Compliance Manager

Job description / Role

Venture Search - Governance, Risk, & Compliance - Abu Dhabi

Our client, a financial institution based within the ADGM in Abu Dhabi, is looking for an experienced compliance officer to join their team. Candidates should have previous experience as the authorized individual for either a DFSA or FSRA regulated firm, category 3 or above.

Governance, Risk and Compliance Advisory Business:
• Assist Clients to set up their regulatory license within the ADGM or Onshore, obtaining the necessary Regulatory Financial Services permissions;
• Oversee the establishment of our Client’s business in the form of a Regulatory Compliance perspective and create a Compliance culture;
• Offer outsourced MLRO and Compliance Services to clients;
• Provide advice and guidance to the client on Compliance and risk-related issues;
• Conduct Compliance and Risk reviews/audits for Clients against the regulatory requirements;
• Foster good relationships with all relevant regulators;
• Assist Clients to implement relevant local Compliance and risk policies and procedures to mitigate the risk of regulatory rule breaches;
• Help Clients conduct monitoring and surveillance through a risk-based monitoring program;
• Provision of Compliance, Risk and Governance training to relevant clients;
• Business Development:
• To assume responsibility and control for the day-to-day functioning of the ECS AGDM and Onshore business growth.
• Support the development and implementation of a strategic plan for the business
• Develop and drive new business development activity
• Build extensive partnerships with key stakeholders
• To add value to the business to ensure that business operating costs are minimized inline with budgetary parameters and that appropriate regulatory needs are adhered to
• Managing a Team of Risk, Governance, and Compliance Officers:
• Hire and manage a team to provide advice and guidance to clients on related issues;
• Lead, guide, direct and develop, and evaluate the work of direct reports
• Ensure that the Company’s core values are understood and the team works as a high performing team with high levels of personal accountability
• Manage employee performance by establishing clear goals and expectations, tracking progress against goals, ensuring timely feedback and addressing performance problems and issues promptly
• Train staff where required and assist them in managing workload/time management when needed.

Requirements

The candidate:
Skills and Experience Required:
• At least 10 years of Regulatory Compliance / MLRO experience
• Experience working for the DFSA, FSRA, PRA, or another established regulator would be beneficial
• Previous management experience
• Ability to grow a business
• Ability to build meaningful relationships with all stakeholders

About the Company

Venture Search is an international banking & financial services search firm, combining technology and human skill to enhance all aspects of the hiring process.

By combining advanced search technology and a market-leading team, we are able to attract the most talented candidates in the banking and financial services sector.

Here at Venture Search, we are passionate about building world-class teams and delivering long-term recruitment solutions. Venture’s focus spans multiple facets of the global Financial Services industry, including Banking, Non-Banking Financial Institutions, Buyside, Fintechs, and Advisory firms.