Compliance Officer UAE Retail Payment Services
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Job Description
Location: Dubai UAE
Employment Type: Fulltime
Compensation: Competitive base salary
Role Overview
We are seeking a diligent and detailoriented professional to join our team as a Compliance Officer for UAE Retail Payment Services. If you have a keen interest in regulatory frameworks a commitment to upholding compliance standards and the ability to navigate the complexities of retail payment services we are eager to hear from you.
Key Responsibilities
- Serve as the primary liaison with the Central Bank of the UAE (CBUAE) and other local regulators
- Ensure compliance with Category II Retail Payment Service license requirements policies and procedures
- Prepare and submit regulatory reports accurately and within deadlines
- Conduct regulatory gap analyses AML risk assessments and sanctions risk evaluations
- Develop and implement compliance policies in alignment with UAE regulatory frameworks
- Support the creation and of a risk management framework tailored to UAE operations
- Oversee customer due diligence (CDD/EDD) processes to ensure regulatory compliance
- Implement and manage transaction monitoring systems reporting suspicious activity to the UAE Financial Intelligence Unit (FIU)
- Assess new products and services for compliance with UAE AML and regulatory requirements
- Conduct due diligence on local partners banks and thirdparty providers
- Collaborate with global compliance teams to ensure regulatory alignment across operations
- Provide compliance training to directors officers and employees on policies and regulatory updates
Qualifications and Skills
- Bachelors degree in technology data law finance or a related field
- Masters degree or compliance certification (preferred)
- 7 years of experience managing compliance programs in UAE financial institutions (payment services fintech or banking)
- Expertise in UAE laws and regulations governing payment services
- Proven success in managing CBUAE compliance requirements particularly for Category I/II payment licenses
- Experience in compliance across other MENA countries (a plus)
- Native Arabic speaker with fluency in English
- Strong knowledge of crossborder payment products
- Exceptional analytical skills with a proactive approach to risk mitigation
Benefits and Development Opportunities
- Continuous professional development and training
- Mentorship and leadership development programs
- Opportunity to work with a growing FinTech company
Application Process for Compliance Enthusiasts
If you are ready to make a significant impact on our compliance framework and contribute to a culture of integrity and accountability we welcome your application. Submit your resume detailing your relevant experience and passion for enhancing compliance in retail payment services.
Our Commitment to Diversity and Inclusion
We are committed to creating an inclusive work environment that reflects the diversity of the communities we serve. We encourage applications from individuals of all genders ethnicities abilities and backgrounds to foster innovation and excellence in our compliance team.
Employment Type
Full Time
