Compliance Officer/Money Laundering Reporting Officer

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TMF Group is a leading provider of administrative services, helping clients invest and operate safely around the world. As we’re a global company with 11,000+ colleagues based in over 125 offices across 87 jurisdictions, we actively seek out people with the talent and potential to flourish at TMF Group, whatever their background, and offer job opportunities to the broadest spectrum of people. Once on board we nurture and promote talented individuals, making sure that senior positions are open to all.

Discover the Role
As Compliance Officer & MLRO , you will lead AML/CFT, compliance, risk and governance activities for TMF Abu Dhabi. You will act as the key contact for FSRA/DFSA and UAE authorities , oversee SAR/goAML reporting, sanctions, risk assessments, compliance monitoring and regulatory reporting , and advise senior management and the Board on regulatory matters. The role requires strong UAE regulatory experience and CO/MLRO expertise , ideally within fund administration or trust services .

Key Responsibilities

- Promote and enhance the compliance, risk and governance culture
- Act as the CO/MLRO
- Establish- and maintain- constructive relationships with the respective regulators, auditors and other relevant institutions
- Produce and maintain appropriate AML/CFT, Compliance and Risk policies and procedures for the business and ensure that they are maintained in line with local regulatory requirements, as well as Group requirements and frameworks
- Advise the Boards and Management on AML/CFT, Compliance, Risk Management issues, escalating any specific items that require special attention to the MD
- Support the delivery of AML/CFT, Compliance and Risk training to all staff (induction training and ongoing training) working with HR to ensure appropriate training records are maintained
- Issue regular reports to the Boards and Group Governance on AML/CFT, Compliance, Risk work including information on regulatory changes; regulatory interaction breaches, errors, omissions and complaints; progress in implementing recommendations arising from internal audits, external audits, regulatory visits and compliance monitoring activities; and items escalated to the MD during the reporting period
- Receive all suspicious activity reports and liaise internally and externally as appropriate
- Liaise with Group functions, specifically in term of AML/CFT and sanctions checking, risk assessments, governance frameworks and insurance
- Working with the MD/ SEO to maintain the legal entity governance framework for the business
- Provide support to the local team and Group to ensure that certifications are maintained

Key Requirements

Compliance Duties:

- Collaborate in the development and implementation the following
- Client AML/CFT, Compliance and Risk framework
- AML/CFT, Compliance and Risk policies and procedures
- Risk based CMPs
- Board Reporting controls
- Business Risk Assessments
- Training Materials.

MLRO Duties:

- Implementation, oversight of and responsibility for the following matters: o day-to-day operations for compliance policies, procedures, systems and controls;
- Acting as the point of contact with the employees for the filing of internal Suspicious Activity Reports (“iSAR”s)
- Taking appropriate action following receipt of iSAR
- Filing of Suspicious Activity Reports
- Acting as the point of contact within TMF for competent U.A.E. authorities and the Regulator regarding money laundering issues;
- Responding promptly to any request for information made by competent U.A.E. authorities or the Regulator;
- Receiving and acting upon any relevant findings, recommendations, guidance, directives, resolutions, Sanctions, notices or other conclusions described in Chapter 11 of the AML Rulebook; and
- Establishing and maintaining an appropriate money laundering training program and adequate awareness arrangements under Chapter 13 of the AML Rulebook (FSRA) and by the by the DFSA’s AML Module

Qualifications:

- Holder of a Professional Qualification or a Degree holder in Law or Finance or other relevant fields
- Holder qualification in Financial Crimes, ACAMs, ICA, etc.
- Must demonstrate practical knowledge of UAE-specific anti-money laundering laws, goAML portal reporting, risk assessments, and sanctions frameworks
- UAE Resident with more that 5 years' experience in the UAE as CO/MLR
- Have the necessary expertise to be appointed as the CO/MLRO in a Category 3C Company (Administrator of a Collective Investment Fund, and Trust Service Provider) license with the FSRA and in a Category 4 company (Activity - Providing Fund Administration) licensed with the DFSA

What’s in it for you?

Pathways for career development * Work with colleagues and clients around the world on interesting and challenging work. * We provide internal career opportunities, so you can take your career further within TMF. * Continuous development is supported through global learning opportunities from the TMF Business Academy. Making an impact * You’ll be helping us to make the world a simpler place to do business for our clients. * Through our corporate social responsibility program, you’ll also be making a difference in the communities where we work. A supportive environment * Strong feedback culture to help build an engaging workplace. * Our inclusive work environment allows you to work from our offices around the world, as well as from home, helping you find the right work-life balance to perform at your best. Other Benefits * Marriage Gift policy * Paternity & Adoption leaves * Interest free loan policy * Salary advance policy * Wellbeing initiatives

We’re looking forward to getting to know you!