Compliance Officer / Money Laundering Reporting Officer

at  High Street Resources

Our client is a Digital Asset Wealth Management platform regulated by FSRA and based in Abu Dhabi is seeking a skilled Compliance Officer / Money Laundering Reporting Officer to lead the full-scale development of the function. The platform is designed for traditional finance professionals and investors to easily gain exposure to the emerging Digital Assets class and more effectively manage their own or clients’ assets and portfolios.

REQUIREMENTS

• At least ten years of overall compliance experience, including a minimum of five years in wealth management or brokerage compliance and anti-money laundering (AML) within either the ADGM or DIFC for a category 3 firm.
• Proficiency in understanding and applying relevant rules and regulations, such as AML/CTF/Sanctions, Conduct of Business, FATCA/CRS, and Data Protection.
• Understanding of Digital Assets.
• Strong English communication skills, both written and verbal, with robust analytical, problem-solving, and organizational abilities.
• Certification as a CISI/ACAMS professional.
• Ability to manage robust communication with external stakeholders and regulatory bodies.
• Capable of being hands-on, detail-oriented, and functioning autonomously with a business-enabling approach.
• Willingness to work in a start-up culture and be an integral part of business development and success.

• Developing, assessing, and updating compliance policies, procedures, and controls to ensure alignment with relevant legislation, regulatory standards, and best practices.
• Acting as the primary point of contact with the FSRA regarding compliance-related issues.
• Managing various compliance tasks, including client/business partner onboarding, trade surveillance, conduct of business monitoring, general compliance oversight, training, and regulatory reporting (includes MLRO function).
• Providing oversight of all AML/CFT and sanctions-related activities, ensuring the implementation of effective and sustainable controls.
• Fostering a robust compliance culture throughout the organization and conducting due diligence checks and continuous AML reviews for both existing clients and business partners.
• Supervising systems and controls to identify and address potential areas of AML compliance risk and developing and implementing practical corrective measures.
• Offering guidance and support to senior management and staff on FSRA compliance matters and coordinating staff awareness and training initiatives on compliance matters.
• Managing firm records and registers as mandated by applicable regulations, encompassing registers related to breaches, complaints, suspicious transactions, training, etc.
• Reporting to and collaborating with the Senior Executive Officer (SEO) and the Board as necessary on compliance-related issues, overseeing both internal and external compliance reporting processes.