Compliance Officer
Flowdesk
Employer Active
Posted 6 hrs ago
Send me Jobs like this
Experience
8 - 10 Years
Job Location
Education
Bachelor of Laws (LLB)(Law), Bachelor of Commerce(Commerce)
Nationality
Any Nationality
Gender
Not Mentioned
Vacancy
1 Vacancy
Job Description
Roles & Responsibilities
We seek individuals who are driven by this systematic approach. Joining Flowdesk means you will be a key contributor in building and scaling a more transparent and efficient financial markets infrastructure.
The Compliance Officer & MLRO will act as the leading regulatory compliance expert for Flowdesk's Dubai operations, ensuring strict adherence to VARA regulations and UAE Anti-Money Laundering/Counter-Terrorist Financing (AML/CFT) requirements. This senior role encompasses both strategic compliance leadership and direct operational responsibility, with a direct reporting line to the Board of Directors.
Key Responsibilities
Regulatory Compliance
Establish and maintain a compliance framework aligned with VARA requirements.
Act as primary contact with regulators, ensuring accurate and timely reporting.
Oversee VASP license compliance and conduct regular risk assessments.
Ensure timely and accurate regulatory reporting to VARA, including transaction reports, incident reports, and periodic returns.
MLRO Duties
Serve as the designated MLRO under UAE AML/CFT legislation.
Lead AML/CTF programs, including STR filing with the UAE FIU.
Implement CDD/EDD processes, transaction monitoring, and sanctions screening.
Governance & Oversight
Report regularly to the Board on compliance, risks, and regulatory updates.
Advise on regulatory strategy and escalate any material issues.
Manage compliance monitoring, testing, and audit programs.
Operations & Risk Management
Contribute to the review of new products/services from a compliance perspective.
Manage monitoring, audits, and investigations of potential breaches.
Maintain compliance registers, incident logs, and breach records.
Culture & Training
Develop and deliver compliance training for employees.
Promote a culture of integrity and regulatory awareness.
Requirements
What you'll need to bring
Education - Bachelor's degree in Law, Finance, Business Administration, or a related field.
Certifications - Professional compliance qualifications such as the ICA Diploma in Compliance, CAMS (Certified Anti-Money Laundering Specialist), or equivalent are a strong plus.
Experience - At least 8 years in compliance within financial services, with proven MLRO responsibilities including AML/CFT program management, regulatory inspections, and Board-level reporting.
Regulatory knowledge - In-depth understanding of UAE regulatory frameworks, particularly VARA regulations, Virtual Asset Service Provider requirements, and UAE AML/CFT legislation (Federal Decree-Law No. 20 of 2018 and Cabinet Resolution No. 10 of 2019).
Global standards - Familiarity with FATF Recommendations, international crypto compliance guidance, and practical knowledge of blockchain, digital assets, and cryptocurrency trading operations.
Skills - Strong regulatory judgment, ability to interpret complex regulations, and excellent written and verbal communication in English (Arabic is an advantage).
Attributes - Proactive, self-motivated, high ethical standards, and strong analytical and problem-solving abilities.
Work style - Able to operate independently, manage senior stakeholders, and adapt effectively to a fast-paced, evolving regulatory environment.
The successful candidate must
Pass VARA's Fit and Proper assessment.
Obtain regulatory approval to act as Compliance Officer and MLRO.
Maintain a clean regulatory and criminal record.
Be eligible to work in the UAE.
Meet VARA's minimum competency requirements for compliance personnel.
Company Industry
Keywords
Disclaimer: Naukrigulf.com is only a platform to bring jobseekers & employers together. Applicants are advised to research the bonafides of the prospective employer independently. We do NOT endorse any requests for money payments and strictly advice against sharing personal or bank related information. We also recommend you visit Security Advice for more information. If you suspect any fraud or malpractice, email us at abuse@naukrigulf.com