Job Description

Full job description

As a Head of Compliance / MLRO in Dubai, you will assume a critical role in ensuring the organization's adherence to anti-money laundering (AML) laws, regulations, and internal policies stated by SCA & the Dubai Financial Services Authority(DFSA). This position involves developing, and implementing a robust AML compliance program, conducting risk assessments, and serving as the primary point of contact with the DFSA.

Key Responsibilities

- Extensive expertise in the financial services sector, encompassing wholesale, retail, private banking, and investments.

- Proven track record of successful business management and leadership of high-performance audit, compliance, and risk teams.

- Minimum 5 years of international experience in Compliance, Anti-Money Laundering (AML), and audits.

- Registered with the Dubai Financial Services Authority (DFSA) and SCA.

- Familiarity with regulatory frameworks across various jurisdictions including SCA.

- Strong interpersonal skills with a focus on relationship management, negotiation, and team collaboration.

- Proven ability to advise on business lines, conduct employee trainings, and ensure adherence to Conduct of Business regulations, Financial Crime Compliance & Sanctions, and Regulatory Compliance.

- Experience in liaising with internal and external stakeholders to facilitate business expansion and manage license variations.

- Proficient in developing and implementing Policies, Procedures, Systems & Controls aligned with updated regulations and best practices.

- Expertise in monitoring compliance across business conduct, client onboarding, and transactions.

- Ability to identify risks, implement mitigation strategies, and ensure Marketing Compliance.

- Experience in reporting to the Board and participating in various committees related to compliance and risk management.

Qualifications:

Educational Background:

• Bachelor's degree in Business, Finance, Law, or a related field.
• Additional certifications in AML and compliance, such as Certified Anti-Money Laundering Specialist (CAMS), are highly desirable.

Professional Experience:

• 5 years of experience in a compliance role with a focus on AML, preferably in a DIFC/SCA-regulated entity.
• Familiarity with AML laws and regulations applicable in International & UAE Law/ SCA.

Skills:

• In-depth knowledge of AML laws, regulations, and best practices.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Detail-oriented with the ability to manage complex AML compliance issues.

Licensure:

• Relevant certifications and memberships in professional compliance associations are strongly encouraged.

Job Type: Full-time

Ability to commute/relocate:

• Dubai: Reliably commute or planning to relocate before starting work (Required)

Experience:

• SCA/UAE/DIFC- 5+ Years

License/Certification:

• Certified Anti-Money Laundering Specialist (CAMS) (Preferred)

Location:

• Dubai (Required)

Job Type: Full-time

Pay: From AED15,000.00 per month

Education:

• Master's (Preferred)

Language:

• English (Required)

License/Certification:

• AML/Compliance Certification (Preferred)

Location:

• Al Quoz (Preferred)