Job closed
Ref: NP563-54
Job description / Role
• Takes care of all requests received from the Client Relationship Department and ensure that it is attended within the timeline. Identify compliance issues that require follow-up or investigation, conducts background checks for every new client and review the personal documentation submitted by clients (KYC Documents).
• Conduct regular and yearly background checks for existing clients when necessary and as required by any jurisdictions.
• Review and validation of client company corporate Documents
• Issuing and/or verifying standard contractual agreements between new clients and company.
• Researches, implements, and manages each jurisdiction regulations and laws, policies and procedures, and public interest laws and advise, oversee, and train compliance staffs on these compliance procedures.
• Work closely with the Management in overseeing compliance procedures and advice on risk management.
• Evaluating the efficiency of controls and improve them continuously.
• Revising procedures, reports etc. periodically to identify hidden risks or non-conformity issues.
• Develop and oversee control systems to prevent or deal with violations of legal guidelines and internal policies.
• Draft, modify and implement company policies in relation to UAE AMLand other jurisdictions where the company operates.
• In coordination with the Management, assess the business’s future ventures to identify possible compliance risks
• Reviewing the work of junior compliance officers and help them with the volume of requests.
• Identify compliance issues and provide advice or training to junior compliance officers.
• Developing and overseeing control systems to prevent or deal with violations of legal guidelines and internal policies.
• Keep abreast of regulatory developments within or outside of the company as well as evolving best practices in compliance control.
• Carry out the final file validation before dispatch of client orders or for the transfer to the archives.
• Prepare reports for senior management as appropriate.
• Other duties as assigned and required from time to time.
Reporting to Management, driving daily compliance duties (CDD & EDD) and or legal duties in application of the department’s general policies such as:
• Conducting regular and yearly background checks for existing clients when necessary and as required by any jurisdictions.
• Reviewing and validating various client company documents
• Issuing and/or verifying standard contractual agreements between new clients and SFM.
• Participating to Researches, implements and manages each jurisdiction regulations and laws, policies and procedures, and public interest laws and advise, oversee, and train compliance staffs on these compliance procedures.
• Assisting with evaluating the efficiency of controls and improve them continuously.
• Revising procedures, reports etc. periodically to identify hidden risks or non-conformity issues.
• Keeping abreast of regulatory developments within or outside of the company as well as evolving best practices in compliance control.
• Developing and maintaining of legal documents (declarations, contracts, etc).
Requirements
• Familiar with AML Regulations and an appropriate level o knowledge on the legal and regulatory requirements
• Experience in either Compliance or Legal with demonstrated role in an accountable position
• At least 5 years experience in the same field
• Capacity to handle the unexpected with little supervision
• Ability to adapt standard material to case particulars
About the Company
SFM Corporate Services is specialized in Company Formation and Administration. With offices in Geneva, the Seychelles, Hong Kong and Dubai, SFM is a world’s market leader in the Corporate Services Industry.