VP Compliance Officer

Robert Walters

UAE

Ref: NP316-303

Job description / Role

Employment: Full Time

Our client a prestigious employer in Abu Dhabi is looking to strengthen its Compliance function with an additional VP Compliance Officer. The VP Compliance Officer will need to be based in the UAE and have worked within an AM firm or Wealth Management team. Any candidates from a Banking background please also get in contact.

The VP Compliance Officer will establish and implement the compliance framework for Wealth Management (WM) and Global Markets (GM)

* Develop and embed the appropriate compliance culture within WM and GM
* Provide expert and timely advice to the WM and GM teams in Head Office and across multiple jurisdictions (where applicable), and support the development of new products and services
* Development of appropriate processes, policies, procedures and associated standard documentation which are designed to mitigate compliance risk
* Develop, implement and oversee an appropriate risk based compliance monitoring plan with a consistent and standardised approach across WM and GM
* Act as the Emirates Securities and Commodities Authority (ESCA) MLRO and be responsible for implementing the AML compliance programme including client on-boarding, enhanced CDD/KYC and on-going monitoring, ensuring a consistent approach across WM and GM
* Complaint handling in accordance with internal procedures, ensuring a timely investigation and response to complainants, whilst identifying any re-occurring themes and actioning subsequent remedial actions, where appropriate
* Support the development and, where applicable the delivery of regulatory training and awareness
* Keep abreast of developments and any changes in the nature and extent of regulations and the business' activities to identify and manage the regulatory risk
* Liaison with the regulatory authorities as and when required

Requirements

* The VP Compliance will have worked in compliance for at least 4-6 years.
* A detailed understanding of the investment products and services associated with WM and GM financial services providers
* An understanding of the regulatory universe in which the company operates, including ESCA and UAE Central Bank Rules and Regulations
* An understanding of the principles of compliance with AML/CTF, anti-bribery and corruption and international sanctions programmes
* An understanding of the products, services and activities of WM and GM
* An ability to communicate with the business at all levels in an articulate and confident manner.

About the Company

Robert Walters is one of the world's largest specialist professional recruitment consultancies with 53 offices spanning 24 countries.

We've helped thousands of professionals find permanent, contract and interim roles with leading global corporations, small to medium sized companies and innovative start ups. Our specialist recruitment focus includes: accountancy and finance, banking, engineering, operations, legal, IT, sales, marketing, procurement & logistics, HR and support/administration.

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Estimation Engineer salaries in Oman

Average monthly compensation
OMR 500

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