Compliance Associate

Abu Dhabi, United Arab Emirates

Job Description

The Apex Group was established in Bermuda in 2003 and is now one of the worldxe2x80x99s largest fund administration and middle office solutions providers.Our business is unique in its ability to reach globally, service locally and provide cross-jurisdictional services. With our clients at the heart of everything we do, our hard-working team has successfully delivered on an unprecedented growth and transformation journey, and we are now represented by over circa 13,000 employees across 112 offices worldwide.Your career with us should reflect your energy and passion.Thatxe2x80x99s why, at Apex Group, we will do more than simply xe2x80x98empowerxe2x80x99 you. We will work to supercharge your unique skills and experience.Take the lead and wexe2x80x99ll give you the support you need to be at the top of your game. And we offer you the freedom to be a positive disrupter and turn big ideas into bold, industry-changing realities.For our business, for clients, and for youTitle: Compliance AssociateThe Role: Compliance Officer/MLRO for a foreign branch and deputy for Apexxe2x80x99s CSPs in the UAE.COMPLIANCE OFFICER/DEPUTYA pivotal role in maintaining the firmxe2x80x99s adherence to DFSA and ADGM laws and regulations.
  • Responsibility as the internal Compliance/MLRO for an unregulated foreign branch providing middle office services
  • Support the internal Compliance/MLRO Officers of Apexxe2x80x99s CSPs in the UAE, managing and implementing the Compliance Control Framework
  • Provide guidance and assistance where relevant on compliance related matters
  • Review client onboardings including KYC, CDD and risk assessments
  • Support with regulatory communications
  • Prepare documentation for regulatory filings and assist with timely submissions
  • Maintain the firmxe2x80x99s records and registers as required under applicable rules and regulations, including, without limitation, registers in relation to breaches, complaints, suspicious transactions, conflicts of interest, training, etc.
  • Regularly update compliance checklists and reports to track adherence to internal and external policies.
  • Maintain compliance dashboards and generate comprehensive Management Information reports, including financial crime-related data for senior leadership
  • Conduct testing and monitoring of the Compliance Monitoring Programme activities
  • Ensure that the firmxe2x80x99s Compliance Manual and related documents are kept up-to-date
  • Oversee staff awareness and training on compliance matters
  • Support ad-hoc compliance-related projects that may be assigned from time to time
  • Promote a positive compliance culture through engagement with staff through engagement and awareness
MONEY LAUNDERING REPORTING OFFICER/DEPUTYThe role of the Deputy Money Laundering Reporting Officer will include the following responsibilities and tasks:
  • Oversight and maintenance of relevant systems, controls and policies in relation to anti-money laundering laws applicable to the firm
  • Provide relevant Financial Crime Prevention training to the employees of the firm
  • Support with regulatory reporting, filings and thematic reviews
  • Act as point of contact for internal and external suspicious activity/transaction reports and returns
  • Supporting any Regulatory related remediation as required
  • Review and updating the firmxe2x80x99s Financial Crime Prevention Policy as required
  • Perform requisite AML related risk assessments and due diligence checks
  • Receive and support any relevant findings, recommendations, guidance, directives, resolutions, sanctions, or notices from the Authorities.
Disclaimer: Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct souring model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.

Apex Group

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Job Detail

  • Job Id
    JD1829762
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Abu Dhabi, United Arab Emirates
  • Education
    Not mentioned