Compliance Officer

About Company:Our client is a liquidity and technology provider of solutions for the crypto and foreign exchange (FX) industry. The company specializes in the sphere of B2B services and products, catering to a wide range of clients including large licensed brokers, crypto exchanges, crypto brokers, forex brokers, hedge and crypto funds, and professional managers. The company’s advanced base of ready-to-use technical solutions enables brokers to save time and money on consuming infrastructure projects and focus on enlarging their client base and increasing their revenues.Requirements:Ensuring the fulfillment of the regulatory requirements and adherence to Applicant Firm standards and the DFSA rules and regulations;Implementing a Compliance Monitoring Program in accordance with the DFSA rules and regulations;Assessing the adequacy of the Compliance Monitoring Program on a continuous basis and conducting periodic monitoring as required to confirm compliance with regulatory requirements and internal policies and procedures;Reviewing the Internal Control System framework and proposing new procedures and controls as deemed adequate and updating the Applicant Firm’s Compliance Manual and other relevant internal policies vis-.-vis new regulations enacted by the authorities and new policies and trends, procedures, and controls adopted by the Applicant Firm as approved by the adequate governing bodies;monitoring Applicant Firm and Client’s transactions to ensure that no regulatory or ethics infringement occurs in assessing the suitability and appropriateness of transactions, providing the best execution, qualifying execution-only transactions, and avoiding conflicts of interest;engaging in compliance pre-checks regarding approval of account opening documents and Client Accounts’ maintenance including Suitability Analysis and Client Classification checks;Providing compliance advisory and updates on regulatory developments to the business;Preparing reports to be shared with the Senior Management and Board of Directors;Managing regulatory matters, including relationships and correspondence with regulators, regulatory examinations, implementation of new regulations, licensing, and regulatory filings;Executing risk assessments to identify potential risks and compliance issues in new services, products, and geographies;Reviewing contracts and agreements with third parties from a compliance perspective, securing the proper authorization and execution of such agreements; controlling that the terms of the agreements are complied with on an ongoing basis;Working with the business to maintain policies and procedures supporting a culture of integrity, compliance, and excellence and promote awareness and responsibility through training and regular communication;Providing training to all staff on compliance matters and keeping them informed of any changes in policies, procedures, systems and controls;Performing a follow-up on audits and inspections and assisting in investigations;Receiving and recording all complaints, undertaking initial investigation, and taking it to the Board of Directors where appropriate;Keeping a record of breaches of any legislation applicable in DIFC;Managing the investigation process arising from the key compliance systems, taking it to management, and disclosing it to the relevant authorities;Monitoring all open legal issues involving the Applicant Firm, and legal issues affecting the industry;Ensuring that the Applicant Firm complies with all legal and regulatory requirements.Responsibilities:Participating in key decisions as a senior team member;Maintaining in-depth relations with all members of the Board and Senior Management.Job Offer:Hybrid work environment.Opportunity to work from offices (depending on the location of the candidate).21 paid holidays.Amazing networking events within the group.Growth opportunities within the group.