Senior Compliance Manager - Risk and Compliance Management

High Street Resources; Abu Dhabi; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading company in the financial sector is seeking a Senior Compliance Manager in Abu Dhabi. The role involves overseeing compliance programs, managing regulatory requirements, and ensuring adherence to FSRA guidelines. Candidates should have extensive experience in compliance within financial services and a strong understanding of regulatory frameworks. This position offers a chance to lead compliance initiatives and foster a culture of compliance within the organization.

Qualifications

• 10+ years of experience in compliance roles within financial services.
• In-depth knowledge of ADGM regulations and FSRA guidelines.

Responsibilities

• Oversee and implement compliance programs for a client in ADGM.
• Design and implement compliance policies and procedures.
• Prepare and submit required regulatory reports to FSRA.

Skills

Regulatory Compliance

Risk Assessment

Internal Training

Reporting

Collaboration

Education

Bachelor’s degree in law, finance, business

Advanced degrees and professional certifications

Job description

We are seeking a Senior Compliance Manager to oversee and implement comprehensive compliance programs for a client operating within ADGM. In this role, you will ensure that the organization complies with all relevant regulatory requirements, particularly those set forth by the Financial Services Regulatory Authority (FSRA). You will be responsible for managing regulatory compliance, risk assessment, internal training, reporting, and collaborating with regulatory authorities.

Key Responsibilities :

• Stay updated on regulatory developments from FSRA and other relevant bodies.
• Interpret and communicate regulatory requirements to internal stakeholders.
• Design and implement compliance policies and procedures to ensure regulatory adherence.
• Conduct regular risk assessments to identify and mitigate compliance risks in exchange and custody operations.
• Implement controls to manage identified risks effectively.
• Develop and deliver compliance training programs to ensure adherence to policies and procedures.
• Foster a culture of compliance throughout the organization.
• Prepare and submit required regulatory reports to FSRA and other relevant authorities.
• Ensure timely and accurate compliance with reporting obligations.
• Establish systems for ongoing monitoring and surveillance of transactions.
• Investigate and report any instances of non-compliance.
• Prepare for regulatory audits and inspections, working closely with internal audit teams.
• Ensure compliance with all regulatory requirements.
• Build and maintain positive relationships with regulatory authorities, particularly FSRA.
• Act as the primary point of contact for regulatory inquiries and examinations.
• Participate in industry associations and contribute to the development of best practices.
• Represent the organization at relevant forums and conferences.

Qualifications :

• Bachelor’s degree in law, finance, business, or a related field; advanced degrees and professional certifications (e.g., CAMS, CFE) are a plus.
• 10+ years of experience in compliance roles within the financial services industry, particularly in exchange and custody services.
• In-depth knowledge of ADGM regulations and FSRA guidelines.
• Strong understanding of industry regulations and evolving standards.
• Proven experience managing compliance programs for financial institutions.