Compliance Officer

Our client, a international organisation, are looking to hire a compliance
officer, based in Dubai.
Purpose of the Role
The Compliance Officer is responsible for ensuring our client operates within
the law and meets current regulatory requirements by creating and upholding
compliance procedures and policies which reflect best practice for the regions
in which they operate.
Responsibilities & Accountabilities
General compliance
* Assist Legal Counsel to coordinate and drive effective compliance and regulatory strategy & frameworks across the group.
* Assist Legal Counsel to
* create, implement and monitor the companies global and local compliance policies and SOP;
* investigate and report compliance incidents to identify root causes and implement appropriate mitigation plans;
* perform on-going review of the key compliance risks and indicators;
* perform regular gap analysis to identify inconsistencies in procedures across brands; and
* perform periodic audits to ensure policy requirements are adhered to across the group's businesses and address any audit observations/points.
* Stay current with changes to regulatory and compliance landscape.
* Ensure proper functioning of day-to-day controls, periodic monitoring activities and timely resolution of compliance issues.
* Act as first point of contact for compliance concerns, breach reports and confidential reporting.
* Assist Legal Counsel and Group Head of Human Resources to create, implement and manage staff training across the group on compliance procedures and reporting.
* Manage, train, coach team members and conduct performance evaluation of subordinates.
Data protection and regulatory compliance
* Act as DPO for group entities where possible and assist local DPOs as necessary.
* Monitors compliance with data protection policies and legislation.
AML/ABC/CTF/Sanctions/Modern Slavery and Human Rights/HSSE
* Assist General Counsel to:
* review and if necessary, update the existing group policies and keep the corresponding public statements to up to date; and
* to implement adequate monitoring controls to meet compliance requirements across the group's offices.
General Banking compliance
* Bank account opening, applications and related KYC processes.
* Annual Bank KYC refresh.
* Bank account closures.
General client KYC
* New client on-boarding including new client KYC procedures.
* Ongoing client KYC refresh.
* Maintenance of client files and archiving closed client/matter files.
* On-boarding of the group entities as a new client with banks and other third parties and attending to annual KYC refresh in accordance with those third party policies.
* Use of World Check.
Required Competencies, Qualifications and Experience
* Degree qualified
* ‎3 years plus experience in a similar role
* Experience with Data Protection/AML/ABC/CTF/Sanctions/Modern Slavery and Human Rights/HSSE policies
* Excellent communication and interpersonal skills
* Well organised, able to work strict deadlines
* Attention to detail
* Hands on attitude and sense of urgency
* Able to act and operate independently and as part of a team
* Demonstrates good understanding of risk, risk awareness and risk reporting
* Ideally based in Dubai currently