Head of Compliance & MLRO

Independent Reserve

Key Responsibilities

• Lead the design, implementation, and ongoing enhancement of the UAE compliance framework across AML/CTF, sanctions, and regulatory requirements.

• Work closely with the Group CRO on group governance and UAE governance alignment.

• Establish and maintain strong internal controls, policies, and risk management frameworks.

• Partner with Internal Audit to ensure effective control testing and remediation.

• Support the compliance teams in Australia and Singapore, as required.

Financial Crime & AML Oversight

• Oversee AML/CTF program including KYC/CDD/EDD, transaction monitoring, sanctions, and investigations.

• Act as an escalation point for suspicious activity and approve STR/SAR filings.

• Maintain and enhance customer risk rating frameworks.

Risk Management

• Conduct enterprise and compliance risk assessments; implement mitigation strategies.

• Work with the business lines on managing and updating risk and compliance management measures.

• Advise business and product teams on compliance and risk implications of business activities.

• Ensure compliance risks are clearly reported to senior management and Board on a regular basis.

Policy, Controls & Training

• Develop and maintain policies, procedures, and compliance manuals.

• Drive a strong compliance culture through training and guidance.

• Ensure alignment with global best practices and internal standards.

Virtual Asset Compliance

• Oversee Travel Rule functions and VASP counterparty due diligence.

• Monitor on-chain activity and wallet risks using blockchain analytics tools.

• Ensure compliance with VARA-specific requirements including market conduct and consumer protection.

Regulatory Liaison (VARA)

• Act as the primary point of contact with VARA.

• Lead regulatory engagement including licensing, inspections, submissions, and ongoing compliance.

• Ensure timely and accurate regulatory reporting, disclosures, and incident notifications.

• Maintain Responsible Individual obligations under VARA.