Head of Compliance (Co-KW-C23)

Key Responsibilities
*
Lead the implementation and maintenance of the Compliance and Risk assessment
framework for the Kuwait office.
* Design and delivery of risk and compliance frameworks.
* Assist in the deployment and operation of the Groups Compliance program including but not exclusively regulatory change, risk, and compliance assessments.
* Act as the designated point of contact with local regulatory bodies.
* Facilitate, participate and consult in the execution of the Second Line of Defence assurance and monitoring programs.
* Provide advice, guidance, and training to staff across the business.
* Preparation and delivery of Compliance reports. Monitoring developments on local legal/regulatory websites for potential regulatory compliance obligations/issues.
* Assist in ad hoc projects as and when required.
* Establish and maintain a constructive and open dialogue with any other appropriate authorities and to ensure that any regulatory reports or inquiries are handled appropriately and promptly.
* Prepare the appropriate reports for the Group board, demonstrating the effectiveness of the risk management and regulatory compliance framework.
* Ensure that the compliance team activities and outcomes deliver agreed objectives in accordance with the company and regulatory procedures.
* Ensure that senior management is kept fully informed of all regulatory matters and also that any such developments are included within the compliance and risk framework.
* Provide guidance and advice on regulatory matters across the business.
* Oversee the review and development of existing products and services.
* Work across the company business lines engaging with a degree of pragmatic collaboration to find compliant solutions to business problems.
* Develop and maintain effective relationships with various stakeholders across the business.
* Other duties, as assigned based on the demands of the business and growth of the role.
Background & Experience
* ‎10+ years Compliance experience working within a similar Payment Services firm.
* Strong knowledge of relevant regulations.
* Degree educated, ideally within Law, Business or Finance.
* Essential this individual has excellent communication skills both written & verbal, English & Arabic
* Extensive compliance experience with a heavy attention for detail, strong business and personal ethics, high integrity and trustworthiness.
* Experience as a Money Laundering Reporting Officer for a regulated entity.

Tap is a rapidly growing payment services business, expanding internationally
at an extraordinary pace. We are hiring exceptional talent to work with high-
performing global teams with one common goal: Making payments easy, quick and
secure for our clients all around the world.

Are you ready?