Compliance Manager/MLRO

Get AI-powered advice on this job and more exclusive features.Cavenwell Group is an international corporate and fiduciary services provider headquartered in Dubai, United Arab Emirates. Launching in 2022, we now work with a diverse range of clients and client structures across multiple jurisdictions including the DIFC, ADGM, Cayman Islands, British Virgin Islands & Crown Dependencies.In response to increasing demand from our clients for regulatory compliance & licensing support, we’re now looking to hire a Regulatory Compliance Consultant & MLRO to assist clients with regulatory licensing applications and ongoing compliance support for DIFC, ADGM and SCA authorisations as well as taking on MLRO responsibilities for Cavenwell Group member entities.As an owner managed business, we have a strong entrepreneurial culture which is more aligned with that of a tech business than a traditional financial services firm. We leverage the latest technology with sophisticated software applications that use automations to achieve efficiencies, so that means you’ll be working with systems that look and feel like your latest phone apps rather than Windows 98.At Cavenwell we focus on outcomes, not billable hours. Creating an environment where you’re encouraged to provide feedback and contribute to change as we continuously strive to perform at highest abilities as a business and as individuals.Roles and responsibilities Oversee the creation and implementation of client policies, procedures, systems, and controls to ensure compliance with applicable regulatory requirements.Draft internal and client-facing compliance and AML policies and procedures aligned with legal and regulatory obligations.Identify compliance, AML, and counter-terrorist financing risks, and recommend improvements to control frameworks.Design and implement compliance monitoring programmes tailored to client and internal risk profiles.Act as outsourced MLRO and/or Compliance Officer for authorised financial services firms, providing ongoing regulatory support.Assist clients with the preparation of regulatory business plans and application forms for new authorisations.Liaise with regulatory authorities including the FSRA, DFSA, SCA, and other relevant bodies on behalf of clients and Cavenwell Group.Work collaboratively with an entrepreneurial team to develop innovative, tech-enabled solutions for effective risk management.Administer and maintain Cavenwell’s internal compliance monitoring plan, ensuring findings are reported to the Board with clear recommendations.Provide advisory support to first-line teams (e.g., Client Managers and Operations) on compliance matters and regulatory queries.Prepare and submit annual and ad hoc compliance reports to the DFSA, FSRA, and other authorities as required.Receive, review, and escalate Suspicious Activity Reports (SARs), and report externally to the UAE Financial Intelligence Unit (FIU) as appropriate.Oversee compliance and AML training requirements across the firm, ensuring mandatory staff certifications and training records are up to date.Support internal governance through active participation in compliance and risk committees, contributing to policy planning and horizon scanning.Ensure continuous alignment of internal compliance frameworks with regulatory changes, industry best practices, and Cavenwell’s growth strategy.Looking for someone who Is well-organised, pro-active, diligent and detail oriented.Has strong communication skills, must be fluent in English.Knowledge of and experience with DFSA/FSRA/SCA regulatory regimes Has previously held MLRO/CO roles in DFSA/FSRA/SCA authorised firms Must have previously contributed to new authorisation applications and has ideally supported multiple licensees in a consulting capacity Has an entrepreneurial drive and desire to be a meaningful part of a high growth business Experience and Education At least 3-5years experience in a compliance advisory role in the UAE supporting applicants or in-house at a DFSA/FSRA/SCA authorised firm ICA/ACAMS qualification strongly preferred Seniority level Seniority level Mid-Senior level Employment type Employment type Full-time Job function Job function Legal Referrals increase your chances of interviewing at Cavenwell Group by 2x Sign in to set job alerts for “Compliance Manager” roles.Assistant Compliance Manager - Sanctions (Emiratization)Assistant Manager Regulatory Compliance Advisory We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. #J-18808-Ljbffr