Compliance

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

Benefits offered by this job

Private health insurance

Remuneration package

International training

Stimulating work environment

Job summary

XM in Dubai is seeking an experienced Compliance, AML and Risk Officer to lead our compliance framework and provide independent oversight to the Board and senior management.

You will establish the Compliance Management System, monitor VARA and AML/CFT requirements, conduct risk assessments and report on findings, with a focus on governance and regulatory readiness.

The role offers private health insurance, international training opportunities and a dynamic, fast-paced environment.

Qualifications

• Degree in Law, Business, Finance, Economics or a related field.
• At least 5 years of relevant compliance experience, including AML/CFT.
• Experience in financial services or online trading.
• Familiarity with VARA or similar regulations preferred.
• Professional qualifications in compliance or risk management (CAMS advantageous).
• Excellent organizational and confidentiality.
• Fluent written and spoken English.

Responsibilities

• Establish and administer the Compliance Management System.
• Monitor VARA, AML/CFT and risk compliance.
• Conduct AML/CFT and broader business risk assessments; strengthen controls.
• Monitor and report suspicious transactions.
• Prepare consolidated board reports on compliance and risk.
• Maintain documentation for authorities.
• Support business continuity and disaster recovery.
• Advise the Board and management on AML and risk.
• Collaborate with Legal, Licensing, Operations and Technology.

Skills

Compliance

AML/CFT

Risk management

Regulatory affairs

English communication

Education

Degree in Law, Business, Finance, Economics or related field

Tools

Microsoft Office Suite

Job description

Compliance, AML and Risk Officer

The Role:

We are seeking an experienced, strategic and proactive Compliance, AML and Risk Officer to join our team in a rapidly growing, fast-paced and agile environment. The successful candidate will play a key role in building the Company's compliance and risk framework, supporting regulatory readiness and providing independent oversight to the Board and senior management.

The main responsibilities of the position include:

• Establish and administer the Compliance Management System, including compliance, AML/CFT and risk policies, procedures, controls and monitoring arrangements.
• Monitor compliance with VARA, AML/CFT, consumer-protection and other applicable requirements, identifying emerging risks, weaknesses and material breaches and ensuring appropriate corrective action.
• Conduct AML/CFT and broader business risk assessments, strengthen controls in response to identified risks, and oversee the Company’s overall risk exposure.
• Monitor and report suspicious transactions in accordance with applicable requirements, including relevant anonymity-enhanced transactions and clients where required.
• Prepare consolidated reports for the Board covering compliance activities, audits, AML/CFT effectiveness, risk exposures, material findings, non-compliance and remediation progress.
• Maintain accurate records and ensure reports and supporting documentation are available to VARA and other relevant authorities when requested.
• Support the development and maintenance of business continuity and disaster recovery arrangements.
• Train and advise the Board, senior management and employees on compliance, AML/CFT and risk-management obligations.
• Collaborate with Legal, Licensing, Operations, Technology and other stakeholders to embed effective controls across the business.

Main requirements:

• Degree in Law, Business, Finance, Economics or a related field.
• At least 5 years of relevant compliance experience, including handling AML/CFT matters.
• Proven experience in financial services or online trading industry.
• Experience with VARA or a comparable regulatory regime is strongly preferred.
• Solid understanding of regulatory requirements and compliance principles.
• Relevant professional qualifications in compliance, AML or risk management; CAMS or equivalent is an advantage.
• Excellent organisational skills with strong attention to detail.
• Comfortable building processes and controls in a new and rapidly developing business
• Ability to prioritise multiple responsibilities and meet deadlines in a fast-paced environment.
• Integrity of character and high levels of confidentiality.
• Excellent written and verbal English.
• Proficiency in Microsoft Office Suite.

Benefit from:

• Attractive remuneration package
• Private health insurance
• Intellectually stimulating work environment
• Continuous personal development and international training opportunities

The Hiring Experience: What Awaits You

• Let's Connect - Intro Chat with Talent Acquisition
• Deep Dive - First Interview with Your Future Team
• Bring It to Life - Role-Specific Take-Home Task
• Final Connection - Final Interview

Type of employment: Full-time

Location: Dubai