Head of Compliance & MLRO - SCA (Asset Management)

Job Purpose:

The primary focus of this role is to ensure compliance with SCA regulations and provide compliance coverage for FABs asset management business. The role also includes responsibilities related to anti-money laundering (AML).

Key Accountabilities:

• Perform the role of SCA Accredited Compliance Officer for FABs Asset Management business.
• Provide asset management compliance coverage ensuring that compliance frameworks are effectively implemented and maintained.
• Oversee compliance with SCA regulations to ensure that all activities within FAB Asset Management adhere to the required standards.
• Manage AML and counter-terrorist financing (CTF) frameworks to protect FAB Asset Managements reputation and integrity.
• Oversee regulatory change management to ensure the business remains compliant with evolving regulations.
• Design and deliver training for business and functional teams.
• Liaise with SCA regulators and ensure timely and accurate submission of all required reports and documentation.
• Provide guidance and support to internal teams on SCA regulatory matters.
• Implement and oversee compliance monitoring programs to ensure adherence to regulatory requirements.
• Support the asset management business in providing compliance assessment and advice in relation to new products.
• Support the fund approval process to ensure compliance with regulatory requirements.
•   Collaborate with internal partners to respond appropriately to escalated compliance matters.
• Monitor and disseminate compliance regulations and policy change.
• Manage direct reporting lines to the board and administrative reporting lines to the CEO.

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Qualifications :

• Qualifications & Experience:

• Fulfil of the requirements to be an SCA Accredited Compliance Officer including academic qualifications professional certificates and SCA examinations.
• Strong knowledge of asset management compliance including relevant laws and regulations.
• Proven ability to develop and implement compliance policies procedures and internal controls.
• Prior experience as an MLRO and carrying out MLRO responsibilities.  Good understanding of AML risk including higher-risk geographies industries and products.
• Clear and concise written and verbal communication skills.
• In view of regulatory interaction and SCA circulars proficiency in Arabic is an asset.

Remote Work :

No

Employment Type :

Full-time