Compliance Manager

Job Summary

Compliance Manager

Key Responsibilities

• 1. **Regulatory Compliance:**
• Monitor compliance with regulations and other applicable laws, ensuring the organization meets all regulatory requirements.
• Proactively track and interpret regulatory updates, advising management on necessary changes or actions.
• Prepare and submit accurate and timely regulatory reports and filings.
• 1. **Policies and Procedures:**
• Draft, update, and enforce compliance policies and procedures tailored to the company's operations.
• Conduct gap analyses to identify deficiencies and recommend enhancements.
• Ensure clear documentation of compliance processes to support audits and regulatory inspections.
• 1. **Monitoring and Audits:**
• Conduct detailed compliance reviews and risk assessments to identify vulnerabilities and inefficiencies.
• Collaborate with internal and external auditors to address compliance-related findings.
• Develop a robust compliance monitoring program, including testing and reviews of internal controls.
• 1. **Risk Management:**
• Oversee the AML/CFT framework, including KYC processes, transaction monitoring, and STR submissions.
• Lead the high-risk client onboarding process, ensuring complete KYC activities and proper documentation.
• Implement tools and strategies to detect and mitigate compliance risks in real-time.
• Provide recommendations to improve risk assessment methodologies and workflows.
• 1. **Process Automation and Optimization:**
• Identify opportunities to automate compliance workflows, including KYC, reporting, and risk assessments.
• Implement compliance technology solutions to enhance process efficiency and accuracy.
• Optimize reporting mechanisms to ensure timely and effective data delivery to internal and external stakeholders.
• 1. **Workflow Optimization:**
• Design and implement process improvements to reduce redundancy and enhance the effectiveness of compliance functions.
• Foster cross-department collaboration to streamline compliance-related tasks.
• Develop dashboards and reporting tools to provide real-time compliance insights to senior management.
• 1. **Reporting:**
• Prepare comprehensive compliance reports for senior management and the Board of Directors, highlighting key risks and areas for improvement.
• Monitor and analyze compliance metrics to track progress and effectiveness.

Qualifications

• Mandatory: Bachelor’s degree in Finance, Law, Business Administration, or a related field.
• Desirable: Professional certifications (e.g., CAMS, ICA, or equivalent) are highly preferred.
• Minimum of 7 years of experience in compliance within the financial services industry.
• Competencies or Skills:
• 1.
• High level analytical skills.
• 2.
• In-depth knowledge of SCA and ADGM regulations and UAE markets (ADX, DFM, Nasdaq Dubai).
• 3.
• Good analytical, judgmental, and interpretative skills.
• 4.
• Excellent communication skills, fluent in Arabic and English.
• If you meet above requirements, then please send your CV (which should include your nationality and current location) to recruitment@alramz.ae
• Considering the high volumes of applications we receive, only shortlisted candidates for interviews will be contacted.