Compliance Specialist

LikeCard; Dubai; On-site; AED 220,000 - 294,000; Full time

Job summary

A fintech company in Dubai is seeking a Compliance Officer to ensure regulatory compliance across multiple jurisdictions. This role involves monitoring regulations, advising on compliance matters, and developing training for high-risk teams. The ideal candidate has a bachelor’s degree, 4+ years of experience, and is fluent in both English and Arabic. Competitive compensation and growth opportunities are offered.

Qualifications

• Minimum of 4 years of dedicated compliance experience.
• Fluent in English (written & spoken) is a must.
• Fluent in Arabic (written & spoken) is a must.

Responsibilities

• Monitor and interpret laws and regulations from financial regulatory authorities.
• Translate regulatory requirements into actionable policies and controls.
• Provide compliance advice for new products and marketing initiatives.
• Maintain the compliance portal with updated policies.
• Develop and execute a compliance monitoring plan.
• Prepare compliance reports and track corrective actions.
• Deliver compliance training to employees.
• Communicate urgent regulatory changes through memos.
• Participate in compliance due diligence for partners.
• Prepare reports for management and regulators.

Skills

Customer Due Diligence (CDD/ KYC)

Transaction monitoring system operation

Suspicious Activity Reporting (SAR)

Use of screening tools for sanctions lists

Data analysis

Attention to Detail

Excellent communication skills

Integrity & Discretion

Risk-Based Mindset

Proficiency in Microsoft Office Suite

Transaction Monitoring Systems

General Tech & Platform Savviness

Education

Bachelor’s degree in law, Finance, Business Administration, or related field

Master’s degree or professional certification

Job description

Job Purpose

This role is critical for safeguarding the company's integrity and operational license, ensuring we not only meet but exceed our regulatory obligations across the multiple jurisdictions we operate in. You will be responsible for implementing compliance frameworks, conducting monitoring and testing, and serving as a trusted advisor to the business on a wide range of compliance matters.

Duties and Responsibilities

• Continuously monitor, analyse, and interpret new and existing laws, regulations, and circulars from central banks, financial regulatory authorities, telecom regulators, and data protection bodies.
• Translate complex regulatory requirements into actionable, business-friendly policies, procedures, and controls for internal teams (e.g., Operations, Product, Marketing, Finance).
• Provide real-time, practical compliance advice to business units on new product launches, marketing campaigns, and partnership agreements (specifically with telecom and banks).
• Maintain the company's internal compliance portal/intranet, ensuring all teams have access to the latest versions of policies and regulatory updates.
• Coordinate with Risk Dpt. to develop and execute a comprehensive, risk-based compliance monitoring plan, conduct periodic testing and audits of key compliance controls (e.g., KYC checks, transaction monitoring rules, partner onboarding) to ensure their effectiveness.
• Prepare detailed reports on monitoring findings, including root cause analysis, and track the implementation of corrective actions by process owners.
• Coordinate with HR Dpt. to develop and deliver targeted, engaging compliance training modules to employees, with specialized sessions for high-risk teams like Sales, Customer Support, and Product.
• Create and disseminate "Compliance Flash" memos to communicate urgent regulatory changes or internal policy updates.
• Coordinate with Commercial Dpt. to participate in the compliance due diligence of potential and existing partners (telecom, banks, payment gateways, merchants).
• Prepare standardized and ad-hoc compliance reports for management, the Board of Directors, and relevant regulators as required.

Requirements

Education

Education: Bachelor’s degree in law, Finance, Business Administration, or a related field. A master’s degree or professional certification is a significant plus.

Courses and Certifications

Courses and Certifications: (No specific courses listed.)

Years of Experience

Years of Experience: Minimum of 4 years of dedicated compliance experience.

Preferred Industry Experience

Preferred Industry Experience: Fintech, payment institution, e-commerce platform, bank, or telecom company.

Technical Skills

• Customer Due Diligence (CDD/ KYC)
• Ability to operate a transaction monitoring system
• Suspicious Activity Reporting (SAR)
• Use screening tools (e.g., World-Check, LexisNexis Bridger) to screen customers and partners against global sanctions lists and PEP databases.

Soft Skills

• Exceptional ability to analyze large volumes of data and legal text to identify risks and propose solutions.
• Meticulous Attention to Detail.
• Excellent written and verbal communication skills.
• Integrity & Discretion.
• Risk-Based Mindset.

Computer Skills

• Proficiency in Microsoft Office Suite.
• Transaction Monitoring Systems.
• General Tech & Platform Savviness.

Language Skills

• Fluent in English (written & spoken) is a must.
• Fluent in Arabic (written & spoken) is a must.