Compliance Officer (uae Retail Payment Services)

Dubai, United Arab Emirates

Job Description

xf0x9fx93x8d Location: Dubai, UAE
xf0x9fx95x92 Employment Type: Full-time
xf0x9fx92xb0 Compensation: Competitive base salaryRole OverviewWe are seeking a diligent and detail-oriented professional to join our team as a Compliance Officer for UAE Retail Payment Services. If you have a keen interest in regulatory frameworks, a commitment to upholding compliance standards, and the ability to navigate the complexities of retail payment services, we are eager to hear from you.Key Responsibilities
  • Serve as the primary liaison with the Central Bank of the UAE (CBUAE) and other local regulators
  • Ensure compliance with Category II Retail Payment Service license requirements, policies, and procedures
  • Prepare and submit regulatory reports accurately and within deadlines
  • Conduct regulatory gap analyses, AML risk assessments, and sanctions risk evaluations
  • Develop and implement compliance policies in alignment with UAE regulatory frameworks
  • Support the creation and execution of a risk management framework tailored to UAE operations
  • Oversee customer due diligence (CDD/EDD) processes to ensure regulatory compliance
  • Implement and manage transaction monitoring systems, reporting suspicious activity to the UAE Financial Intelligence Unit (FIU)
  • Assess new products and services for compliance with UAE AML and regulatory requirements
  • Conduct due diligence on local partners, banks, and third-party providers
  • Collaborate with global compliance teams to ensure regulatory alignment across operations
  • Provide compliance training to directors, officers, and employees on policies and regulatory updates
Qualifications and Skills
  • Bachelors degree in technology, data, law, finance, or a related field
  • Masters degree or compliance certification (preferred)
  • 7+ years of experience managing compliance programs in UAE financial institutions (payment services, fintech, or banking)
  • Expertise in UAE laws and regulations governing payment services
  • Proven success in managing CBUAE compliance requirements, particularly for Category I/II payment licenses
  • Experience in compliance across other MENA countries (a plus)
  • Native Arabic speaker with fluency in English
  • Strong knowledge of cross-border payment products
  • Exceptional analytical skills with a proactive approach to risk mitigation
Benefits and Development Opportunities
  • Continuous professional development and training
  • Mentorship and leadership development programs
  • Opportunity to work with a growing FinTech company
Application Process for Compliance EnthusiastsIf you are ready to make a significant impact on our compliance framework and contribute to a culture of integrity and accountability, we welcome your application. Submit your resume detailing your relevant experience and passion for enhancing compliance in retail payment services.Our Commitment to Diversity and InclusionWe are committed to creating an inclusive work environment that reflects the diversity of the communities we serve. We encourage applications from individuals of all genders, ethnicities, abilities, and backgrounds to foster innovation and excellence in our compliance team.Bringing a personalized approach to connecting exceptional talent with unique opportunities. Specializing in recruitment for diverse roles, leveraging extensive experience and innovative strategies to find the perfect match for any business needs. Collaboration builds a stronger, more successful future one strategic hire at a time.

Salve.Inno Consulting

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Job Detail

  • Job Id
    JD1837617
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Dubai, United Arab Emirates
  • Education
    Not mentioned