We are seeking a highly skilled and experienced Compliance Manager to join our team at Paymennt.com. As we navigate through the process of obtaining regulatory licenses from the Central Bank of the UAE, compliance expertise is essential to our success. The ideal candidate will have a strong background in regulatory compliance, with specific experience in regulatory communications, preferably with the Central Bank of the UAE. Additionally, experience in anti-money laundering (AML) and counter-terrorism financing (CTF) regulations, fraud prevention, and transaction monitoring is crucial for this role.

Location:

Dubai, UAE (United Arab Emirates)

What You’ll Be Doing:

• Lead the preparation and submission of applications with the Central Bank of the UAE, ensuring compliance with all regulatory requirements and guidelines.
• Develop, implement, and maintain a comprehensive compliance framework tailored to the specific requirements of the RPS and SVF licenses.
• Conduct thorough assessments of company policies, procedures, and systems to ensure alignment with regulatory standards and best practices.
• Design and implement AML/CTF programs and procedures, including customer due diligence, transaction monitoring, and suspicious activity reporting.
• Collaborate with internal teams to integrate compliance requirements into the development of new products, services, and processes.
• Provide guidance and training to employees on compliance-related matters, including regulatory requirements and license obligations.
• Stay updated on regulatory developments and changes in the payments industry, and ensure timely updates to company policies and procedures.
• Serve as the primary liaison with regulatory authorities and manage responses to regulatory inquiries and requests.
• Develop and maintain relationships with industry associations and other relevant stakeholders to stay informed about best practices and industry trends.
  
  
  

What You'll Need:

• Fluency in English with excellent communication skills
• 4+ years of FinCrime (AML/CTF and Sanctions) and regulatory compliance experience, covering a wide range of subjects across retail and business customer bases, such as KYC, CDD/EDD, Transaction Monitoring, Risk Assessments, Reporting (SARs), and Regulatory Reporting.
• Strong knowledge of UAE financial services regulations, covering onshore and financial freezone regulators.
• Strong knowledge and experience of identifying financial crime risks and potential vulnerabilities, advising on best practices to effectively and efficiently address those findings
• Knowledge of how to conduct regulatory gap analysis, policy creation and implementation
• Knowledge and experience in the regulatory requirements relating to payments
• Relevant certifications such as CAMS (Certified Anti-Money Laundering Specialist), CRCM (Certified Regulatory Compliance Manager), or equivalent.
  
  
  

If you meet the qualifications outlined above and are passionate about driving regulatory compliance within the payments industry, we encourage you to apply for this exciting opportunity with Paymennt.com. Candidates that qualify will be invited for our interview process.