Senior Compliance, AML & Risk Lead — Dubai

XM; Dubai; On-site; AED 420,000 - 620,000; Full time

Benefits offered by this job

Private health insurance

Intellectually stimulating work

International training opportunities

Attractive remuneration package

Job summary

XM in Dubai is seeking an experienced Compliance, AML and Risk Officer to build a robust compliance and risk framework and provide independent oversight to the Board and senior management. The role requires establishing the management system, monitoring VARA requirements, and leading risk assessments across the organization.

You will train leadership and staff on AML/CFT obligations, collaborate with Legal and Technology, and ensure documentation and reporting to regulators when required.

Qualifications

• Degree in Law, Business, Finance, Economics or related field.
• At least 5 years of compliance experience with AML/CFT.
• Experience in financial services or online trading.
• Experience with VARA or comparable regime preferred.
• CAMS or equivalent qualification is advantageous.
• Excellent organisational skills and attention to detail.
• Excellent written and verbal English.
• Ability to build processes in a fast-growing business.

Responsibilities

• Establish and administer the Compliance Management System, including AML/CFT and risk policies, procedures, controls and monitoring.
• Monitor VARA compliance, AML/CFT, consumer protection and other requirements, identify risks and breaches and take corrective action.
• Conduct AML/CFT and broader business risk assessments and strengthen controls.
• Monitor and report suspicious transactions as required.
• Prepare consolidated reports for the Board on compliance, audits and risk.
• Maintain records and provide documentation to VARA and authorities on request.
• Support business continuity and disaster recovery arrangements.
• Train and advise the Board and senior management on compliance and risk obligations.
• Collaborate with Legal, Licensing, Operations, Technology and other stakeholders.

Skills

Regulatory compliance

AML/CFT

Risk management

English proficiency

MS Office

Education

Degree in Law/Business/Finance/Economics

CAMS certification (advantage)

Job description

XM in Dubai is seeking an experienced Compliance, AML and Risk Officer to build a robust compliance and risk framework and provide independent oversight to the Board and senior management. The role requires establishing the management system, monitoring VARA requirements, and leading risk assessments across the organization.

You will train leadership and staff on AML/CFT obligations, collaborate with Legal and Technology, and ensure documentation and reporting to regulators when required.