We are seeking a motivated and experienced Senior Compliance Officer for the MENA region. The Senior Compliance Officer will handle the group’s new company set ups and ensure that our business processes and policies are compliant with local and international laws and regulations.

Requirements

Experience:

• Minimum 7 years of experience in company set up and regulatory compliance
• Experience with relevant industry practices and professional standards is a plus

Language:

• Fluent in English and Arabic

Education:

• A Bachelor’s degree in Law

Responsibilities

• Advising on, establishing, and closing entities within the Group in the jurisdictions of interest mainly UAE free zones and mainland, Saudi Arabia, Bahrain, and others;
• Maintaining company documents within the Group and ensuring their timely registration and renewal;
• Attending to necessary registrations with regulatory bodies to ensure compliance with novel regulations affecting the Group’s companies;
• Drafting, revising and initiating policies and procedures of the firm and its related activities to ensure compliance with legal and regulatory obligations, including anti-money laundering regulations;
• Developing regular procedures and practices to monitor and assess the adequacy and effectiveness of internal systems of control and measures implemented by the firm;
• Developing and updating regulatory and statutory reporting programs and liaising with departments within the firm and third-party service providers to ensure timely and accurate regulatory reporting;
• Maintaining compliance registers as per the statutory and regulatory requirements;
• Keeping up with changes in applicable laws and regulations and providing guidance to the firm on proposed regulatory changes;
• Acting as an independent review and evaluation body to ensure that compliance issues/concerns within the organization are being appropriately evaluated, investigated and resolved;
• Collaborating and liaising with internal departments, regulators, authorities and external service providers to resolve legal and compliance issues;
• Identifying potential areas of compliance vulnerability and risk; and
• Developing and implementing corrective action plans for resolution of problematic issues and providing general guidance on how to avoid or deal with similar situations in the future.