Compliance Manager

Marsh & McLennan Companies, Inc.; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading company in the financial sector is seeking a Compliance Manager to ensure adherence to DIFC/DFSA regulations while managing compliance risks. This pivotal role includes developing compliance strategies, conducting risk assessments, and leading stakeholder engagement efforts for a dynamic team focused on regulatory excellence. The ideal candidate will have extensive experience in compliance within the DIFC and possess strong communication and problem-solving skills.

Qualifications

• Proven experience as a Compliance Manager and MLRO in the DIFC.
• Strong understanding of local financial regulations.
• Relevant experience in financial or insurance sectors.

Responsibilities

• Ensure compliance with DIFC/DFSA regulations.
• Develop and implement compliance strategies and risk assessments.
• Act as Money Laundering Reporting Officer for both entities.

Skills

Regulatory Compliance

Risk Management

Stakeholder Engagement

Problem Solving

Communication

Job description

We are on the lookout for a dedicated Compliance Manager to support our Marsh and Mercer businesses within the Dubai International Financial Centre (DIFC) . This pivotal role is essential in ensuring compliance with DIFC/DFSA regulations, managing compliance risks, and upholding the highest standards of ethical conduct. As a Compliance Manager, you will play a crucial role in maintaining our reputation and integrity through proactive policy development, risk management, and stakeholder engagement.

Key Responsibilities:

Regulatory Compliance: Ensure compliance with DIFC/DFSA regulations, mitigating legal risks and enhancing operational integrity.

Compliance Leadership: Act as the Compliance Manager and Money Laundering Reporting Officer (MLRO) for both Marsh and Mercer entities regulated by the DFSA.

Regional Support: Collaborate with the wider IMEA Compliance team, ensuring adherence to both regional and global compliance standards.

Strategic Development: Develop and implement compliance strategies, conduct risk assessments, and initiate improvements to the compliance framework.

Stakeholder Engagement: Foster strong relationships with stakeholders to promote a culture of compliance and ethical conduct within the organization.

What You Can Expect:

Impact of the Role: Play a key role in shaping compliance within a dynamic, high-growth financial sector.

30/60/90 Day Goals:

30 Days: Acclimate tothe company's compliance framework and identify key improvement areas while developing stakeholder relationships.

60 Days: Initiate new compliance strategies and conduct comprehensive risk assessments.

90 Days: Implement a robust compliance program with visible enhancements.

Training and Development: Participate in an in-depth orientation with ongoing updates on regulatory changes and professional growth opportunities.

Business/Team Overview: Join a collaborative team focused on innovation and regulatory excellence in a fast-growing function.

Qualifications: Experience:

Proven experience as a Compliance Manager and MLRO in the DIFC, with a strong understanding of local regulations.

Relevant experience in the financial or insurance sectors, focusing on asset management, insurance, or wealth management.

Proficiency in risk assessment, management strategies, and adherence to compliance standards.

Strong communication and problem-solving skills to effectively engage with various stakeholders and resolve complex compliance issues under pressure.

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