Job description / Role
The primary responsibility of the CCO is to ensure the ADGM regulations are fully abided by the company and employees.
The objective of the CCO is to promote the compliance and set industry standards, by establishing effective supervision and control of the company activities and make sure that it complies with applicable laws and regulations. The CCO will be responsible for the design of the compliance program in order to identify situations in which legal or other violations of ADGM legislation are prevented.
• In charge of the liaison of FSRA including all related communication and coordination, and keep abreast of the financial supervision policies and dynamics in a timely manner
• Responsible for applying for financial business license of FSRA and prepare the relevant declaration materials; Contact and urge relevant intermediaries or advisory bodies to participate in the preparation and verification of the aforementioned declarations;
• Ensure the company and its staff demonstrate the compliance by adopting prudent supervisory systems, internal controls and management of the risks associated with its business in accordance with prudent business practices
• Review and update the policies and procedures manual, ideally to keep the manual as a living document which is updated as needed
• Review and update all contracts and forms, for the compliance and effectiveness, such as the KYC forms for clients
• Review and get approval of new client accounts –make sure the KYC information is complete and the recommendations are suitable for the client's investment circumstances and/or meet the client's investment objectives
• Ensure point-of-sale and other disclosures, such as for conflicts of interest and leverage, are updated and provided to all clients
• Ensure adequate suitable monitoring of assets in client accounts
• Handle and respond promptly to the violations of the company's policies and procedures and thorough investigation of the activities to determine the scope of the wrongdoing, and document any violation and its outcome
• Daily trade review for errors, proper settlement, unusual trading activity and compliance with clients' investment mandates
• Staff training: to keep employees aware of changes to the company's operations, changes to ADGM legislation and compliance procedures
• Outline the permissible conduct for employees, such as what trading activities are not acceptable
• Remind appropriate personnel of key procedures and controls
• Monitor the company's marketing activities, such as electronic and print advertising and the sales practices of the company's representatives
• Review, respond, and investigate the client complaints within a reasonable period
• Over 5 years of working experience in a similar role, relevant experience in companies of exchange and/or custody business is preferred
• Excellent communication skills and experience with the regulatory authority of financial services
• Bachelor degree and above in Finance or Law related
• Sound knowledge of Fintech compliance and law issues
• Strong learning willingness and skills
• Good command of English
About the Company
Founded in 2015, Digital Finance Group (DFG) specializes in cryptocurrency, digital assets, and blockchain technology. DFG manages a range of investments, including a hedge fund for trading cryptocurrencies and digital assets across exchanges and geographies; and a venture capital fund with equity investments in blockchain companies in the U.S., Europe, and Asia. DFG operates an OTC exchange, a futures exchange, and several businesses that provide blockchain solutions for custody and payments.
We have a proven track record of success in trading and in growing early stage companies. We have performed in volatile markets. We have developed specialized expertise, market access, and knowledge. DFG is uniquely positioned to grow during the next phase of market development, to foster viable applications of the technology, and to deliver exceptional results.