Group Head of Compliance - FX/ CFDs

OX Human Resources Consultancies; Dubai; On-site; AED 450,000 - 750,000; Full time

Job summary

OX Human Resources Consultancies is seeking a hands-on Group-level compliance leader for a Dubai-based role reporting to the Managing Director. You will own and implement a Group-wide compliance framework across FX and financial services entities, ensuring adherence to relevant regulatory jurisdictions including VARA for crypto ventures.

You will also assume regulatory appointments as required (Compliance Officer, MLRO) and help build robust controls, policies and governance.

Responsibilities

• Develop and implement a comprehensive Group-wide compliance framework across FX and financial services entities.
• Lead multi-jurisdictional regulatory compliance across regulators including FCA, FSCA, SCA, ADGM, Belize and Swiss frameworks.
• Establish risk-based KYC/KYB, CDD and EDD, AML/CFT and financial crime controls.
• Support regulatory inspections, audits, remediation programmes and ongoing regulatory engagements.

Job description

This is a hands-on, build-from-scratch Group-level compliance leadership role reporting directly to the Managing Director of the client firm. The successful candidate will take ownership of developing and implementing compliance frameworks across the Group's FX and financial services businesses, ensuring that each entity operates within the requirements of its relevant regulatory jurisdiction.

A key component of the position will be leading the development and implementation of the compliance framework for one of the Group’s upcoming crypto exchange brands, which is seeking to operate under VARA in Dubai.

The successful candidate will also be required to take on the relevant formal regulatory appointment(s), including Compliance Officer, MLRO and/or other Responsible Individual functions as required under the applicable VARA licence, and will be named on the relevant licence.

This is an ideal opportunity for a compliance professional who enjoys building frameworks, establishing controls, solving regulatory challenges and taking direct ownership, rather than simply maintaining an established compliance environment.

1. Group Compliance Framework

• Develop and implement a comprehensive Group-wide compliance framework.
• Assess existing compliance structures across Group entities and identify regulatory gaps, weaknesses and areas for improvement.
• Build policies, procedures, manuals, controls and governance structures from the ground up.
• Establish a consistent Group compliance methodology while adapting frameworks to the specific requirements of individual jurisdictions.
• Develop compliance governance, reporting and escalation mechanisms for senior management.
• Establish appropriate compliance KPIs and management information for the Group.

2. Multi-Jurisdictional Regulatory Compliance

• Lead compliance oversight across the Group's regulated businesses and jurisdictions.
• Develop and maintain frameworks aligned with the requirements of regulators including FCA, FSCA, SCA, ADGM, Belize and Swiss regulatory frameworks, as applicable.
• Monitor regulatory developments and assess their impact on Group entities.
• Ensure regulatory obligations, reporting requirements and compliance controls are appropriately implemented.
• Work closely with local compliance teams, external advisers and regulatory consultants where required.
• Support regulatory inspections, audits, remediation programmes and ongoing regulatory engagements.
• Develop and oversee the Group's AML/CFT and financial crime compliance framework.
• Establish risk-based KYC/KYB, CDD and EDD frameworks.
• Develop appropriate sanctions screening, transaction monitoring and suspicious activity reporting processes.
• Conduct and oversee AML and financial crime risk assessments.
• Ensure appropriate controls are embedded within business operations.Continuously review and strengthen the Group's financial crime controls in line with regulatory expectations.

4. Compliance Monitoring & Risk Management

• Establish a risk-based compliance monitoring programme across Group entities.
• Conduct compliance reviews, thematic assessments and regulatory gap analyses.
• Identify compliance risks and develop practical remediation plans.
• Monitor implementation of corrective actions and ensure appropriate ownership.
• Provide independent challenge to business decisions where material regulatory or compliance risks are identified.
• Establish appropriate compliance reporting to the Managing Director and senior management