Compliance Officer

Connecting clients to markets and talent to opportunity.

With 4500 employees and over 300000 commercial institutional payments and retail clients we operate from more than 70 offices spread across six continents. As a Fortune 100 Nasdaq-listed provider we connect clients to the global markets focusing on innovation human connection and providing world-class products and services to all types of investors.

Whether you want to forge a career connecting our retail clients to potential trading opportunities or ingrain yourself in the world of institutional investing StoneX Group is made up of four business segments that offer endless potential for progression and growth.

Business Segment Overview:

Corporate: Engage in a deep variety of business-critical activities that keep our company running efficiently. From strategic marketing and financial management to human resources and operational oversight youll have the opportunity to optimize processes and implement game-changing policies.

Position Purpose:

The appointed Compliance Officer plays a pivotal role within a Dubai Financial Services Authority (DFSA) regulated entity operating in the Dubai International Financial Centre (DIFC). This role encompasses the implementation and management of the control framework ensuring compliance with applicable legislation in the DIFC relating to R.J. OBrien (MENA) Capital Limiteds financial services including DFSA rules regulations and international best practices. This professional acts as the organisations principal point of contact with the DFSA on compliance-related matters and is responsible for cultivating a robust compliance culture within the firm.

Primary duties will include:

• Regulatory Compliance: Develop implement and maintain compliance policies and procedures aligned with DFSA requirements and broader regulatory obligations applicable to the firms business activities. Keeps abreast of new rules and regulations as well as regulatory disciplinary actions and how they affect the business activities of the firm to ensure the firms policies and procedures are up to date.
• Ongoing Monitoring: Responsible for developing the annual compliance monitoring programme. Conduct regular reviews monitoring and testing of business processes to ensure compliance with relevant laws regulations and DFSA issued guidelines.
• License Maintenance: Oversee the firms continued compliance with DFSA authorisation conditions and any ongoing obligations arising from its licensed activities.
• Reporting: Prepare and submit all required compliance and regulatory reports notifications and returns to the DFSA in a timely and accurate manner.
• Management Information: Compile and circulate periodic compliance management information.
• Advisory: Act as a key point of reference for all staff brokers and management with regards to compliance issues or initiatives offering guidance on new regulatory developments and ensuring awareness of compliance responsibilities across the organisation.
• Change Management: Develop coordinate implement and review processes enhancing regulatory compliance and reducing risk.
• Training and Awareness: Devise and deliver regular compliance training for all employees tailored to their roles to embed a strong compliance culture and ensure understanding of DFSA regulations and firm policies.
• Incident Management: Investigate document and report compliance breaches or suspicious activities in accordance with DFSA requirements. Oversee remediation actions and implement preventative measures where needed.
• Risk Assessment: Conduct compliance risk assessments and maintain a regulatory risk register highlighting key risks and their mitigants.
• Policy Reviews: Periodically evaluate and update compliance policies and procedures to reflect legal and regulatory changes business development and best practices.
• Relationship Management: Serve as the main liaison between the firm and the DFSA responding to all regulatory queries and requests and managing regulatory inspections and audits.
• Record Keeping: Ensure that all records related to compliance matters are accurate comprehensive and readily available for DFSA inspection.
• AML/CTF: Work with the Money Laundering Reporting Officer (MLRO) to assist with the implementation of anti-money laundering (AML) and counter-terrorist financing (CTF) controls and reporting obligations.
• Ethical Standards: Promote the highest standards of integrity and ethical conduct within the firm upholding the reputation of the business and the DFSA & DIFC.

To land this role you will need:

• Bachelors degree in law Finance Business Administration or a related field (Masters degree is an advantage).
• Professional compliance certification (e.g. ICA ACAMS CISI) is highly desirable.
• Minimum of 5 years experience in a compliance role within the financial services sector ideally within a DFSA regulated entity or similar jurisdiction.
• Experience and strong understanding of futures and options.
• Strong knowledge of the DFSA regulations and rules and the UAE regulations applicable to financial services firms.
• Experience in dealing with regulatory authorities and handling regulatory inspections.
• Experience and ability in dealing with senior management.
• Experience in dealing with senior compliance and regulatory staff at the various exchanges and regulatory agencies.
• Some experience and understanding of AML/CTF frameworks and reporting obligations.

What makes you stand out:

• In-depth Knowledge: Detailed and current understanding of DFSA rulebooks legislation and regulatory expectations including the Regulatory Law and Conduct of Business (COB) rules. Knowledge of local Anti-Money Laundering (AML) rules and other relevant modules.
• Attention to Detail: High level of accuracy and attention to detail particularly when interpreting regulatory requirements and preparing reports.
• Analytical Thinking: Ability to analyse complex regulatory issues identify risks and develop practical solutions.
• Communication: Excellent written and verbal communication skills with the ability to clearly explain compliance matters to all levels of staff and external stakeholders.
• Ethical Judgement: Strong ethical compass and ability to act independently when making compliance decisions.
• Problem-Solving: Proactive approach to problem identification and resolution in a regulatory context.
• Organisational Skills: Ability to manage multiple projects and deadlines prioritising tasks to meet regulatory timeframes.
• Management Skills: Lead mentor and develop a compliance team to ensure high performance professional growth and alignment with organisational objectives
• Collaboration: Team player who is able to work effectively with other departments particularly brokers risk legal and audit functions.
• Confidentiality: Maintain strict confidentiality of sensitive compliance and business information.

Working environment:

• Hybrid

#LI-Hybrid #LI-AS1