Senior Compliance Officer

Title: Senior Compliance Officer

Salary: Up to 33-35K AED

Location: Dubai

The Compliance Officer role offers a unique and exciting opportunity to influence regulatory adherence in a rapidly evolving industry. In this position, you will lead compliance initiatives by developing and implementing frameworks that align with local and international regulations, ensuring the company operates within legal boundaries while fostering innovation. You will have the chance to influence industry standards by collaborating with regulatory bodies and industry groups, helping to shape the future of compliance in the cryptocurrency sector. Additionally, you will engage with cutting-edge technology in a dynamic environment, allowing for continuous learning and adaptation. This role is crucial for driving organizational integrity and promoting a culture of compliance and ethical conduct, ensuring that all employees understand their responsibilities in upholding regulatory standards.

What You’ll Be Doing

• Contributing to designing, implementing, and maintaining internal compliance manuals, policies, procedures, and systems for combating money laundering and terrorism financing.
• Supporting the MLRO in ensuring my client complies with its regulatory and legal responsibilities, including VARA Guidance and industry best practice
• Supporting the ongoing monitoring and resolution of AML/CFT related cases
• Assisting in responding to legal and regulatory requests
• Liaising with law enforcement agencies and other external partners
• Providing advice and guidance on AML/CFT related matters where appropriate
• Preparing for independent AML/CTF and/or Compliance testing.
• Engaging cross-functionally (with groups such as Data, Engineering, Finance, Legal, Product, and Risk) to implement an effective compliance management program in line with UAE standards and industry best practices.
• Deputising for the MLRO as required ensuring that any internal suspicious activity reports or other referrals are quickly assessed, documented and where appropriate reported to the relevant authorities
• Overseeing compliance reviews and investigations.
• Supporting the MLRO in preparing Compliance reports, including reports to management and the Board, and other materials as required by internal stakeholders.

What We Look For In You

• Bachelor’s degree in finance, law, business administration, or a related field; a master’s degree or relevant certifications (e.g., CAMS, CCEP) is preferred.
• Proven experience in compliance management, including previous experience as an MLRO/ Deputy MLRO, preferably within the cryptocurrency, fintech, or financial services industries.
• Proven experience in dealing with regulators and auditors on AML audit and/or investigations.
• Strong knowledge of AML, CTF, and data protection regulations, with a demonstrated ability to raise SARs to FIUs effectively.
• Excellent analytical skills, with the capacity to interpret complex regulations and apply them effectively within the organization.
• Exceptional communication and interpersonal skills, with the ability to engage and influence stakeholders at all levels.
• Strong project management and remediation experience.
• Detail-oriented and proactive, with strong problem-solving and risk management skills.
• Knowledge of and enthusiasm for the crypto-industry, as well as the relevant risks;