Assistant Manager - Compliance

Job Description

Core Duties & Responsibilities

Tracking Implementation of Group Policies

• Ensure that all group policies are effectively implemented within the DXB Live division
• Monitor adherence to these policies and provide regular updates to senior management
• Conduct training sessions to ensure all employees understand and follow the group policies
• Coordinate with internal and external auditors to facilitate financial audits
• Prepare necessary documentation and provide support during audit processes
• Address audit findings and implement corrective actions as required

Monitoring Changes in Regulations

• Stay updated on changes in local and international financial regulations
• Assess the impact of regulatory changes on the organization and update policies accordingly
• Communicate regulatory changes to relevant stakeholders and ensure compliance

Preparing Compliance Reports

• Prepare detailed compliance reports for senior management and regulatory authorities
• Ensure accuracy and completeness of compliance data
• Provide insights and recommendations based on compliance findings

Coordinating with External/Internal Auditors

• Act as the primary point of contact for external and internal auditors
• Facilitate communication and information exchange between auditors and the organization
• Ensure timely resolution of audit queries and issues

Implementing Compliance Programs

• Develop and implement compliance programs within the DXB Live division
• Conduct regular assessments to ensure the effectiveness of compliance programs
• Provide training and support to employees on compliance-related matters
• Other duties as needed or required and deals with confidential information and/or issues using discretion and judgment
• Role is based out of DXB Live office
• Requires occasional travel to international locations for training and development of teams

Formal Education

• Bachelor's degree in finance / business / commerce
• Professional qualification in compliance / finance will be an added advantage

Work Experience

5-6 years relevant experience in a reputed organization in UAE/GCC experience preferred

Skills & Knowledge

• Effective communication/interpersonal skills, analytical abilities, attention to detail, and self-motivation are key skills required for this role
• Knowledge and ability to research industry / regulatory / compliance information would be an added advantage
• Training required on company policies and procedures