Risk & Compliance Associate

Planet payment; Dubai; Hybrid; AED 40,000 - 60,000; Full time

Job summary

A leading company in the financial services sector is looking for a Compliance Associate to join their team in Dubai. The successful candidate will be tasked with conducting risk assessments, managing compliance checks, and performing fraud investigations as part of a robust risk management framework. Ideal candidates will possess a Bachelor's degree and have a proactive approach to ensuring compliance with regulations in the fast-paced financial landscape.

Qualifications

• 1-3 years’ experience in risk, compliance, governance or audit functions.
• Familiar with commercial financial products/services.
• Written and spoken fluency in English.

Responsibilities

• Perform risk assessments and compliance checks.
• Conduct risk-based investigations within agreed SLAs.
• Support the development of a Risk Management Framework.

Skills

Analytical skills

Strategic Thinking

Effective communication

Education

Bachelor's degree

Tools

Microsoft Word

Microsoft Excel

Job description

Planet is seeking an energetic, enthusiastic and detail-oriented team player to join the Head of Risk, Compliance & Governance in the Middle East, based in Dubai UAE.

What you will do

You will perform assessments of all processes through a risk based approach, to ensure compliance with regulation and to ensure fraud and credit risk are acceptable to the business;

Conduct risk-based investigations and fraud monitoring reviews within agreed SLAs

Manage risk related ad-hoc activities and recommend SMART actions are taken on each activity in a timely manner;

Support the development and implementation of a Risk Management Framework within the business and play a key role in the identification and management of risk issues on behalf of the UAE business;

Perform assessments of the IT risk related aspects of the business;

Conduct reviews of processes to check compliance with regulatory requirements;

Assist in completing regulatory requirements and reporting under the guidance of the Head of Risk, Compliance & Governance

Report regularly to the Head of Risk, Compliance & Governance on the status of fraud investigations and the development of the UAE business’ fraud risk profile;

Liaise and work closely with team in Information Technology, Merchant Account Services, Finance, Customer Happiness Centre and Operations as required and as appropriate;

Do their part to ensure that all activities comply with relevant legislation and regulation

Who you are

Bachelor's degree or equivalent education required as minimum. Knowledge of commercial financial products / services;

Appropriate level of knowledge and experience of best practice fraud risk management and governance frameworks and methodologies;

1-3 years’ experience in risk, compliance, governanceor audit functions;

Understanding of banking / financial services industry. Basic understanding of payments products, services, and operations (or equivalent in other financial services organizations)

Familiar with Microsoft applications, including Word, Excel or other database applications.

Strong analytical skills. Strategic Thinking and Planning. Adaptive to fast-paced work environment.

Effective communicator. Written and spoken fluency in English required. Arabic is an added advantage.

At Planet, we embrace a hybrid work model, with three days a week in the office.

Reasonable accommodations may be made in order to allow for an individual to perform the essential functions of this role successfully.

Compliance Associate • Dubai Tax Free , UAE