Our Client is a Category 3A Company in Global Equities, Derivatives, Commodities, Currency Futures Trading, Forex, CFD, Forwards, Fixed Income, Unit Trusts, OTC Products etc.(with a headcount of 1000+ globallyspanning over 15+ countries) is looking forward to hiring a Compliance Officer & MLRO.
Job Description:
Duties of the Compliance Officer:
Initiate, develop, maintain, and revise policies and procedures of the complianceframework and its related activities to prevent illegal, unethical, or improperconduct.
Oversee the day-to-day implementation and operation of the compliance framework.
Identify and assess the compliance risk associated with the Companys current and proposedfuture business activities, including new products, new business relationshipsand any extension of operations or network on an international level.
Collaborate with the management and other departments (e.g., Risk Management, Internal Audit, Legal, etc.) to direct compliance issues to the appropriate channels for investigationand resolution.
Establish written guidelines to staff and service providers on the appropriateimplementation of the laws, regulation, rules and standards through policiesand procedures.
Identify and keep an inventory available to all staff of essential laws and regulationpertinent to the Company and provide advice with regards to legislation.
Assess the appropriateness of internal policies, procedures and guidelines by performingregular and comprehensive compliance risk assessment, monitoring and testingreport the result on a regular basis and promptly were deemed necessary toexecutive management and, if necessary, the Board of Directors.
Establish and/or supervise appropriate compliance checks and controls.
Complete, check, verify clients due diligence and complete sanction screening at client on-boarding.
Provide guidance to the business on permissible activities, new products, and programs.
Address any compliance audit remediation activities.
Liaise with DFSA on compliance matters.
Centralize all information on compliance-relates issues (breach of regulation, conflict of interest etc.).
Respond to alleged violations of rules, regulations, and policies, procedures by evaluating orrecommending the initiation of investigative procedures.
Develop and oversee a system for uniform handling of such violations exercise any specific legal responsibilities such as reporting suspicions transactions related to moneylaundering and the fight against terrorism financing.
Generate reports on a quarterly basis to keep the Board and senior management informed of the operation and progress of compliance efforts.
Maintain an effective compliance communication program for the organization, including promoting understandingof new and existing compliance issues and related policies and procedures.
Promote compliance culture within the Company.
Duties of the MLRO:
The day-to-day operations for compliance with the Companys AML policies, procedures, systems and controls, including assistance with the preparation of client take on document, KYC and AML reports.
Acting as a point of contact to receive Internal Suspicious Activity Reports (Internal SAR) from the employees of the Company.
Taking appropriate action following the receipt of an Internal SAR.
Making External Suspicious Activity Reports (SAR) to the Anti-Money LaunderingSuspicious Cases Unit (AMLSCU) of the UAE and informing the DFSA of their submission.
Acting as a point of contact within the Company for competent UAE authorities and the DFSA regarding any money laundering issues.
Responding promptly to any request for information made by competent UAE authorities or the DFSA.
Receiving and acting upon any relevant findings, recommendations, guidance, directives, resolutions, sanctions, notices or other conclusions.
Establishing and maintaining an appropriate AML training program and adequate awareness arrangements.
Requirements:
Minimum8 years of experience in Financial Market as Compliance Officer / MLRO.
Age between 30-45 is preferable.
First preference would be given to the people with brokerage experience. As they will understand the business module better.
Candidate must be well versed with DFSA Regulations.
Job Details
Employment Types:
Full time
ملحوظة هامة:
وظايف نت ليست شركة توظيف وانما موقع للاعلان عن الوظائف الخالية المتاحة يوميا فى أغلب الشركات بالشرق الاوسط
,فنرجو توخى الحذر خاصة عند دفع اى مبالغ او فيزا او اى عمولات. والموقع غير مسؤول عن اى تعاملات تحدث من خلال الوظائف المعلنة.
