Compliance Manager (SCA Credited)

MHMarkets

Dubai

AED 200,000 - 300,000

Job description

Ensure compliance with applicable laws, regulations, and standards across all jurisdictions where the company operates. Refining the compliance processes and procedures in each of the Group’s regulated companies. Working on reforming the Group’s structure, corporate governance, and establishing agreements and business relationships between the Group’s companies.
Develop and implement comprehensive compliance policies and procedures tailored to the specific requirements of each jurisdiction. Studying and continuously meeting with consultancy companies regarding obtaining new licenses from DFSA, ADGM & Vara, in addition to researching each jurisdiction’s regulations, policies, and categories.
Identify compliance risks and business continuity risks, and develop strategies to mitigate them effectively. Work with the Risk team to handle malicious clients and suspicious traders. Handle breaches of the code of conduct, such as staff illegal trading activities and hiring fake IBs.
Keep up with regulatory requirements regarding reporting, annual returns, semiannual AML/CFT risk assessments, and audited financial statements. Ensure reporting obligations are met in each jurisdiction.
Conduct training sessions to educate staff on compliance requirements and promote a culture of compliance throughout the organization. Hire management companies, lawyers, and local directors for the Group's licensed companies abroad.
Establish monitoring mechanisms to continuously evaluate compliance performance and conduct regular audits to ensure adherence to policies and procedures.
Foster a strong culture of compliance by promoting ethical behavior and integrity at all levels of the organization. Oversee marketing activities from the compliance point of view, ensuring the marketing materials and all companies' websites are compliant.
Manage relationships with third-party agents and secretary companies to ensure compliance with contractual obligations and regulatory requirements. Coordinate and liaise with our company's agents and secretary companies across various jurisdictions including Mauritius, Vanuatu, Saint Vincent and the Grenadines, Australia, and Canada. Additionally, draft contracts and agreements for our sister companies in Malaysia, Vietnam, Taiwan, China, and UAE.
Stay abreast of changes in global compliance standards and incorporate best practices into the company's compliance framework.
Lead and build the compliance department, drafting manuals and policies, and training staff for accreditation. Develop, implement, and maintain the Group’s compliance framework, ensuring adherence to global financial regulatory requirements and upholding the integrity of our operations.