, reporting and regulatory engagement.

About myZoi

myZoi is changing lives for the better forthose who deserve it most. We are an exciting fintech start-up focused onpromoting financial inclusion globally. Our vision is to provide a levelplaying field for unbanked and underbanked people to access essential financialservices in an affordable, convenient and transparent way.

We are looking for smart, ambitious andpurpose-driven people to join us on this journey.

Role overview

The Associate Director, CFCC Governance willjoin Conduct, Financial Crime & Compliance (CFCC) within the myZoi Venture.Based in the UAE, the role reports directly to the Money Laundering ReportingOfficer (MLRO).

The role holder will drive myZoi’s financialcrime compliance governance framework so that financial crime risk is governed,monitored, tested and reported effectively. The role combines policy uplift,independent second-line challenge, compliance monitoring and testing,remediation oversight, management information and regulatory liaison.

Role boundary: FCC Operations remains responsible foroperational investigations, case handling, etc. This role provides governance,oversight, challenge and assurance over those activities.

What you’ll do

Strategy and business advisory

• Help deliver the CFCC vision,strategy and plan set by the MLRO, aligned to myZoi’s strategic direction.
  
• Help ensure the team has thepeople, processes, tools, frameworks and systems needed to support sustainablegrowth and manage financial crime risk.
  
• Act as a trusted adviser to thebusiness on applicable financial crime laws, regulations, policies andstandards.
  
• Provide timely advice on varioustopics including bespoke projects and remediation activities.
  
• Challenge activity that fallsoutside risk appetite or tolerance and escalate until appropriate oversight andownership are established.
  
• Help the business move towardsproactive and preventive financial crime compliance.
  

Policy, standards and procedures

• Drive continuous improvement ofFCC policy and standards framework.
  
• Draft, review and maintainpolicies so they remain aligned with UAE law, CBUAE requirements, SVFregulations, Federal Decree-Law No. (10) of 2025 and its Executive Regulations,and applicable Group and SC Ventures standards.
  
• Oversee FCC Operationsprocedures, desk instructions and process notes to ensure they remain accurate,current and consistent with approved policy.
  
• Ensure regulatory and policychanges are reflected promptly in operational documentation.
  
• Manage policy version control,approval routing and evidence under myZoi’s governance framework and Delegationof Authority.
  
• Run the annual PolicyEffectiveness Review, identify gaps and track remediation.
  

Compliance monitoring and testing

• Act as CMAT Owner for the MLRO.
  
• Prepare and maintain the AnnualCompliance Monitoring and Testing Plan for MLRO approval.
  
• Run quarterly testing cycles andthematic reviews.
  
• Own the monitoring and testingmethodology, sampling approach, severity ratings and root-cause categories.
  
• Independently challengefirst-line quality assurance and arrange retesting where required.
  
• Maintain the CMAT FindingsTracker and monitor timely, sustainable closure.
  
• Keep records of testing,findings, actions and closure evidence ready for audit and regulatory review.
  

Risk management and remediation

• Work closely with FCC Operationsas an independent second-line partner and monitor the performance of controlsand processes, including CDD/EDD, customer risk rating, sanctions screening,transaction monitoring and fraud controls.
  
• Escalate material, systemic oroverdue issues and regulatory breaches to the MLRO and, where appropriate, theExecutive Risk Committee and Board.
  
• Track remediation arising fromregulatory findings, internal audit, independent assessments and internalreviews.
  
• Assess whether proposedremediation addresses root causes, is adequately evidenced and reducesrecurrence risk.
  
• Oversee FCC Operations’ handlingof significant financial crime events and ensure relevant connected parties,particularly cross-border parties, are identified and reported at theappropriate internal and external levels.
  
• Contribute to control developmentwhere Compliance is the defined risk owner under the Risk Management Framework.
  
• Understand the technicaloperation of CDD, screening, transaction monitoring and case-management systemssufficiently to monitor and test their effectiveness.
  

Governance, MI and reporting

• Prepare accurate anddecision-useful FCC management information for the MLRO, Executive RiskCommittee and Board.
  
• Report on control performance,monitoring and testing results, findings, remediation, emerging risks andregulatory commitments.
  
• Promote a culture of openness,trust, risk awareness and personal accountability.
  
• Track policy rollout,attestations, training completion and adoption.
  
• Support horizon scanning withGroup and SC Ventures CFCC teams, including regulatory change, enforcementtrends and emerging risks.
  
• Coordinate FCC audits withInternal Audit, including evidence requests and management responses.
  

Regulatory and external liaison

• Support the MLRO in managingrelationships with the CBUAE and other relevant authorities.
  
• Support licensing, regulatoryreporting, information requests, examinations, inspections, thematic reviewsand remediation commitments.
  
• Act as the main contact forexternal consultants, auditors and independent assessors.
  
• Agree scope, coordinateinformation requests, manage timelines, challenge draft findings and trackagreed actions.
  
• Ensure external FCCcommunications are coordinated, consistent, approved by the MLRO and properlyrecorded.
  

Training and awareness

• Design and deliver regular CFCCtraining on regulatory developments, FCC policies and procedures.
  
• Monitor training completion andeffectiveness.
  
• Reinforce obligations to escalatesuspected money laundering, terrorism financing, proliferation financing andother financial crime concerns promptly to the MLRO.
  
• Promote awareness of tipping-offrestrictions and the need to protect confidential investigation and reportinginformation.
  

Success measures

• FCC policies are reviewed andapproved on schedule, with the Policy Effectiveness Review completed.
  
• FCC Operations procedures remaincurrent and are updated within agreed timeframes after policy or regulatorychange.
  
• The obligations register iscurrent and the annual attestation process is completed on time.
  
• The Annual CMAT Plan is approvedon time and quarterly testing cycles are delivered as scheduled.
  
• Findings are closed by their duedates, with repeat findings decreasing.
  
• Executive Risk Committee andBoard MI is accurate, timely and decision-useful.
  
• Regulatory, audit and consultantrequests are answered on time with no missed commitments.
  
• CFCC training is delivered toplan and completion targets are met.
  
• FCC governance supports safedelivery of new products and payment capabilities, including externalinteroperability, e-commerce and peer-to-peer services.
  

What you’ll need

• At least six years of hands-onexperience in financial crime, compliance or regulatory risk.
  
• Experience in policy governance,compliance monitoring and testing, assurance and direct regulatory engagement.
  
• Strong knowledge of UAE AML, CFT,CPF and sanctions requirements, CBUAE expectations and SVF regulations.
  
• Working knowledge of FederalDecree-Law No. (10) of 2025 and its Executive Regulations.
  
• Experience drafting and governingpolicies, overseeing operational procedures and reporting to senior committeesand boards.
  
• Experience managing regulatoryexaminations, audits, independent assessments and external consultants.
  
• Strong understanding of corporategovernance, risk management and the financial services sector.
  
• Knowledge of fintech and paymentsbusiness models, products, systems and regulatory considerations.
  
• Relevant professionalcertification such as CAMS, ICA or equivalent is preferred.
  

Who you are

• You display exemplary conduct andlive by myZoi’s Values and Code of Conduct.
  
• You take personal responsibilityfor embedding high standards of ethics and regulatory and business conduct.
  
• You use sound judgement and caninterpret complex regulatory requirements in a practical business context.
  
• You are confident challengingsenior stakeholders and driving solutions and change.
  
• You build effective relationshipsacross country, regional, business, Group and SC Ventures stakeholders.
  
• You are organised, curious,detail-oriented and comfortable working to deadlines in a fast-pacedenvironment.
  
• You communicate clearly and writeconcise, persuasive reports and presentations.
  
• You bring an imaginative approachto improving processes, workflows, analytics and monitoring.
  
• You can see issues from multipleperspectives and keep asking why.
  
• You are willing to roll up yoursleeves when challenges arise and contribute positively to team culture.
  

Working relationships

• Reports to: MLRO
  
• Key internal partners: FCC Operations, Product, Technology, Risk,Legal, Finance, Operations, Commercial and senior leadership.
  
• Key governance forums: Executive Risk Committee, Board, CFCC Forumand relevant Group and SC Ventures CFCC forums.
  
• Key external stakeholders: CBUAE, other relevant authorities, auditors,consultants and independent assessors.
  

Regulatory and operating context

The role operates within myZoi’s CFCCframework, applicable UAE AML/CFT/CPF and sanctions requirements, CBUAEexpectations, Group and SC Ventures standards, and approved myZoi policies andprocedures. Operational teams are responsible for executing controls; the roleprovides independent governance, monitoring, testing, challenge and assurance.