Compliance Manager

Bachelor of Business Administration (Management)

Nationality: Any Nationality

Vacancy: 1 Vacancy

Job Description

Role Overview:

The Compliance Officer & MLRO at Alpari (Comoros) Ltd will be responsible for ensuring compliance with the regulatory requirements of the Comoros regulators, along with international financial crime prevention obligations. This includes overseeing the company’s AML (Anti-Money Laundering) and CFT (Counter Financing of Terrorism) policies, as well as ensuring compliance with all applicable regulations for the company’s trading and financial services operations. This role requires an individual who can operate independently, manage regulatory reporting, and maintain relationships with the relevant regulatory authorities, all while providing strategic compliance advice to senior management.

Key Responsibilities:

• Regulatory Compliance Oversight:
  • Ensure that Alpari complies with all relevant Comoros regulations, including rules for retail trading, financial markets, and investment activities.
  • Act as the primary liaison for regulatory inquiries and communication with the Comoros regulator and other relevant authorities.
  • Provide regular guidance to senior management on the regulatory requirements affecting the business, ensuring compliance with Comoros financial regulations and international standards.
• Money Laundering Prevention & Financial Crime Risk (MLRO Role):
  • Lead the AML/CFT program and ensure the company complies with international best practices for financial crime prevention.
  • Oversee the transaction monitoring framework, identifying suspicious transactions and escalating reports as required, in accordance with Comoros and global regulations.
  • Ensure the preparation of Suspicious Activity Reports (SARs) and cooperate with law enforcement authorities when necessary to investigate potential financial crimes.
  • Review and update AML and CFT policies and procedures to ensure they remain effective and compliant with local and international regulatory standards.
• Compliance Program Development & Implementation:
  • Develop, implement, and maintain compliance policies tailored to Alpari’s business operations in Comoros and abroad.
  • Perform regular risk assessments to identify compliance gaps and ensure effective remediation strategies are put in place.
  • Conduct compliance monitoring, including audits and ongoing internal reviews, to ensure adherence to regulatory requirements and internal procedures.
• Regulatory Reporting & Liaison with CFSA:
  • Manage the preparation and submission of all regulatory filings and reports to CFSA, ensuring that all submissions are compliant with local and international deadlines and standards.
  • Serve as the primary point of contact for CFSA, providing timely and accurate responses to regulatory inquiries, audits, and examinations.
  • Keep track of regulatory developments and ensure compliance with the Comoros licensing and reporting requirements.
• Training & Awareness:
  • Design and deliver training programs for staff on AML/CFT, financial crime prevention, and regulatory compliance relevant to Alpari (Comoros) Ltd and the jurisdictions in which it operates.
  • Foster a culture of compliance throughout the organization by raising awareness of regulatory obligations and ethical conduct.
• Internal Collaboration & Reporting:
  • Work closely with legal, risk, and operations teams to identify compliance risks and develop practical solutions for mitigating those risks.
  • Provide regular updates to senior management on key compliance risks, emerging regulatory issues, and necessary corrective actions.
• International Compliance Contributions:
  • Support cross-border compliance initiatives, ensuring that compliance standards are aligned and consistent across different business units, including international trading operations.
  • Contribute to the development of global compliance policies and procedures to support Alpari’s global expansion efforts.

Skills & Competencies:

• Strong communication skills, with the ability to clearly explain complex regulatory matters to senior management, regulators, and stakeholders.
• Independent and proactive approach to compliance, with the ability to take ownership of the compliance function.
• Good eye for risk and ability to identify and escalate problems in a timely manner.
• Ability to think bigger picture and work across multiple lines of business and jurisdiction to solve problems holistically and commercially, and not in a silo.
• Strong analytical skills, with an eye for detail in identifying risks and mitigating potential compliance issues.
• Ability to manage multiple compliance projects and priorities simultaneously in a fast-paced environment.
• Strong leadership abilities, with experience mentoring and developing junior staff.
• High level of integrity and professionalism, with a commitment to ethical conduct in all aspects of business and compliance.
• Familiarity with offshore compliance and financial services operations is an advantage.

Qualifications & Experience:

• 5-7 years of experience in compliance or operations roles within financial services, retail trading, or investment businesses.
• Experience in AML/CFT and financial crime prevention, onboarding/KYC practices and monitoring processes.
• Strong understanding of international compliance standards, including those for financial markets and retail trading.
• Knowledge of global regulatory standards such as FATF and OECD requirements for financial crime prevention and compliance.
• Willingness to undertake certifications in AML (e.g., ACAMS, ICA, or equivalent) are required.
• Degree in finance, law, economics, or related fields, or relevant qualifications are a plus.
• Fluency in English is required; Farsi and/or Russian language skills are highly desirable, especially given the company’s international client base.

Company Industry:

• Banking
• Broking

Department / Functional Area:

• Finance
• Treasury

Keywords:

• Compliance Manager