Deputy Head of Wholesale Compliance

About This Role

Overview:

Connecting clients to markets – and talent to opportunity.

With 4,500+ employees and over 300,000 commercial, institutional, payments, and retail clients, we operate from more than 70 offices spread across six continents. As a Fortune 100, Nasdaq-listed provider, we connect clients to the global markets – focusing on innovation, human connection, and providing world-class products and services to all types of investors.

Whether you want to forge a career connecting our retail clients to potential trading opportunities, or ingrain yourself in the world of institutional investing, StoneX Group is made up of four business segments that offer endless potential for progression and growth.

Position Purpose:

The appointed Compliance Officer plays a pivotal role within a Dubai Financial Services Authority (DFSA) regulated entity operating in the Dubai International Financial Centre (DIFC). This role encompasses the implementation and management of the control framework, ensuring compliance with applicable legislation in the DIFC relating to R.J. O’Brien (MENA) Capital Limited’s financial services, including DFSA rules, regulations, and international best practices. This professional acts as the organisation’s principal point of contact with the DFSA on compliance-related matters and is responsible for cultivating a robust compliance culture within the firm.

Responsibilities:

Responsibilities include but are not limited to:

• Support the Head of Wholesale Compliance in providing assurance by monitoring key regulatory developments and offering advice and guidance to other units as required
• Play a key role in the implementation of new regulations, participate in firmwide projects
• Design and maintenance of Compliance Department’s policies and procedures
• Analysis and interpretation of relevant laws and regulations, including identifying changes to these that could affect the business
• Producing MI reports for senior management on Compliance activities
• Supervision and development members of Compliance staff
• Perform “deep dive” complex ad hoc monitoring tasks that require technical expertise, e.g. transaction reporting
• Ownership of investigations to resolve ad hoc queries from regulators
• Designing and presenting staff training
• Ethical Standards: Promote the highest standards of integrity and ethical conduct within the firm, upholding the reputation of the business and the DFSA & DIFC.

Qualifications: Qualifications and Experience

• Bachelor’s degree
• Professional compliance certification (e.g., ICA, ACAMS, CISI) is highly desirable.
• Minimum of 5 years’ experience in a compliance role within the financial services sector, ideally within a DFSA regulated entity or similar jurisdiction.
• Experience and strong understanding of futures and options.
• Strong knowledge of the DFSA regulations and rules and the UAE regulations applicable to financial services firms.
• Experience in dealing with regulatory authorities.
• Experience and ability in dealing with senior management.
• Experience in dealing with senior compliance and regulatory staff at the various exchanges and regulatory agencies.

Skills and Competencies

• In-depth Knowledge: Detailed and current understanding of DFSA rulebooks, legislation, and regulatory expectations, including the Regulatory Law and Conduct of Business (COB), rules.
• Attention to Detail: High level of accuracy and attention to detail, particularly when interpreting regulatory requirements and preparing reports.
• Analytical Thinking: Ability to analyse complex regulatory issues, identify risks, and develop practical solutions.
• Communication: Excellent written and verbal communication skills, with the ability to clearly explain compliance matters to all levels of staff and external stakeholders.
• Ethical Judgement: Strong ethical compass and ability to act independently when making compliance decisions.
• Problem-Solving: Proactive approach to problem identification and resolution in a regulatory context.
• Organisational Skills: Ability to manage multiple projects and deadlines, prioritising tasks to meet regulatory timeframes.
• Management Skills: Lead, mentor, and develop a compliance team to ensure high performance, professional growth, and alignment with organisational objectives
• Collaboration: Team player who is able to work effectively with other departments, particularly brokers, risk, legal, and audit functions.

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