Director - Compliance

Bachelor of Business Administration(Management)

Nationality: Any Nationality

Vacancy: 1 Vacancy

Job Description

Space42 is a UAE-based AI-powered SpaceTech company that integrates satellite communications, geospatial analytics, and artificial intelligence capabilities to enlighten the Earth from space. Established in 2024 following the successful merger between Bayanat and Yahsat, Space42's global reach allows it to address the rapidly evolving needs of its customers in governments, enterprises, and communities.

Our vision is to pioneer beyond today for humanity to experience a better tomorrow. Space42 challenges traditional approaches with advanced AI and cutting-edge satellite technology, making space more accessible and redefining how data from space can be used on Earth.

ROLE PURPOSE

As the Director of Compliance, you will play a pivotal role in overseeing Space42's overall compliance framework and establishing a robust compliance culture across the organization. Reporting to the Vice President Governance, Risk & Compliance, you will provide strategic direction for compliance initiatives and act as a key liaison between the company and regulatory bodies, ensuring transparency, accountability, and a proactive approach to risk management.

Responsibilities

• Lead and manage the design, implementation, and maintenance of a comprehensive compliance program that aligns with company objectives and regulatory requirements, including policies, procedures, and controls.
• Keep abreast of relevant laws, regulations, and industry best practices, advising the executive team on compliance issues, changes in legislation, and their implications for the company.
• Oversee all aspects of export controls and sanctions compliance, ensuring adherence to export controls regulations, advising on licensing and documentation, and implementing necessary controls and training.
• Lead regular compliance risk assessments to identify vulnerabilities and develop action plans to address potential compliance breaches and mitigate risk exposure.
• Manage the development and delivery of training programs to ensure employees understand compliance requirements and maintain awareness of regulatory obligations.
• Oversee internal compliance audits, evaluating adherence to policies and regulations, and providing reports & recommendations for improvement to senior management.
• Conduct investigations into compliance breaches or potential violations, coordinating with legal counsel and regulatory authorities as required. Propose corrective actions as necessary.
• Prepare regular compliance reports for senior management and the board, detailing compliance performance, emerging risks, and the status of compliance initiatives.
• Build and maintain relationships with regulatory bodies, industry associations, and external stakeholders to promote compliance best practices and foster an open dialogue regarding regulatory changes.
• Manage the engagement of external consultants and advisors.
• Lead and manage the implementation of technology to improve compliance processes.
• Stay updated on industry trends and changes in compliance guidelines, focusing on continuous improvement of compliance processes.
• Actively promote a culture of compliance and ethical behavior throughout the organization, encouraging robust discussions around compliance-related matters.

Qualifications

• Bachelor's degree in Law or a related field.
• Master's degree or relevant professional certification (e.g., ICA, CCEP, CAMS).
• Minimum of 10 years of experience in a compliance role, with at least 5 years in a leadership position within a highly regulated organization.
• Extensive experience and knowledge of UAE corporate regulations, including those governing the ADX, ADGM, and SCA, and a strong understanding of trade compliance/export controls.
• Proven experience working in a listed entity and familiarity with public company compliance requirements.
• Demonstrated ability to navigate complex legal landscapes, manage risks, and influence stakeholders effectively.
• Strong analytical skills and the ability to translate complex regulatory requirements into actionable compliance initiatives.

ADDITIONAL REQUIREMENTS

• Excellent communication and interpersonal skills, with the ability to interact effectively with stakeholders at all levels.
• Familiarity with Business Intelligence (BI) tools and data analysis software.
• High ethical standards and a commitment to fostering a culture of integrity and accountability.
• Learner mindset having a pragmatic approach, ability to work collaboratively in a fast-paced environment and support cross-functional teams.

OUR BENEFITS & PERKS

• Competitive compensation packages and comprehensive medical insurance to support you and your family.
• Wellbeing-focused initiatives and resources designed to enhance your personal and professional life.
• Flexibility to balance work and life, with hybrid work options tailored to role requirements.
• Access to exclusive discount programs, offering savings across various lifestyle and leisure experiences across the UAE.

WHAT MAKES A GREAT FIT

If you are performance-driven and possess an inquisitive mind with the agility to navigate ambiguity, you will thrive here. At the heart of the Space42 community is a bias for action and a passion for developing innovative, efficient space services through AI-driven smart solutions that drive technological advancements and create a better tomorrow.