Senior Compliance Officer

EFG Holding; Dubai; On-site; AED 180,000 - 240,000; Full time

Job summary

EFG Holding in Dubai seeks an experienced Compliance Monitoring professional to oversee trading activities and ensure adherence to local and international regulations, AML and sanctions programs, and the firm’s policies. The role involves reviewing client KYC/AML documentation, monitoring orders, and reporting to stakeholders.

You will develop and maintain policies, identify compliance risks, respond to regulatory inquiries, and support staff with training.

Qualifications

• Minimum 5 years’ experience in Compliance and AML in a financial institution.
• Knowledge of industry standards and regulations.
• Excellent analytical and critical thinking skills.
• Excellent communication skills; written, verbal and listening.
• Able to build partnerships and work well in teams.
• Detail oriented; deliverables are high quality.
• Able to work under pressure and meet deadlines.
• Self-motivated and maintains a positive attitude.

Responsibilities

• Monitor trading activities to ensure adherence to local and international rules and EFG policies.
• Review KYC/AML documents for new clients and activate accounts in the brokerage system.
• Monitor trading orders for compliance with market rules and review breaches.
• Conduct AML checks including sanctions and adverse media screening for customers and employees.
• Assist in developing and maintaining policies and procedures based on regulatory requirements.
• Identify compliance vulnerabilities and develop corrective action plans.
• Provide reports to relevant parties as part of the Compliance Monitoring Program.
• Handle client complaints and escalate as needed.
• Respond to regulatory inquiries and liaise with regulators.
• Keep abreast of new regulations and communicate to staff.
• Ensure employees comply with staff trading policy and other group policies.

Skills

Compliance

AML

Analytics

MS Office

Communication

Teamwork

Problem Solving

Detail-Oriented

Pressure Handling

Prioritization

Tools

Microsoft Office Suite

Job description

Monitor the trading activities of the firm and its employees to ensure adherence to the relevant local and international rules and regulations, AML and Sanctions programs and EFG Polices (PEP Policy, Sanctions Policy, AML Group and Segment Policy, Staff Dealing Policy, etc.).

Responsibilities:

• Ensure the implementation of an effective Compliance Monitoring programme, Compliance manual, AML and Sanctions programs, systems and controls in compliance with applicable regulations.
• Review KYC/AML documents for new clients and activate accounts on the brokerage system. Ensure that their documentation is complete.
• Monitor all trading orders to ensure that they are taken according to the market rules and review errors and breaches.
• Conduct AML checks including but not limited to initial and ongoing sanctions and adverse media screening against the relevant sanctions lists (local and international) for all customers and employees. Monitor customers’ transactional behaviour to ensure early detection of suspicious or unusual activity.
• Assist in developing and maintaining all relevant policies and procedures based upon regulatory requirements, industry practices and established internal controls.
• Assist in identifying potential areas of compliance vulnerability and risk, and developing and implementing corrective action plans for resolution of problematic issues.
• Provide reports to relevant parties on a regular basis in conjunction with the Compliance Monitoring Program.
• Handle clients’ complaints and elevate to higher levels, if needed, for further action.
• Respond to all regulatory inquiries and act as the firm’s liaison with regulators.
• Keep abreast of new regulations and communicate them to employees.
• Ensure all employees comply with the firm’s staff trading policy and other polices released by the Group and/or the Brokerage division.

Job requirements:

• A minimum of 5 years’ experience in Compliance and AML in a financial institution.
• Knowledge of the industry’s standards and regulations.
• Excellent analytical and critical thinking skills.
• Good Microsoft Office skills (Word, Excel and Power point).
• Excellent communication skills (written, verbal and listening).
• Able to build partnerships and work well in teams.
• Can identify problems and refer/escalate complex issues to a higher level.
• Detail oriented; ensure deliverables are always of a high quality.
• Able to work under pressure.
• Multi-tasker, with the ability to meet changing deadlines, and to prioritize and handle multiple projects.
• Self-motivated and maintains a positive attitude.