Department:          Legal, Risk & Compliance

Role:                          Compliance Specialist

Location(s):             Dubai, United Arab Emirates

Remote:                   No

Time:                         Full-time or Contract

Description:

• Compliance
  • Participate in ad-hoc remediation or business specific projects which may include examinations and/or external audits.
  • Perform due diligence or enhanced due diligence on users.
  • Identify, measure risks, and effectively monitor the business unit control environment.
  • Develop, maintain, and enhance BSA/AML and OFAC sanctions compliance program and ensure that it is consistent with industry standards, and meets regulatory expectations. 
  • Perform risk assessments of fiduciary risks, and monitor the risk management process.
  • Keep up to date on changing law and regulations impacting business operations.
  • Provide ongoing guidance to the business unit in complying with fiduciary regulations and reporting.
  • Collaborate with internal teams for the change requirements and implementation from both a systemic/tech change perspective as well as from a process change perspective.
  • Be proactive in taking appropriate and swift action in amending existing policies, procedures, practices, training, and other controls in response to changing regulatory requirements and regulatory expectations.
  • Collaborate as appropriate to periodically test BSA and sanctions-related systems to ensure that they are operating effectively.
  • Ensure any required regulatory reporting is submitted in a timely manner.
• Admin
  • Document management.

Skills & Experience

• Understanding of new fintech technologies including blockchain
• Adaptability to an ever-changing environment
• Plus if previous experience working with digital assets

Required

• 3+ years of experience in a compliance or risk management position.
• Knowledge of BSA, AML and KYC policies and procedures.
• Attention to detail, strong judgment, ethics and decision making skills.
• Bachelor’s degree or an advanced degree or certification or relevant experience in the field.
• Comprehensive knowledge of financial services regulations; and retail/ institutional level products.
• Proficient in Microsoft Office.
• Fantastic English communication skills, both verbal and written