Aldar Hiring for Senior Associate – Sales Compliance Job at Dubai Full Time

• Promoting a strong culture of Regulatory Compliance (RC), Financial Crimes Compliance (FCC) and ethics across the organization.

• Assist the Group Compliance function in ad-hoc day-to-day activities and requests.

• Assist the Sales function in ad-hoc day-to-day activities and requests.

• Perform Customer screening exercises from an AML, PEP, Adverse Media and other FCC risks’ perspective for all new and existing customers.

• Submit External Regulatory Reports in a timely manner such as reports through the goAML system and requests made by Regulatory Authorities.

• Submit Internal Compliance Reports, Management Information (MI) Reports, data points for dashboards in a timely manner.

• Obtain, collect and document Customer KYC documents and any other documentation required for reporting, Customer Due Diligence (CDD), Enhanced Due Diligence (EDD) or other Compliance related requirements.

• Perform Customer Due Diligence (CDD) or Enhanced Due Diligence (EDD) as required during customer reviews.

• Conduct ongoing Regulatory Compliance (RC) and Financial Crime Compliance (FCC) trainings periodically and when required as per Business and Compliance requirements.

• Report any identified breaches or instances of Non-Compliance with Aldar’s Internal Policies or any Compliance related rules, laws and regulations to the Sales team’s Management and Group Compliance.

• Identification and reporting of all matters relating non-compliance with Regulatory & Financial Crimes Compliance requirements, Aldar’s Code of Business Conduct (CBC) violations, conflicts of interest and anti-bribery and corruption requirements.

• Interact with internal and external stakeholders (including customers) without tipping-off in regards to Compliance related matters.

• Ensure timely and organized tracking is conducted for all Compliance related matters and various workstreams within the Sales team.

• Draft STRs/SARs and other types of investigative reports sent using the goAML system.

• Draft internal STRs/SARs for submission to Group Compliance.

• Serving as a line of defense to effectively protect the organization from financial, legal or reputational damage.

• Serve as a point of contact with stakeholders and regulatory bodies.

• Support in the rollout and development of effective systems and controls to enforce regulatory compliance and anti-money laundering/financial crimes measures within the Sales team.

• Collaborate with the Group Compliance function to ensure a robust compliance program and regulatory universe is in place.

• Ensure the alignment of compliance, operational and business strategies and develop the risk appetite accordingly.

• Establish effective Data Protection controls and ensure confidentiality is embedded within the Sales team.

• Establish and maintain record retention practices to evidence compliance adherence and records are easily accessible.

• Prevent and effectively mitigate violations of legal, regulatory and internal compliance policies

• Drafting of all compliance reports and ensure matters are effectively articulated and include all relevant aspects

• Drafting of periodic compliance reporting on compliance and AML to Group Compliance and the Sales team’s Senior Management.

• Ensure regular compliance/AML matters are consistently communicated within the Sales team to create awareness and embed a compliance culture.

RELATED YEAR OF EXPERIENCE

• Minimum of 7 to 8 years experience in a similar role and/or as licensed Compliance Officer/ Compliance Counsel.

• Experience working in a top tier international organization and/or various industries in the UK/USA/UAE.

FIELD OF EXPERIENCE

• Experience from consulting firms, Real Estate, Public Joint Stock Companies, Banks, Investment Companies.

TECHNICAL AND INTERPERSONAL SKILLS

• Bilingual English and Arabic (verbal/ written)

• Strong ethics, compliance and risk management

• Strong interpersonal skills with attention to detail and effective decision-making abilities

• Effective communicator across all stakeholder groups

• Analytical and critical thinking, with effective written ability

QUALIFICATION

• Bachelors Degree in Business/Accounting or Law Degree from an internationally recognized higher education institution

• A legal background will be beneficial

• Compliance/ AML internationally recognized certification