Job Description

We are seeking a diligent and proactive

Compliance Officer

to oversee and ensure our retail jewellery business complies with all regulatory and legal requirements, including those related to

AML/CFT, VAT, ESR, UBO

, and

retail trading standards

in the UAE. The ideal candidate will be responsible for implementing and maintaining an effective compliance framework across all operations.

Key Responsibilities:

Develop, implement, and monitor the company's

compliance policies and procedures

Ensure compliance with

AML/CFT laws

, including customer due diligence (CDD/KYC), suspicious transaction reporting (STR), and recordkeeping Maintain and update

Ultimate Beneficial Ownership (UBO)

and

Economic Substance Regulations (ESR)

filings as required Oversee

VAT compliance

, including ensuring proper invoicing, tax filing, and documentation Train and educate internal teams on compliance awareness and regulatory requirements Liaise with regulatory authorities (e.g., Dubai Economy, FIU, FTA) and respond to official inquiries or inspections Conduct internal audits to identify and mitigate compliance risks Maintain proper documentation for compliance audits and inspections Monitor and report on the effectiveness of compliance controls and suggest improvements Stay up to date on changes in laws, regulations, and industry best practices

Requirements:

3-6 years of experience in a compliance role, preferably in retail, jewellery Strong knowledge of UAE regulations including

AML, VAT, ESR, and UBO

Experience in

KYC/AML frameworks

and compliance audits Attention to detail and strong analytical skills Excellent communication and reporting skills Ability to work independently and with cross-functional teams

Preferred Qualifications:

Prior experience in a

retail gold or jewellery business

Familiarity with

DMCC, Dubai Economy, and UAE Central Bank

regulatory frameworks Experience liaising with compliance consultants, auditors, or regulatory bodies
Job Type: Full-time

Application Question(s):

Do you have experience managing AML/CFT compliance in the UAE, including KYC and suspicious transaction reporting? Are you familiar with UAE regulatory frameworks such as ESR (Economic Substance Regulations), UBO (Ultimate Beneficial Ownership), and VAT compliance? * Have you previously worked in a compliance role within a retail, gold, or jewellery business in the UAE?