Head of Compliance & MLRO - ADGM - (Asset Management)
- Abu Dhabi
- Permanent
- Full-time
- Hold the registered Compliance Officer and MLRO roles for the ADGM entity.
- Ensure the fulfilment of regulatory compliance requirements, particularly applicable to asset management.
- Conduct quality testing, identify process deficiencies, enhance reporting, recommend corrective actions to meet regulatory and audit requirements, and perform periodic Compliance Risk assessments.
- Collaborate with internal partners to respond appropriately to escalated compliance matters.
- Monitor and disseminate compliance regulations and policy changes.
- Manage direct reporting lines to the board and administrative reporting lines to the CEO.
- Ensure the effectiveness of Compliance and AML policies, procedures, and controls as part of the overall compliance framework.
- Oversee the implementation and maintenance of compliance systems, including customer and transaction screening.
- Design and deliver compliance training for business and functional teams.
- Support the asset management business in providing compliance assessment and advice in relation to new products.
- Oversee regulatory change management to ensure the business remains compliant with evolving regulations.
- Strong knowledge of asset management compliance, including relevant laws and regulations.
- Proven experience as a registered compliance officer for the FSRA, DIFC, or within a regulatory regime of a strong financial centre.
- Prior experience as an MLRO and carrying out MLRO responsibilities.
- Strong knowledge of the asset management business.
- Robust understanding of legal and regulatory compliance frameworks.
- Clear and concise written and verbal communication skills.
- Good understanding of AML risk, including higher-risk geographies, industries, and products.
- Proven ability to develop and implement compliance policies, procedures, and internal controls.