Manager, Client Compliance

IQ-EQ; Dubai; Hybrid; AED 300,000 - 400,000; Full time

Job summary

A leading compliance services provider in Dubai is seeking a Manager for Client Compliance Services. The role involves acting as a Money Laundering Reporting Officer and supervising the Client Compliance Unit. Candidates should have over 8 years of experience in financial services, particularly in compliance, along with a relevant degree. The position offers opportunities for career growth in a hybrid work environment focused on sustainability and inclusion.

Benefits

Career development programs

Hybrid working approach

Focus on sustainability and inclusion

Qualifications

• 8-10 years of experience in financial services with a focus on compliance.
• Experience as DFSA and/or FSRA approved Compliance Officer.
• Strong understanding of AML / CFT regulations.

Responsibilities

• Design and implement AML/CFT framework for clients.
• Act as MLRO for client companies.
• Conduct staff appraisals and career development plans.

Skills

Compliance expertise

AML / CFT knowledge

Regulatory liaison

Team leadership

Education

Degree in law, finance, or compliance

Tools

DFSA approval

FSRA approval

Job description

Job Description

The Client Compliance Services department is responsible to provide Outsourced Compliance Officer and Money Laundering Reporting Officer (“MLRO”) services. The department also assists client companies of IQ-EQ DIFC in structuring matters and in fulfilling clients’ compliance responsibilities.

In addition, the Manager - Client Compliance shall have supervisory responsibilities for the Client Compliance Unit team, monitor their daily tasks and to coach them.

Tasks

• Contribute in designing and implementing the AML / CFT framework for specific clients;
• Act as MLRO / Compliance Officer for IQ-EQ DIFC’s client companies;
• Attend board meetings to present MLRO / Compliance reports for IQ-EQ DIFC’s client companies on at least an annual basis; To receive, analyse and report Suspicious Transaction Reports, as appropriate;
• Perform Client file review or special investigation as required;
• Liaison with DFSA, FSRA and other regulatory bodies for assisting clients to procure regulatory approvals and for related matters.
• Provide AML / CFT training to directors and staff of client companies, as appropriate;
• Conduct AML / CFT risk assessments of all products, technology and business practice of client companies, as appropriate;
• Analyse and disseminate the latest AML / CFT related regulatory information to clients;
• Provide basic advice and guidance to Onboarding Unit and Operational Compliance on specific compliance queries; Provide Management Information to the Operational Risk Committee, GRACC and Board, as required;
• Supervise, assess the Client Compliance Unit team’s work and assignments as well as assist in building capabilities and allocate resources within the Client Compliance Unit team;
• Conduct staff appraisals and recommend career development plans to the Senior Executive Officer;
• Ensure protection of information assets of IQ-EQ DIFC and to abide by the ISMS in place at IQ-EQ DIFC.

Qualifications

Education / professional qualifications

• A degree from reputable university, preferably in the field of law, finance or financial services or directly related to compliance functions

Background experience

• At least 8-10 years’ experience in the financial services sector and preference given to experience in compliance

Technical

• Experience as DFSA and / or FSRA approved Compliance Officer and Money Laundering Reporting Officer

Additional Information

OUR COMMITMENT TO YOU AND THE ENVIRONMENT

Sustainability is integral to our strategy and operations. Our sustainability depends on us building and maintaining long-term relationships with all our stakeholders – including our employees, clients, and local communities – while also reducing our impact on our natural environment.

There is always more we can, and should do, to improve – whether in relation to our people, our clients, our planet, or our governance. Our ongoing success as a business depends on our sustainability and agility in a changing and challenging global landscape. We’re committed to fostering an inclusive, equitable and diverse culture for our people, led by our Diversity, Equity, and Inclusion steering committee.

Our learning and development programmes and systems (including PowerU and MyCampus) enable us to invest in growing our employees’ careers, while our hybrid working approach supports our employees in achieving balance and flexibility while remaining connected to their colleagues. We want to empower our 5,800+ employees - from 94 nationalities, across 25 countries - to each achieve their potential.

Through IQ-EQ Launchpad we support women managers launching their first fund, in an environment where only 15% of all private equity and venture capital firms are gender balanced.

We’re committed to growing relationships with our clients and supporting them in achieving their objectives. We understand that our clients’ sustainability and success leads to our sustainability and success. We’re emotionally invested in our clients right from the beginning.