Manager - Regulatory Compliance

IQ-EQ; Dubai; On-site; AED 120,000 - 180,000; Full time

Job summary

An established industry player is seeking a Manager for Client Compliance Services to lead compliance efforts for client companies. This role involves designing AML/CFT frameworks, acting as a Compliance Officer, and supervising a dedicated team. With a focus on regulatory compliance, the position offers a chance to make a significant impact in the financial services sector. The company promotes a diverse and inclusive environment, emphasizing continuous learning and professional development. If you're passionate about compliance and looking for a role that fosters growth, this opportunity is perfect for you.

Qualifications

• 8-10 years of experience in financial services, preferably in compliance.
• Experience as DFSA/FSRA approved Compliance Officer and MLRO.

Responsibilities

• Design and implement AML/CFT frameworks for clients.
• Act as MLRO/Compliance Officer and attend board meetings.
• Supervise Client Compliance Unit team and conduct staff appraisals.

Skills

Compliance Management

AML/CFT Framework Design

Regulatory Liaison

Risk Assessment

Training and Development

Education

Degree in Law, Finance, or Compliance

Job description

Responsibilities:

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 IQEQ 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 coach them.

Tasks:

• Contribute in designing and implementing the AML/CFT framework for specific clients;
• Act as MLRO/Compliance Officer for IQEQ DIFC's client companies;
• Attend board meetings to present MLRO/Compliance reports for IQEQ DIFC's client companies on at least an annual basis; receive, analyze, and report Suspicious Transaction Reports as appropriate;
• Perform client file review or special investigations as required;
• Liaise with DFSA, FSRA, and other regulatory bodies to assist clients in procuring regulatory approvals and 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 practices of client companies as appropriate;
• Analyze 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 and assess the Client Compliance Unit team's work and assignments, 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 IQEQ DIFC and abide by the ISMS in place at IQEQ DIFC.

Qualifications:

Education / Professional Qualifications:

• A degree from a 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 of experience in the financial services sector, with preference given to experience in compliance.

Technical:

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

Additional Information:

At IQEQ, we want you to reach your full potential. We offer an inclusive and diverse environment to support your career aspirations, with a strong emphasis on continuous learning and a holistic approach to your professional and personal development. We also offer opportunities across our service lines and our international network of offices.

Remote Work:

No

Employment Type:

Full-time