Manager - Regulatory Compliance

Responsibilities:

The Client Compliance Services department is responsible to provide Outsourced Compliance Officer and Money Laundering Reporting Officer ( MLRO ) services. The department also assists client companies of IQ-EQ DIFC in structuring matters and in fulfilling clients compliance responsibilities.

In addition, the Manager - Client Compliance shall have supervisory responsibilities for the Client Compliance Unit team, monitor their daily tasks and to coach them.

Tasks

• Contribute in designing and implementing the AML/CFT framework for specific clients;
• Act as MLRO/ Compliance Officer for IQ-EQ DIFC s client companies;
• Attend board meetings to present MLRO/Compliance reports for IQ-EQ DIFC s client companies on at least an annual basis; To receive, analyse and report Suspicious Transaction Reports, as appropriate;
• Perform Client file review or special investigation as required;
• Liaison with DFSA, FSRA and other regulatory bodies for assisting clients to procure regulatory approvals and for related matters;
• Provide AML/CFT training to directors and staff of client companies, as appropriate;
• Conduct AML/CFT risk assessments of all products, technology and business practice of client companies, as appropriate;
• Analyse and disseminate the latest AML/CFT related regulatory information to clients;
• Provide basic advice and guidance to Onboarding Unit and Operational Compliance on specific compliance queries;
• Provide Management Information to the Operational Risk Committee, GRACC and Board, as required;
• Supervise, assess the Client Compliance Unit team s work and assignments as well as assist in building capabilities and allocate resources within the Client Compliance Unit team;
• Conduct staff appraisals and recommend career development plans to the Senior Executive Officer;
• Ensure protection of information assets of IQ-EQ DIFC and to abide by the ISMS in place at IQ-EQ DIFC.