Head of Compliance

Responsibilities:

1. Assist with compliance monitoring within the business;
2. Provide oversight of Compliance for the business and external clients in order to identify, monitor, and manage regulatory risks;
3. Identify and analyze business risks, providing compliance advisory on expanding existing business lines as well as for new business opportunities for the entire Group;
4. Ensure fulfillment of the regulatory requirements and adherence to Company standards and the DFSA and ADGM rules and regulations;
5. Assess the adequacy of the Compliance Monitoring Program on a continuous basis and conduct periodic monitoring as required to confirm compliance with regulatory requirements and internal policies and procedures;
6. Review the Internal Control System framework, propose new procedures and controls as deemed adequate, and update the Company’s Compliance Manual and other relevant internal policies vis-à-vis new regulations enacted by the authorities and new policies, procedures, and controls adopted by the Company as approved by the adequate governing bodies;
7. Monitor Company and Client transactions to ensure that no regulatory or ethics infringements occur in assessing the suitability and appropriateness of transactions, providing best execution, qualifying execution-only transactions, and avoiding conflicts of interest;
8. Provide compliance advisory and updates on regulatory developments to the business;
9. Prepare reports to be shared with the Senior Management and Board of Directors;
10. Manage regulatory matters, including relationships and correspondence with regulators, regulatory examinations, implementation of new regulations, licensing, and regulatory filings.