Assistant Compliance Officer

Job description / Role

An International bank in the DIFC is now looking for Assistant Compliance Officer to join their expanding team with high future career prospects. The successful candidate will support the Head of Compliance & Legal in ensuring that the bank complies with all relevant external laws and regulation.

Job Description & Responsibilities:
* Researches, implements, and manages the areas of banking regulations and laws, banking policies and procedures, consumer protection, and public interest laws.
* Work closely with the Head of Legal & Compliance in overseeing compliance procedures and advise on risk management.
* Facilitates the fulfillment of all regulatory requirements, coordinates and reports the findings of internal compliance audits and facilitating external audits by regulatory agencies.
* Assess the appropriateness of internal policies, procedures and guidelines, ensure of follow-up of any identified deficiencies, suggest recommendations for amendments, where necessary, and ensure the implementation of corrective measures to mitigate the identified deficiencies.
* Centralize, manage and retain all information on compliance-related issues for example breach of regulation, non-respect of procedures and conflict of interest and report the same to the immediate supervisor or appropriate level of senior management.
* Respond promptly to any request for information made by competent authorities
* Monitor, review and analyse compliance risk, and ensure compliance with all applicable legislation and regulations through effective processes, procedures, systems and controls.

Requirements

* Bachelor’s Degree in Law,finance,accounting,economics etc
* MUST: Minimum 8 years experience on same or similar role. Out of which minimum 3 years UAE experience required.
* Dubai DIFC experience preferred.Off-shore / Free-zone banking experience is preferable
* Familiar with the local requirement of laws / regulation / relevant findings, recommendations, guidance, directives, resolutions, sanctions, notices or other conclusions about Banking.
* Excellent English communication skills
* Understanding of anti-money laundering, on-boarding and sanctions compliance.Prefer CAMS accreditation
* Adaptability in multi-cultural and multi-ethnic working team and environment

MUST:
* Currently based in UAE
* Currently holding a same or similar position

If you meet above requirement please apply online.

About the Company

Since 2010, our team has successfully placed some of the world’s finest graduate to mid and C-level talent in organisations across EMEA and APAC, and it all comes down to our niche approach and understanding of the market place, skill sets and trends.

From our offices in Dubai, Riyadh, London and Singapore, we run a sector specific operation. Meaning we specialise in your industry and are able to completely understand your vision, provide market insights and intelligence, and deliver the best talent to fit seamlessly into your operations.