Compliance Manager

Job Description

<strong>About the job</strong><p><br></p><p><span>Responsible to oversee, plan, implement and monitor the Delma Exchange compliance program and Anti Financial Crime Framework in order to improve overall performance of the company. The Head of Compliance must also encourage business conduct by and for the company based on responsibility and ethical behavior.</span></p><p><br></p><p><strong>Education</strong></p><p><br></p><p><span>Post Graduate degree in Finance, Economics or Law.</span></p><p><span>Certified Anti-Money Laundering Specialist (CAMS) certification.</span></p><p><br></p><p><strong>Experience</strong></p><p><br></p><p><span>Minimum 7-10 years of experience in compliance, regulatory or legal capacity, ideally within the financial industry.</span></p><p><br></p><p><strong>Technical Competences</strong></p><p><br></p><ul><li><span>Knowledge of AML Laws and Regulation / FATF Recommendations of Central Bank of UAE.</span></li><li><span>Strong analytical skill to understand the complexities of procedures and regulation.</span></li><li><span>Investigative and decision making skills.</span></li><li><span>Excellent communication skills.</span></li><li><span>Strong ethics and a high level of personal and professional integrity.</span></li><li><span>Ability to work independently and also to liaise with other departments.</span></li></ul><p><br></p><p><strong>Major Responsibilities</strong></p><p><br></p><ul><li><span>Ensure that a robust and independent compliance function is established and maintained</span></li><li><span>Design an appropriate Regulatory compliance program to remain compliant with applicable Laws, Regulations, Notices, the Standards and international best practice at all times</span></li><li><span>Establish and maintain appropriate Anti Financial Crime policies, procedures, processes and controls</span></li><li><span>Act as the key contact point regarding all Anti Financial Crime related matters/ queries from the Central Bank and any other competent authorities</span></li><li><span>Cooperate with and provide the FIU with all information it requires for fulfilling their obligations</span></li><li><span>Develop and execute Anti Financial Crime training programs considering all relevant risks of ML/FT and financing illicit organizations including the ways/means for addressing them</span></li><li><span>Provide necessary reports to the Compliance Committee and Board of Directors on all AML/CFT issues on regular basis</span></li><li><span>Supervise the process of conducting regular gap analysis between the company’s existing AML/CFT Procedures and current Laws, Regulations, Notices and the Standards of the UAE to determine the extent of the company’s level of compliance.</span></li><li><span>Propose actions required to address gaps, if any</span></li><li><span>Review and submit any periodic reports required by CB</span></li><li><span>Prepare Bi‐Annual Compliance Reports in accordance UAE CB regulations</span></li></ul><p><br></p>