Job Title: Compliance & Risk Manager-UAE
Industry: Financial Services
Location: Dubai
Salary: Competitive Salary Package + Benefits
If you report to someone functionally, it means the person is in a more senior role in your business function (for example, marketing, operations, HR or sales), and is therefore responsible for providing you with guidance and general direction on matters pertaining to your business function.
Job Purpose:
The role will develop strategy and departmental governance and compliance & risk for the business.
Responsibilities:
Output
Activities
1. In order to develop and maintain a sound Compliance & Risk framework; a prerequisite for the further growth and development of the Company
2. Business Processes and Controls are reviewed timely in order to ensure maintenance of the appropriate business controls.
3.Recognition and reporting of suspicious activities in line with the prescribed rules of the Financial Intelligence Unit
4.Timely responses to various agencies raising Compliance Inquiries.
So as to complement the direct interventions of the Revenue Assurance Function.
To ensure broad risk mitigation in the business.
To ensure the upholding of the tenets of Anti Money Laundering and
To ensure end to end understanding of the prevailing AML and Compliance issues.
In order to ensure timely reporting to all relevant stakeholders.
In order to ensure accurate and timely reporting.
In order to keep abreast with prevailing AML and Compliance ethos and best practices.
In order to ensure congruence as regards the application of AML rules
In order to ensure seamless on-site and off-site inspections and examinations
In order to ensure the Compliance policy and tone is set at the highest possible level.
Performed in conjunction with Regulatory and Legal Departments.
In order to proactively perceive futuristic Business and Compliance Risks.