Compliance Officer

Daman Investments are currently recruiting for a seasoned Compliance Officer to join their team in Dubai.

Overview

The Compliance Officer assists the organisation manage risks and avoid liability by ensuring business operations are performed in compliance with all laws and regulations. This job develops company policies, creating metrics to help track compliance and performs compliance audits. Furthermore, the job role conducts enforcement services to ensure adherence to set improvement and internal company policies, regulations, and procedures in line with the law and regulations.

Key Duties & Responsibilities

• Create compliance policies and protocols on behalf of the organisation.
• Determine compliance metrics and establish a system for tracking them.
• Sign off on any marketing and advertising collateral to ensure it is compliance.
• Remain up to date on all regulations and laws related to the organisation and update policies accordingly.
• Perform compliance audits to determine whether establish protocols are being followed and where they can be improved.
• Maintain up to date written documentation and policies related to the organisation's business activities.
• Create compliance resource library for staff members to reference when they have questions.
• Create sound internal controls and monitor adherence to them.
• Draft and revise company policies.
• Evaluate business activities to assess compliance risk.
• Collaborate with external auditors and other stakeholders when needed.
• Set plans to manage a crisis or compliance violation.
• Educate and train employees on regulations and industry practices.
• Address employee concerns or questions on legal compliance.
• Keep abreast of internal standards and business goals.
• Monitor all operational processes or procedures using a compliance management system to ensure that the company adheres to all legal regulations and ethical standards.
• Manage the way information flows by researching, recording, and assessing data and information and conducting compliance risk assessment.
• Train and educate other employees so that they are updated on any legal change to compliance guidelines.
• Resolve the company’s concerns about legal compliance.
• Participate in seminars conferences, and workshops to improve job knowledge.
• Perform various general administrative duties such as file creation and maintenance of ongoing administrative projects.
• Collaborate with other departments to create a culture of compliance.
• Uphold company values throughout business practices and use sound judgment in decision making.
• Any other additional duties as may be required by management based on needs of the business.

Position Requirements

• A minimum of 5+ years in related field.
• Full and practical knowledge of the regulations and policies of the UAE Securities and Communities (SCA is fundamental).
• Authority and the UAE related laws.
• Proven experience in risk management or compliance roles.
• Proven knowledge of industry best practices and cross-border transactions.
• Experience and published research with fixed income, equity, and currency markets.

Educational Qualifications

• Relevant bachelor’s degree in related field.

Attributes

• Knowledge of legal requirements and controls.
• Investigating and analysing data skills.
• Expert in credit risk strategies.
• Able to integrate new data resources.
• Risk management capability.
• Familiarity with industry practices and professional standards.
• Excellent communication skills.
• Integrity and professional ethics.
• Business acumen.
• Teamwork skills.
• Mindfulness