Compliance Officer Jobs in UAE - 3401261

Job Description

Acting as the incumbent compliance officer MLRO for SFM regarding UAE activities including transactions with RAK ICC, in particular

- Draft, modify and implement company policies in relation to UAE AML

- Reviewing and maintaining local due diligence policies and client files

- Identify compliance issues that require follow-up or investigation, conducts background checks for every new client and review the personal documentation submitted by clients (KYC Documents)

- Performing backup in the absence of the head of the department

- Reviewing the work of junior compliance officers when necessary to identify compliance issues and provide advice or compliance training

- Developing and overseeing control systems to prevent or deal with violations of legal guidelines and internal policies

- Preparing such reports regarding complianceAML matters as necessary for the management

Reporting to the head of the compliance department, driving daily compliance duties (CDD & EDD) and or legal duties in application of the departments general policies such as

- Conducting regular and yearly background checks for existing clients when necessary and as required by any jurisdictions

- Reviewing and validating various client company documents

- Issuing andor verifying standard contractual agreements between new clients and SFM

- Participating to Researches, implements and manages each jurisdiction regulations and laws, policies and procedures, and public interest laws and advise, oversee, and train compliance staffs on these compliance procedures

- Assisting with evaluating the efficiency of controls and improve them continuously

- Revising procedures, reports etc periodically to identify hidden risks or non-conformity issues

- Develop and oversee control systems to prevent or deal with violations of legal guidelines and internal policies

- Keeping abreast of regulatory developments within or outside of the company as well as evolving best practices in compliance control

- Developing and maintaining of legal documents (declarations, contracts, etc)


REQUIREMENTS

- Familiar with RAK ICC procedures, preferably as updated in 2019

- Experience in either Compliance or Legal with demonstrated role in an accountable position

- Capacity to handle the unexpected with little supervision

- Ability to adapt standard material to case particulars

- Command of an additional European language besides English