Compliance Officer

at  Early approve financial Brokerage

JOB SUMMARY:

The Compliance Officer ensures that the bank operates within the legal and regulatory framework set by financial authorities. This role involves developing and implementing policies, conducting risk assessments, monitoring compliance activities, and providing training to staff to promote a culture of compliance.

QUALIFICATIONS:

• Bachelor’s degree in Finance, Law, Business Administration, or a related field (Master’s preferred).
• Professional certifications such as CAMS, CRCM, or ICA are a plus.
• Proven experience (3-5 years) in banking compliance, risk management, or audit roles.
  Job Type: Full-time
  Pay: AED2,500.00 - AED3,000.00 per mont

• Regulatory Compliance:
• Monitor and interpret regulatory changes impacting the banking sector.
• Ensure the bank’s policies and procedures are in line with legal and regulatory requirements.
• Policy Development:
• Develop, review, and update compliance policies and procedures.
• Implement compliance programs to mitigate risks.
• Monitoring and Reporting:
• Conduct regular audits and compliance assessments.
• Prepare compliance reports for management and regulatory bodies.
• Investigate and report compliance breaches or potential risks.
• Training and Awareness:
• Provide compliance training to employees across all levels.
• Foster a culture of integrity and ethical behavior within the organization.
• Risk Management:
• Identify potential areas of compliance vulnerability and risk.
• Develop corrective action plans for resolution of problematic issues.
• Liaison Duties:
• Act as a point of contact with regulatory bodies.
• Collaborate with legal, audit, and risk management teams.