GRS Recruitment is excited to partner with a leading global brokerage firm renowned for offering a wide range of financial services to both retail and institutional clients. Known for their cutting-edge trading platforms, competitive spreads, and strong commitment to transparency and customer education, this growing brand is searching for a knowledgeable Compliance Officer to join their Dubai office. The successful candidate will be responsible for following up the performance of the company along with its employees, and the extent of their compliance with the applicable legislations in the state of UAE, the bylaws and the evidence of the work of the licensed body. If sounds like the challenge you have been looking for a reach out to GRS Recruitment for more information
MAIN DUTIES AND RESPONSIBILITIES
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Ensure Regulatory Compliance: Ensure the organization operates in accordance with all relevant financial and anti-money laundering (AML) regulations in the UAE, specifically under the Securities and Commodities Authority (SCA).
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Advise the business on potential compliance and regulatory issues, particularly regarding significant changes. Identify, create awareness of, and plan appropriate responses to regulatory, compliance, and risk management issues, including those related to the Money Laundering Reporting Officer (MLRO) role.
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Maintain a pragmatic and commercial approach to business while ensuring adherence to personal and corporate regulatory and legal obligations.
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Advise on customer and supplier onboarding in accordance with regulatory and legal requirements.
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Ensure accurate and complete records of all files and documents related to Financial Intelligence Units (FIU) and Suspicious Activity Reports (SARs).
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Apply and monitor compliance requirements through a structured compliance monitoring program, ensuring obligations are met.
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Oversee the day-to-day implementation of local Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) requirements, providing advice and guidance as needed.
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Promptly report suspicious transactions and activities, including SARs, in accordance with federal AML legislation.
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Monitor and interpret AML-related legal and regulatory developments, advising senior management accordingly, and ensuring necessary standards are reflected in policies, processes, and controls.
Ensure the maintenance of relevant AML/CTF procedures and processes, providing employee training as required.
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Act as the primary contact within the business for UAE authorities, particularly the SCA, regarding AML reporting, compliance, and related issues. Respond promptly to requests for information from the SCA or other relevant authorities.
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Offer timely and accurate advice on MLRO matters to the board and employees.
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Oversee communications with customers and review marketing materials to ensure compliance.
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Draft and implement an annual compliance plan that addresses key objectives for mitigating compliance risks.
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Prepare quarterly compliance reports for the board of directors and submit semi-annual reports to relevant authorities on the effectiveness of internal controls, in line with SCA-approved procedures.
CANDIDATE PROFILE
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Educated to Bachelor’s degree level in Finance/Economics /Business Administration, or a related field.
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Extensive experience in capital markets with licensed entities.
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License of passing CISI (SCA) exams (Required)
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Excellent time management and organizational skills
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Strong team player, willing to contribute actively within the business
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Excellent Communication and presentation skills
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Strong business acumen with problem solving skills
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Ability to work well under pressure and make decisions/find solutions in a fast-paced environment
Due to the high volume of applications, we receive at GRS Recruitment, only shortlisted candidates will be responded to.
To apply for this position, please email your CV to
Hayley Buckle, hayley@grsrecruitment.com quoting the above job reference or call +357 25 342 720 for further information.
