Compliance Officer

  • MultiBank Group
  • Dubai, UAE
  • 13/10/2021
Full time Compliance Legal

Job Description

Job Scope



  • You will look after the overall operation of the business including internal and external compliance, AML, corporate governance and risk activities
  • Develop and establish AML & CTF framework, compliance policies and procedures and update in line with global regulatory requirements.
  • Oversee the compliance monitoring within the business;
  • Providing oversight management for the business and external clients in order to identify, monitor and manage regulatory risks;
  • Look after licensing procedures of the company with regulators all over the world for digital assets activities.
  • Complying with applicable regulatory requirements, laws and international best practice.
  • Establishing systems and controls to obtain/make appropriate use of resolutions/sanctions which require compliance.
  • Manage the function of transaction monitoring, sanction, PEP screening and transactional AML & CTF risk management. Ensure proper reporting to the local regulatory bodies wherever required.
  • Conduct enhanced due diligence (EDD) reviews on customers and AML investigations as appropriate.
  • Ensure proper documentation of compliance related reports including suspicious activity report (SAR) and regulatory report.
  • Managing banking relationships and ongoing DD requirements
  • Ensure process improvement, new product, system development is in line with local and global regulatory framework and company’s AML procedures.
  • Maintain good relationship with the operating countries local regulators.
  • Preparing reports for the Regulator as required as well as monthly reports for the Directors and quarterly Board reports
  • Assisting in the oversight, filing and completion of any regulatory applications as required;
  • Compliance meeting minuting
  • Develop and implement a compliance program to ensure the organization operates in accordance with state and federal laws
  • Determine compliance metrics and establish a system for tracking them
  • Remain up to date on federal and state laws related to the organization and update policies accordingly
  • Perform compliance audits to determine whether establish protocols are being followed and where they can be improved
  • Resolve employee concerns about legal compliance.
  • Advise management on the company’s compliance with laws and regulations through detailed reports.
  • Ensure AML awareness and training are being delivered to all employees.
  • Prior experience being first point of contact for Regulators
  • Broad Regulatory knowledge spanning across multiple Regulators and Regulatory environments