Compliance Specialist
United Arab Emirates, United Arab Emirates
Job Description
The role will have the following main functions:
1. Policy development and work
2. Training (from creation to implementation)
3. Enforcement (KYC Checks / investigations\xe2\x80\xa6)
4. Business Facilitator through compliance
5. Support fraud risk assessments (if required by external investigators)
This is an existing role, reporting to the General Counsel based in Dubai.
Key Result Areas and Responsibilities:
KRA 1. Policy development and reporting
1. Policy development and work
2. Training (from creation to implementation)
3. Enforcement (KYC Checks / investigations\xe2\x80\xa6)
4. Business Facilitator through compliance
5. Support fraud risk assessments (if required by external investigators)
This is an existing role, reporting to the General Counsel based in Dubai.
Key Result Areas and Responsibilities:
KRA 1. Policy development and reporting
- Implements and manages control systems to prevent or deal with violations of compliance policies and monitor adherence to them.
- Reviews company policies and suggests updates when required.
- Prepares reports for senior management and external regulatory bodies.
- Educates and trains employees on regulations and industry practices.
- Addresses employee concerns or questions on legal compliance.
- Reviews the work of colleagues to identify compliance issues and provide advice or training.
- Maintains the current KYC process.
- Continuously reviews and updates KYC processes based on current business requirements and needs.
- Generates metrics and evaluates for the third-party due diligence.
- Revises procedure reports periodically to identify hidden risks or non-conformity issues.
- Collaborates with external and internal auditors, business development, legal counsels and the HR department to monitor enforcement of standards and regulations.
- Keeps abreast of regulatory developments within or outside of the company as well as evolving best practices in compliance control.
Bayt
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Job Detail
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Job IdJD1539459
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationUnited Arab Emirates, United Arab Emirates
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EducationNot mentioned