Key responsibilities include:

• Facilitates the development and maintenance of the appropriate compliance culture within the Company and across the UAE.
• Acts as the single point of contact and escalation for regulatory compliance questions and concerns across the UAE organization.
• Monitors, reviews, and communicates to all relevant stakeholders any significant regulatory developments within the environment of the business and actively develops technical knowledge in relation to the regulatory framework governing the company and its activities.
• Supports the regulatory license applications and acts as our regulatory liaison in the UAE and as appropriate.
• Maintains relationships with regulators and other relevant authorities.
• Creates and implements a Compliance Program frameworks, procedures, and policies.
• Oversees the effective implementation of the internal compliance policies and procedures
• Investigates internal reports of known or suspected money laundering and/or terrorist financing activities, complies the appropriate STRs/SAR reports and submits them to appropriate authorities per their specifications and requirements.
• Liaises with internal (ex: Legal, Compliance, IT, Security, etc.) and external (external counsel, consultants, etc.) stakeholders to ensure accurate reporting to regulatory bodies.
• Responds to law enforcement requests and inquiries as appropriate.
• Performs regular internal reviews to ensure full compliance with all the regulatory requirements.
• Prepares and implements action plans to remedy any identified regulatory compliance shortfalls for the market and escalates recommendations to senior leadership on the required actions.
• Partners with Product Engineering, Security and Data teams to ensure new products and services are developed and deployed in a compliant manner.
• Prepares new risk assessments to identify regulatory compliance risks and documents recommended mitigation strategies.
• Provides regulatory updates to the Executive Board (“Board”) on the state of the Compliance Program and escalates any significant risks as soon as appropriate.