Head of Compliance / MLRO

About Lorum

Why Lorum

About The Role

Group Chief Legal, Risk and Compliance Officer

Lorum Group

Key Responsibilities

Lorum Group

• governance and control framework, with appropriate alignment to group policies, standards, methodologies and reporting.
• Work closely with the Group Chief Legal, Risk and Compliance Officer to support the implementation of group-wide compliance, risk and governance initiatives within the Dubai entity
• Advise local management and relevant group stakeholders on regulatory obligations, compliance risks, conduct expectations and financial crime matters relevant to the entity
• Serve as the principal point of contact with the regulator on compliance, AML and related supervisory matters
• Maintain and enhance the compliance monitoring plan for the Dubai entity, including risk-based reviews, thematic work, issue identification, remediation tracking and reporting
• Oversee the AML, CTF and sanctions framework, including risk assessments, escalations, suspicious activity considerations, governance, training and periodic review
• Review and challenge customer, transaction, product and business risk matters from a second-line perspective, ensuring that decisions are well documented, risk-based and consistent with both local requirements and group standards
• Ensure that regulatory breaches, control weaknesses and compliance incidents are identified promptly, escalated appropriately and addressed through effective action plans
• Provide compliance and financial crime input into new products, business initiatives, outsourcing arrangements, strategic change projects and jurisdictional expansion relevant to the Dubai entity
• Prepare clear and high-quality reporting for local governance bodies and for relevant group committees and stakeholders
• Support the ongoing development of a strong compliance culture across the Dubai office, including through training, advice, constructive challenge and day-to-day engagement with the business
• Coordinate effectively with legal, risk, operations, internal audit and business teams locally and across the group to ensure joined-up governance and control outcomes
• Support the maintenance of appropriate deputy cover, escalation capability and operational resilience within the local compliance and financial crime framework
• Ideal candidate
• We are looking for a senior compliance professional with strong experience in regulated financial services and a credible track record in compliance and AML leadership roles.

The Ideal Candidate Will Have

• Significant experience in senior compliance and AML roles within a regulated financial services business
• Strong knowledge of regulatory expectations applicable to regulated firms in Dubai, particularly in relation to compliance arrangements, AML, sanctions, governance and regulatory engagement
• Demonstrable experience acting as, or working closely with, a Compliance Officer and/or MLRO in a regulated environment
• Experience operating within a wider group structure and embedding local compliance arrangements into group-wide governance, policy and control frameworks
• The judgement and confidence to engage directly with regulators, senior management and group leadership on complex compliance and financial crime matters
• A practical and commercially balanced approach, with the ability to support business growth while maintaining independence, robust control standards and effective challenge
• Strong drafting, reporting and communication skills, including the ability to translate regulatory requirements into clear and workable business actions
• Experience in designing, implementing or strengthening compliance frameworks, monitoring programmes, governance reporting and remediation plans
• Strong knowledge of AML investigations, sanctions controls, suspicious activity escalation and financial crime governance
• High personal integrity, resilience and the confidence to escalate and challenge when required
• Relevant qualifications in compliance, AML, legal, risk or audit would be advantageous
• Personal attributes

The Successful Candidate Will Be

• Credible, calm and authoritative
• Practical and solutions-oriented
• Comfortable operating across both local and group environments
• Detail-focused, while retaining sound commercial judgement
• Confident dealing with regulators and senior stakeholders
• Independent in judgement and strong in escalation
• Collaborative and capable of building trust across functions and management levels

Benefits

• Opportunity to travel (if applicable)
• Flexible vacation policy
• Private Healthcare
• Share Options
• Flexible working and autonomy
• Pay it forward days - we offer 2 annual pay it forward days where you can take time to volunteer for a charitable cause that is important to you.
• Wellness days - we believe you can only work your best when you feel your best, and we know working at Lorum is intense, so we offer 3 wellness days every quarter where you can take time to re-energise.
• By submitting this application, I agree that my personal data will be collected, processed, and retained by the company solely for the purposes of managing and assessing my candidacy.