Compliance Officer - MLRO

Setcreative; Dubai; On-site; AED 300,000 - 540,000; Full time

Benefits offered by this job

Ownership from day one

Competitive pay

Global exposure

Learning and development support

Job summary

Fasset is seeking a Compliance Officer (Manager) based in Dubai to establish and maintain an effective compliance program, including AML/CTF systems and regulatory oversight.

You will lead policy development, monitor and report on compliance, coordinate regulatory filings, and work with regulators, banking partners, and internal teams across locations. This role demands independent leadership in a fast-paced fintech environment.

Qualifications

• Proven interest and/or experience in fintech compliance roles.
• Minimum of 5+ years in risk, fraud, compliance, AML or regulatory functions in a regulated financial services business preferred.
• Certification in compliance risk management.
• Ability to work independently in a fast-paced global organization across locations.
• Strong problem-solving and advisory skills.
• Experience with risk assessments and due diligence.
• Familiarity with compliance software and reporting tools.
• Ability to liaise with FIUs and regulators.

Responsibilities

• Develop and manage Fasset's compliance policies and processes.
• Coordinate regulatory filings and ongoing monitoring/reporting.
• Maintain AML/CTF controls and documentation.
• Lead training materials development for staff.
• Provide Board reports on compliance effectiveness and operations.
• Support regulatory visits and internal/external audits.
• Manage internal SAR processes and monitoring records.
• Collaborate with regulators, banking partners, and vendors.

Skills

Fintech compliance

AML/CTF knowledge

Regulatory reporting

Independent worker

Cross-location coordination

Education

Professional certification in compliance risk management

Tools

Compliance applications

Job description

About Fasset

At Fasset, we believe your money should answer to you. We are a banking and investment platform built around a simple idea: more people should have access to the financial system, regardless of where they live. We are building the global financial system for ownership, one that moves what you earn into what you own, so that what you can own is never decided by where you were born.

We operate across emerging markets, with a particular focus on the Middle East, Asia and Africa. Founded by Mohammad Raafi Hossain and Daniel Ahmed, Fasset has raised more than $80 million and holds regulatory approvals across markets including the UAE, Indonesia, Malaysia, the EU, Türkiye and Pakistan.

We are a fast-moving, global team scaling a regulated platform across multiple markets. Our culture runs on HEART: Humble Curiosity, Enthusiasm, Act Like Owners, Raise the Bar, and Tenacity. And we hold one simple view about the people who join us: the owners arrive early.

About the role

Reporting to the CEO, Fasset is seeking a Compliance Officer (Manager) based in Dubai, UAE to support the establishment and maintenance of an effective Compliance Program, including exam management, advice on the impact of new regulations, and anti-money laundering (AML) and counter-terrorist financing (CTF) systems and controls.

What you'll do

• Develop and manage Fasset's compliance policies and processes
• Ensure ongoing monitoring and reporting
• Coordinate various regulatory filings
• Focus on internal compliance policy review, including ongoing assessments, assisting with compliance review, internal audit reviews and ongoing or ad hoc reviews
• Maintain all external Ireland Compliance relationships with: i) regulators; ii) banking partners; iii) industry working groups; and iv) third-party Compliance vendors
• Assist in the development of training materials
• Provide statistics on monitoring completion as needed
• Make recommendations for enhancing the firm's systems, controls and processes
• Manage and implement appropriate AML and CTF policies and procedures
• Ensure AML and CTF requirements are considered as part of the development of new products or service changes
• Maintain up-to-date AML documentation
• Assist in developing reports to the Board on a regular basis detailing the operation and effectiveness of the systems and controls used to combat financial crime
• Arrange and assist with regulatory visits and audit inspections
• Maintain an internal reporting process for receiving internal Suspicious Activity Reports (SARs)
• Manage monitoring registers and other records necessary to evidence efforts
• Assist with maintaining overall compliance with the requirements and obligations prescribed by COAF (Council for Financial Activities Control), authorities and other relevant authorities

What you’ll bring

Must have

• Proven interest and/or experience in the fintech sector
• Minimum of 5+ years' experience in a risk, fraud, compliance, AML or regulatory function; experience working with a regulated financial services business in legal or compliance roles preferred
• Professional certification in compliance risk management
• Ability to work independently in a fast-paced, global organization, maintaining close contact with relevant teams across multiple locations
• Excellent problem-solving skills and ability to provide useful and efficient counsel
• Good understanding of performing risk assessments, periodic/trigger reviews and enhanced due diligence
• Proficiency in compliance applications and programmes
• Ability to carry out the necessary studies to ensure compliance with issued regulations, and to provide necessary communication and coordination with the FIU
• Proactive, diligent team player

Nice to have

• Virtual assets / crypto experience

What we offer

• Ownership from day one. High-trust, high-ownership culture where you get room to act like an owner and the support to raise the bar.
• Competitive pay, benchmarked across our markets and reviewed as you grow.
• A real path forward through Grow with Fasset (#GwF), our L1-L7 progression framework with both IC and Manager tracks.
• Global exposure working alongside a team spread across seven markets, solving problems that matter for emerging economies.
• Learning and development support to keep growing your craft.