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Senior Compliance Manager

eToro

eToro

Legal
Abu Dhabi - United Arab Emirates
Posted on Tuesday, April 2, 2024

Senior Compliance Manager

  • Compliance
  • Abu Dhabi, United Arab Emirates
  • Management
  • Full-time
  • ID: P-539

Description

eToro has created an intuitive Social Trading platform that gives traders and investors access to global stock markets, commodity trading, cryptocurrency trading, and more. We strive to make money management available and accessible to everyone (even to users with no prior experience or knowledge). We have over 33 million users worldwide, and our platform is available in over 140 countries around the world.

With over 1500 employees worldwide, We have locations in the US, Cyprus, UK, Australia, Germany, and Israel, and we are constantly growing and expanding into new markets.

We are constantly growing and are excited to share that we are looking for a Senior Compliance Manager to join our team!

We're looking for a Senior Compliance Manager who will actively contribute to our compliance leadership and will hold an FSRA Approved Person position, responsible for managing the regulatory risks and framework for the entity.

The Senior Compliance Manager serves as the main point of contact of the firm with the regulators, law enforcement and other competent bodies and authorities and advises the staff, SEO and the Board on relevant regulatory and internal compliance policy matters. This position is critical for the continued success of our experienced and agile global Compliance Team.

What you'll be doing:

This role requires a self-starter who will own the localization of Group policies and procedures to ensure they are in-line with ADGM regulations. To define, design and implement an appropriate compliance monitoring program, working with Group resources to ensure local requirements are met. It is also essential to have a business focus to help develop our products and services within the UAE, and the broader GCC region, to support business growth.

As the Senior Compliance Manager, you will take responsibility for:

  • Design and implementation of the compliance monitoring plan, performing monitoring, surveillance and subsequent reviews
  • Provide support and guidance to staff on regulatory, policy and procedural issues and application
  • Assist with client enquiries and requests for information
  • Identify, log and resolve compliance issues, client complaints and policy and regulatory breaches
  • Review and update Compliance policies and procedures in line with regulatory changes
  • Ensure timely completion and filing of regulatory and AML reports with the regulator
  • Provide the SEO, Board and Group Senior Management with compliance management information, ensure their full awareness of all salient matters and to advise on regulatory implications of future business strategies
  • Stay up to date with regulatory developments both locally and internationally - focused on FSRA’s policy updates, guidance from the Central Bank of the UAE, and international best practices
  • Provide support to the company’s MLRO, by assisting with the review and implementation of AML/CTF policies and monitoring the Know Your Customer (KYC) and EDD review process
  • Take up the position of Deputy MLRO, familiar with all the companies relevant processes and systems to ensure seamless coverage when cover is required
  • Develop and maintain a positive and constructive relationship with the Regulators and promptly respond to any request for information made by the FSRA or any other competent authorities of the UAE
  • Provide compliance training to staff
  • Promote a culture of compliance among all team members and business processes

Requirements

  • Have a proven track record of working in financial services;
  • Experienced in building working relationships with Regulators, with direct experience working with FSRA regulated firms an advantage;
  • Able to advise Group colleagues on complex regulatory issues;
  • Experienced in successfully managing multiple projects at the same time;
  • Able to work to short timelines in a fast-paced environment;
  • Have excellent communication and presentation skills;