The Compliance Officer/Deputy MLRO will support and assist the MLRO in all responsibilities and will act during their absence.
Main Duties:
- Assisting the MLRO in researching the firm’s organization and its requirements
- Assisting in the development and monitoring the compliance controls in the firm
- Keep up to date with regulatory developments
- Support the staff in the firm to maintain compliance and assist the governing body in developing the compliance culture of the firm
- Write and present compliance reports when necessary
- Consider and advise on the regulatory implications of new business strategies
- Plan and deliver compliance training alongside the MLRO
- Maintain an effective relationship with relevant external bodies and respond to requests on consultations
- Deal with complaints regarding non-compliance
- Identify, investigate and resolve non-compliant activity within the firm
- Inform regulatory bodies of breaches in rules and regulations
- Assist in developing and monitoring the firm’s compliance with its training and competency programme and training and competency document.
Key Skill Set:
- Risk Assessment
- Conflict Management
- Integrity
- Updated with the constant change in rules etc
Preferred Attributes or Competencies:
- Constant Assertiveness
- Well groomed, professional and personable
- Full understanding of both the company’s structure
- Full understanding of the regulatory requirements
- Always keep a friendly approach to staff member and visitors
Experience and Qualifications:
- 5 years experience in a Compliance Dept within the financial services sector within the GCC.
- Must have AML qualifications
- Team player
- Able to act with a minimum of supervision
- Strong investigational, analytical, ethics and problem-solving skills
- Extraordinary attention to detail