Compliance Manager

Job Title: Manager / Senior Manager – Compliance (KSA Clients)

Reports to: Director of Compliance.

Direct Reports: N/A

Location: Dubai (with the expectation to travel as necessary to other operating jurisdictions).

About J. Awan & Partners

At j. awan & partners , we believe in “challenging the status quo every day,” delivering seamless excellence to our customers across the world. We challenge the status quo by making tailor-made solutions to meet the specific requirements of our client’s business interests and delivering our solutions to their needs with effective simplicity. We understand that time is precious and as such our tailor-made solutions are simple to understand, simple to embed and simple to use.

We are a fast-growing international Governance, Risk and Compliance (GRC) Consultancy with our headquarters in the Dubai International Finance Centre (DIFC). We also have our own Technology company creating bespoke innovative RegTech solutions. Our business presence covers multiple jurisdictions with offices in the UAE, KSA, UK & Ireland, Singapore, Pakistan, Porto and Qatar. We provide Regulatory Governance, Risk, Compliance, Finance, Recruitment and Technology services (the “Services”) to a large number of clients including global, regional, and local financial services institutions, governments, and other industry partners. As part of our global expansion plan, we are now looking for an ambitious and agile leader with a strong background in compliance to join our team supporting KSA based clients.

Job Purpose

You will report to the Director of Compliance and be responsible for managing a portfolio of KSA based client mandates and assisting us to build and execute our growth plans. The role requires converting existing company relationships to business in the KSA and wider GCC region and supporting clients with structuring and executing industry leading regulatory compliance and anti-money laundering programs.

Duties and Responsibilities for Compliance Officer & MLRO (CMA)

Regulatory Compliance:

• Act as the primary point of contact with KSA regulatory bodies (CMA) and other relevant authorities.
• Monitor and interpret regulatory changes, ensuring ongoing compliance with KSA rules and CMA regulations.
• Develop, implement, and regularly update internal compliance manuals, policies, procedures, and controls in line with regulatory standards.
• Conduct periodic risk assessments to proactively identify compliance gaps and vulnerabilities.
• Provide accurate and timely compliance reporting to senior management and the CMA.

Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF):

• Serve as the designated MLRO, overseeing the consultancy’s AML/CTF framework.
• Implement robust AML/CTF controls, including client onboarding procedures, customer due diligence (CDD), enhanced due diligence (EDD), and ongoing monitoring.
• Investigate suspicious transactions and activities, submitting timely Suspicious Activity Reports (SARs) to the relevant authorities.
• Maintain thorough records of AML/CTF checks, compliance investigations, and SAR filings as per regulatory requirements.

Training and Awareness:

• Develop and deliver regular compliance and AML/CTF training sessions for staff and management.
• Promote a strong culture of compliance and risk awareness within the consultancy.
• Provide guidance and support to colleagues on regulatory matters, AML/CTF obligations, and ethical conduct.

Audit and Monitoring:

• Coordinate internal and external audits to ensure compliance with regulatory requirements and internal policies.
• Conduct regular compliance reviews and spot checks to validate adherence to established compliance procedures and controls.
• Identify weaknesses in internal controls and procedures, recommending effective remedial actions.

Advisory and Client Engagement:

• Provide regulatory compliance advice and strategic consultancy services to clients, assisting them in navigating CMA regulatory requirements.
• Ensure compliance services offered to clients meet the highest regulatory standards and expectations.
• Review and assess client documentation and compliance programs to provide actionable insights and enhancements.

Documentation and Reporting:

• Maintain comprehensive documentation of compliance activities, policies, assessments, and reporting to ensure audit-readiness at all times.
• Prepare accurate and timely regulatory filings and reports to CMA and other competent authorities.

Leadership and Communication:

• Act as an influential member of the senior management team, effectively communicating compliance risks, obligations, and strategic initiatives.
• Foster strong relationships with internal stakeholders, external advisors, auditors, regulators, and clients, representing the consultancy with professionalism and integrity.

Continuous Improvement:

• Stay abreast of industry developments, regulatory updates, and best practices in compliance and AML/CTF.
• Continuously refine and enhance compliance and AML systems, processes, and training programs to ensure excellence and innovation.

Skills and Experience

j. awan & partners seek a dynamic leader who is looking to take their career to the next level within a forward-thinking company with significant growth aspirations. A goal orientated, high achieving, motivational individual with a zest for life are the essential attributes for this role. At j. awan & partners we believe in providing an environment where you can fully express your unique talents and we deliver unparallel learning and development opportunities for those who share our vision.

Experience (essential to any successful application)

• Significant demonstrable understanding & experience in dealing with regulatory authorities within the KSA and wider MENA region.
• At least 6 years’ overall industry experience with 4 years of direct compliance experience within the financial services industry.
• Direct experience in creating and implementing regulatory compliance programs within a successful financial services organization.

Skills

• A highly capable individual who is able to overcome challenges and adapt to new ways of working to deliver results.
• Proven ability in building partnerships, collaborating, and influencing clients, team members and regulators.
• Outstanding analytical skills.
• Exceptional oral and written communication skills, including the ability to effectively interact at all levels within the firm and with clients and regulators.
• Highly motivated self-starter with demonstrable ability to work independently and problem solve.
• Demonstrable organizational and time management skills.
• Significant will and ability to work well in a fast-paced environment.
• Languages: English and Arabic essential.

Qualifications

• Minimum bachelor’s degree from a leading university with concentration preferably in law, finance, accounting, or economics.
• Candidates with CAMS, CISI or ICA certifications are highly desired.
• CME1, CME2 qualification preferred.

Compensation & Benefits

• Competitive salary and benefits package.
• Discretionary performance-based bonus.
• Comprehensive medical insurance cover.
• End of Service benefits in line with operating jurisdiction requirements.