Senior Associate - Compliance and Third-Party Risk Management

Majid Al Futtaim; Dubai; On-site; AED 180,000 - 260,000; Full time

Job summary

Majid Al Futtaim seeks a Senior Associate – Compliance for its Development Business Unit in Dubai, UAE. This role covers corporate compliance, third-party risk management, and regulatory monitoring to strengthen governance and ethics.

You will support the Compliance Manager in developing, implementing, and improving programs, conducting risk assessments, due diligence, and ensuring robust controls within a dynamic real estate environment.

Qualifications

• 2-5 years of experience in Corporate Compliance, Risk Management, Internal Audit, Ethics and Compliance, or Third-Party Risk Management.
• Practical knowledge of Third-Party Risk Management frameworks.
• Experience with due diligence and Enhanced Due Diligence processes.
• Understanding of Anti-Bribery and Corruption requirements.
• Knowledge of AML/CTF, sanctions, and KYC compliance.
• Familiarity with compliance risk assessment and monitoring activities.
• Understanding of policy management and corporate governance controls.
• Knowledge of Governance, Risk and Compliance (GRC) technologies and compliance management systems.

Responsibilities

• Support development and implementation of Corporate Compliance and Business Ethics framework.
• Assist with maintaining and improving compliance controls, policies, and procedures.
• Coordinate ethics disclosures and related disclosures for Conflicts of Interest, Gifts, Hospitality and Entertainment.
• Support Third-Party Risk Management framework implementation and ongoing improvements.
• Conduct due diligence and risk assessments involving suppliers, vendors, and business partners.
• Monitor changes in external laws, regulations, and compliance requirements relevant to operations.
• Perform Know Your Customer (KYC) and Enhanced Due Diligence screening activities.
• Maintain records of due diligence reviews, risk assessments, and remediation actions.

Job description

Senior Associate - Compliance and Third-Party Risk Management Job Snapshot – Role: Senior Associate – Compliance – Location: Dubai, United Arab Emirates – Industry: Real Estate – Function: Risk Management‑Compliance – Experience: 2‑5 years – Job Type: Full Time – Work Arrangement: On‑site Position Overview Majid Al Futtaim is seeking a Senior Associate – Compliance for its Development Business Unit in Dubai, United Arab Emirates. This Emirati Talent opportunity focuses on corporate compliance, business ethics, regulatory monitoring, and third-party risk management. The successful candidate will support the Compliance Manager in developing, implementing, and improving the Corporate Compliance and Third-Party Risk Management (TPRM) programs across the Development Business Unit. The role involves conducting compliance risk assessments, supporting due diligence activities, monitoring regulatory requirements, reviewing ethics disclosures, and coordinating with internal stakeholders to strengthen governance and compliance controls. This position requires 2-5 years of relevant experience in corporate compliance, risk management, internal audit, ethics and compliance, or third-party risk management.

Job Details – Country: United Arab Emirates – City: Dubai – Industry: Real Estate – Function: Risk Management‑Compliance – Salary: Not disclosed – Gender: No Preference – Candidate Nationality: UAE National – Job Type: Full Time – Work Arrangement: On-site

Key Responsibilities

Corporate Compliance and Business Ethics

• Support the development and implementation of the Corporate Compliance and Business Ethics framework.
• Assist with maintaining and improving compliance controls, policies, and procedures.
• Support the implementation of the Code of Conduct and related ethical business standards.
• Coordinate compliance activities relating to Anti-Bribery and Corruption (ABC), Anti-Money Laundering and Counter-Terrorist Financing (AML/CTF), and sanctions.
• Support compliance requirements associated with Conflicts of Interest and Gifts, Hospitality and Entertainment disclosures.
• Assist with the continued development of compliance practices across the Development Business Unit.
• Work with relevant stakeholders to promote consistent application of corporate compliance requirements.

Third-Party Risk Management

• Support the implementation and ongoing improvement of the Third-Party Risk Management framework.
• Conduct due diligence and risk assessments involving suppliers, vendors, and business partners.
• Support Enhanced Due Diligence activities for third parties requiring additional risk evaluation.
• Monitor third-party compliance risks throughout the business relationship lifecycle.
• Identify potential risks involving bribery, corruption, fraud, sanctions, AML/CTF, environmental, social and governance matters, and reputation.
• Coordinate with relevant stakeholders to address identified third-party risk concerns.
• Support remediation activities and ongoing monitoring of third-party compliance obligations.
• Maintain appropriate records of due diligence reviews, risk assessments, and follow-up actions.

Regulatory Compliance Monitoring

• Monitor changes in external laws, regulations, and compliance requirements relevant to business operations.
• Identify potential regulatory compliance gaps and emerging risks.
• Support assessments of the impact of regulatory developments on internal processes.
• Assist with the preparation and monitoring of corrective action plans.
• Coordinate with internal stakeholders to address compliance deficiencies.
• Maintain relevant compliance monitoring records and supporting documentation.
• Support the timely escalation of significant compliance concerns through established processes.

Compliance Risk Assessment and Screening

• Conduct compliance and business ethics risk assessments.
• Support risk evaluations relating to fraud, anti-bribery and corruption, AML/CTF, and sanctions.
• Perform Know Your Customer (KYC) and Enhanced Due Diligence screening activities.
• Identify compliance risks associated with business relationships and operational processes.
• Document assessment findings and support recommendations for risk mitigation.
• Monitor identified risks and follow up on required corrective actions.
• Support consistent application of compliance assessment methodologies and controls.

Policy Management and Governance

• Maintain critical corporate compliance policies and related documentation.
• Coordinate annual policy reviews with relevant business stakeholders.
• Support updates to compliance policies and procedures when required.
• Assess the implementation and effectiveness of compliance policies and associated controls.
• Identify gaps in policy adherence and support appropriate corrective measures.
• Maintain organized records of policy reviews, updates, and approvals.
• Contribute to the continuous improvement of compliance governance practices.

Ethics Hotline and Disclosure Management

• Support Ethics Hotline investigations in accordance with established internal procedures.
• Assist with reviewing employee and third-party Conflicts of Interest disclosures.
• Review Gifts, Hospitality and Entertainment declarations for potential compliance concerns.
• Coordinate relevant information gathering and documentation.
• Identify matters requiring further assessment or escalation.
• Maintain appropriate confidentiality when handling sensitive compliance information.
• Support timely follow-up on investigation findings and disclosure-related actions.

Compliance Performance and Reporting

• Track compliance activities and performance against relevant key performance indicators.
• Support the preparation of compliance dashboards and management reports.
• Use data analysis to identify compliance trends, recurring issues, and areas requiring attention.
• Maintain accurate records of risk assessments, due diligence activities, and remediation progress.
• Provide relevant compliance information to management and business stakeholders.
• Support reporting on the effectiveness and implementation of compliance initiatives.
• Contribute to improvements in compliance monitoring and reporting processes.

Compliance Training and Awareness

• Support compliance training and awareness initiatives across the Development Business Unit.
• Assist with communicating corporate compliance policies and ethical business requirements.
• Coordinate with relevant teams to promote awareness of third-party risks and regulatory obligations.
• Support the preparation and distribution of compliance awareness materials.
• Help stakeholders understand applicable compliance procedures and reporting requirements.
• Encourage consistent adherence to corporate compliance and business ethics standards.

Cross-Functional Stakeholder Coordination

• Collaborate with Legal, Risk, Internal Audit, Procurement, Human Capital, and other Majid Al Futtaim teams.
• Provide compliance-related support to business stakeholders.
• Coordinate information requests, assessments, and follow-up activities.
• Build effective working relationships across organizational levels.
• Communicate compliance requirements and risk findings clearly and professionally.
• Support the resolution of sensitive compliance matters through appropriate internal processes.
• Contribute to a collaborative approach to corporate governance and risk management.

Qualifications and Experience

• 2-5 years of experience in Corporate Compliance, Risk Management, Internal Audit, Ethics and Compliance, or Third-Party Risk Management.
• Practical knowledge of Third-Party Risk Management frameworks.
• Experience with due diligence and Enhanced Due Diligence processes.
• Understanding of Anti-Bribery and Corruption requirements.
• Knowledge of AML/CTF, sanctions, and KYC compliance.
• Familiarity with compliance risk assessment and monitoring activities.
• Understanding of policy management and corporate governance controls.
• Knowledge of Governance, Risk and Compliance (GRC) technologies and compliance management systems.
• Ability to analyze compliance information and support data-driven reporting.
• Strong stakeholder management and relationship-building skills.
• Excellent analytical, communication, and organizational abilities.
• Ability to handle sensitive compliance matters professionally.
• Strong attention to detail and problem-solving skills.
• Ability to communicate with and influence stakeholders across different organizational levels.

Technical Skills and Competencies

Corporate Compliance and Ethics

• Corporate compliance frameworks.
• Business ethics and Code of Conduct.
• Anti-Bribery and Corruption compliance.
• Anti-Money Laundering and Counter-Terrorist Financing.
• Sanctions compliance.
• Fraud risk assessment.
• Conflicts of Interest management.
• Gifts, Hospitality and Entertainment disclosures.
• Ethics Hotline investigation support.

Third-Party Risk Management

• Third-Party Risk Management frameworks.
• Supplier and vendor due diligence.
• Enhanced Due Diligence.
• Know Your Customer screening.
• Third-party risk assessments.
• Third-party lifecycle monitoring.
• Risk remediation and corrective action tracking.
• ESG and reputational risk assessment.

Governance and Compliance Monitoring

• Regulatory compliance monitoring.
• Compliance policy management.
• Annual policy reviews.
• Internal control effectiveness assessment.
• Compliance risk identification and mitigation.
• GRC technologies and compliance management systems.
• Compliance dashboards and KPI monitoring.
• Data analytics and management reporting.

Professional Competencies

• Analytical thinking and sound judgment.
• Strong stakeholder relationship management.
• Effective written and verbal communication.
• Professional handling of confidential and sensitive matters.
• Attention to detail and documentation accuracy.
• Cross-functional collaboration.
• Problem-solving and risk awareness.
• Organizational and prioritization skills.
• Ability to influence stakeholders constructively.
• Commitment to ethical business conduct.

Why Join Majid Al Futtaim

Majid Al Futtaim offers a friendly and collaborative working environment where colleagues contribute to shared business objectives. Employees are