Venture Search are working with a CAT 3A firm in the ADGM to recruit for their growing business across the GCC. This role will sit in the ADGM office and hold the MLRO authorisation with the FSRA.
This role is to ensure the company's adherence to regulatory requirements related to compliance and anti-money laundering (AML) and all compliance-related policies and manuals, as well as overseeing and implementing procedures to prevent and detect money laundering activities within the organization.
Responsibilities:
- Develop policies and procedures for AML Sanctions, compliance, and the governance framework to ensure regulatory compliance and ethical business practices within the company.
- Manage the implementation of a comprehensive compliance and Anti-Money Laundering (AML) monitoring program, including regular assessments and reporting to the Board.
- Provide guidance and conduct training internally on compliance issues and policies.
- Act as an advisor to the Board on all regulatory matters related to regulation and governance to ensure compliance and effective governance practices within the company.
- Manage compliance with all regulatory requirements specific to the UAE ADGM and Lux CSSF jurisdictions, ensuring adherence to local regulatory standards and compliance obligations.
- Conduct due diligence checks on partners, suppliers, and stakeholders as part of the KYC process.
- Cultivate strong relationships with stakeholders including clients, external counsel, and regulatory authorities.
- Attend Board meetings as the Compliance/MLRO (Money Laundering Reporting Officer), providing expertise on compliance matters and reporting on anti-money laundering risks.
Requirements:
- 8-10 years of experience in compliance roles within infrastructure, private equity, and asset/fund management industries.
- Previous experience as an authorized individual for regulatory bodies, the FSRA/FCA.
- Strong understanding of regulations and compliance requirements, particularly FSRA rules and regulations.
- Commitment to upholding the highest ethical standards and integrity in all compliance-related activities.
- Proficiency in developing, implementing, and maintaining compliance policies, procedures, and controls to ensure adherence to regulatory requirements and mitigate compliance risks.
- Excellent command of Arabic and English.
- Self-motivated, with a strong work ethic and maintains a positive attitude.