Senior Compliance Officer

Equiti is a pioneering fintech firm and world-class provider of multi-asset fintech products - from liquidity solutions to in-house tech hubs to online trading platforms. With over 400 global specialists in 9 languages, Equiti provides clients with access to individual, professional, and institutional brokerage services in Europe, the Middle East, and Africa.

At Equiti, we believe that financial opportunities can unlock potential for everyone, everywhere. We’re on a mission to deliver accessible online trading products around the world through education and accessibility.

Think finance is stuffy? Think again.

We see Equiti as a new breed of broker, and we are on the lookout for talented individuals who can perform and excel in a dynamic and innovative working environment. Our Compliance department would like to welcome a detail-oriented

Senior Compliance Officer in our office in Dubai

As a Senior Compliance Officer is responsible for supporting the Head of Compliance and MLRO in protecting the business against Financial Crime Risks, Internal and External Fraud, and administering to the successful implementation of the Federal and Authority regulations.

Responsibilities

• Review daily alerts generated by the Transaction Monitoring System and investigate flagged transactions for potential suspicious activity. Report findings to the Head of Compliance/ MLRO and the regulatory authorities as per internal policies and regulatory requirements.
• Review suspicious activity and transaction reports escalated to compliance and conduct thorough investigations. Collaborate with the head of Compliance/ MLRO to determine appropriate action.
• Coordinate with Risk Management to identify compliance risks and provide regular updates on Compliance Key Risk Indicators (KRIs).
• Maintain comprehensive registers and documentation of compliance activities, including complaints,
• Assist in developing training materials on AML, Targeted Financial Sanctions, Anti-Bribery and Corruption, Conflict of Interest and other compliance matters and conduct training sessions for staff members as needed.
• Act as the initial point of contact in Compliance for investigating complaints and ensure compliance with the Complaints Handling Policy.
• Ensure successful implementation of the Compliance Monitoring Program, conducting periodic reviews to maintain its integrity. Report findings and violations to the MLRO on a regular basis.
• Perform periodic reviews of policies and procedures to address applicable laws and regulations, updating policies as needed, at least annually or upon material change.
• Promptly assess and investigate compliance inquiries and reports, ensuring timely resolution of compliance-related matters.
• Provide support to the KYC team and address their queries as required.
• Perform periodic reviews of client accounts, monitoring changes in clients' AMLCFT risk assessment, and updating scores as necessary.
• Review and sign off on marketing material to ensure compliance with UAE regulations and internal policies.
• Review withdrawal requests within specified thresholds, ensuring compliance with internal policies and procedures.
• Deputize for the Head of Compliance and MLRO in their absence and produce Management Information (MI) reports for the Head of Compliance on a monthly and semi-annual basis.

Skills & Competencies

• Strong organizational skills with an ability to effectively manage competing deadlines and prioritize diverse tasks.
• Demonstrated initiative and sound judgment in navigating complex situations.
• Proven ability to cultivate robust working relationships with front-office teams and global colleagues in Compliance and IT, fostering collaboration to achieve outstanding outcomes.
• Eagerness to learn and grow, with a proactive approach to personal and professional development.
• Comprehensive understanding of relevant rules, regulations, products, and market infrastructure.
• Exceptional communication skills, adept at articulating scenarios and concepts clearly and concisely to senior stakeholders, both verbally and in writing.
• Proficient in policy drafting, ensuring clarity and precision in documentation.
• Advanced proficiency in Microsoft Suite applications, including Excel, Word, and PowerPoint

Experience Requirements

• Bachelor’ degree in Business Management or another related area
• 3-5 years of practical experience in the Compliance field, preferably within the financial services industry.
• Preferably holder of a professional Compliance certificate (ACAMS, ICA)
• Preferably prior experience in working with local brokerage firms, and knowledge in Capital markets regulations.
• Fluent in both Arabic and English languages.

Perks

Each of our offices has its special perks; be it ‘no ties’, free lunches, charity events, or a hybrid work policy – but whenever you walk into an Equiti office, you’re sure to see a friendly face. We encourage international collaborations and always keep our eyes open to how we can do more.

The benefits you can expect at your Equiti workplace include:

• Competitive salary package
• Performance-based bonus
• Medical insurance coverage for employees and family members
• Smart working options
• Employee wellness initiatives
• Personalized career development
• Company lunch in the office
• Regular company events

With energy, drive, and imagination, there’s no limit to where your career can go at Equiti. With a diverse workforce and geographical spread of offices, we strongly support career development initiatives as well as provide a range of opportunities for professional and life experiences.

Equiti is an equal opportunity employer.

“Equiti” refers to a group of companies consisting of seven regulated financial services companies licensed to operate in the respective jurisdictions of their incorporation, in addition to our tech and marketing hubs. Equiti has presence in Africa, Europe, and the Middle East.