Hybrid VP Compliance

at CITCON

• Job title: VP Compliance
• Job type: Full Time
• Experience level: Lead
• Salary: Not specified
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Abu Dhabi, United Arab Emirates

About the role

• Compliance Officer / MLRO at Citco Middle East overseeing regulatory compliance and stakeholder relationships. Managing compliance risks and promoting regulatory integrity.

Responsibilities

• Hold relevant regulatory roles for Citco Middle East (CME) and the Dubai Representative Office, including Compliance Officer and MLRO.
• Establish strong connections with relevant stakeholders to assist the business on compliance matters; work collaboratively to build trust and sustain relationships through situations where there may be differing views in relation to compliance deliverables.
• Create, implement, and maintain risk-based compliance plans aligned to regulatory requirements and business objectives; provide metrics and data (as required) to aid understanding of root causes and support effective decision-making.
• Proactively engage with others to change attitudes and behaviours in respect of compliance matters through active listening, empathy, and effective negotiation.
• Identify, assess, and manage compliance risks relating to the entities’ activities; support the embedding of risk management practices and risk culture across stakeholders.
• Participate in compliance monitoring activities; perform monitoring reviews and report outcomes in accordance with annual monitoring plans and the Citco Compliance Monitoring Policy.
• Provide advice and support to staff on compliance-related matters including AML and KYC, data protection and confidentiality, outsourcing organisation, and corporate governance.
• Maintain an understanding of regulatory developments impacting the country and, where required, provide assistance/coordination/oversight of impact assessments and implementation plans.
• Analyse reporting of suspicions concerning transactions and activities and report/escalate as appropriate (including MLRO obligations).
• Assist with drafting, maintaining, and regularly reviewing compliance policies, ensuring clarity and practical application.
• Draft compliance reports for the Board of Directors of Citco Middle East; attend and contribute to Board and Committee meetings, articulating compliance risks and recommendations.
• Participate in communications with regulators (including ADGM FSRA and, as applicable, Dubai regulators), ensuring transparent and effective engagement.
• Act as a role model for a learning culture by encouraging two-way feedback and actively sharing expertise; provide and/or arrange training on compliance policies and regulatory changes.
• Assist in the governance of the outsourcing framework and outsourcing oversight, supporting appropriate controls and accountability.
• Actively participate in the Compliance Forum and develop the Group Compliance team through support and sharing of expertise.
• Support the Regional Compliance Officer in regional and group-wide compliance initiatives.
• As required, support compliance officers in other regions with their core deliverables.
• Proactively implement team-level goals and make improvement suggestions to support the growth of the Group Compliance team.
• Escalate and report relevant matters to the Regional Compliance Officer.
• Travel as required to fulfil the responsibilities of the role.
• Undertake any other relevant responsibilities that may arise or be assigned by the Regional Compliance Officer, demonstrating flexibility and accountability.

Requirements

• University degree in a relevant discipline;
• A minimum of 5 years related work experience in the ADGM financial sector;
• Strong knowledge of the ADGM legal and regulatory environment in particular AML/CFT, data protection and outsourcing;
• Strong analytical, research and reporting skills;
• Excellent communication skills in English (written and oral);
• Compliance monitoring experience will be a plus;
• Pro-active and result driven;
• Developing good working relationships;

Benefits

• Your well-being is of paramount importance to us, and central to our success. We provide a range of benefits, training and education support, and flexible working arrangements to help you achieve success in your career while balancing personal needs. Ask us about specific benefits in your location.
• We embrace diversity, prioritizing the hiring of people from diverse backgrounds. Our inclusive culture is a source of pride and strength, fostering innovation and mutual respect.
• Citco welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection.