FAQs
What is the location of the Compliance Manager position?
The Compliance Manager position is located in Dubai, United Arab Emirates.
Who will the Compliance Manager report to?
The Compliance Manager will report to the Vice President, Head of Compliance & MLRO, with a dual reporting line to the Senior Executive Officer of State Street Global Advisors Limited at the DIFC branch.
What are the main responsibilities of the Compliance Manager?
The main responsibilities include assisting the Middle East Compliance Team with compliance and AML support, promoting a culture of compliance, providing day-to-day support, and serving as the Deputy Money Laundering Reporting Officer.
What specific duties will the Compliance Manager have?
Specific duties include supporting the design and execution of the compliance program, conducting risk assessments, delivering oversight programs, producing reports for senior management, and managing the compliance policy framework.
What skills are required for this Compliance Manager role?
Skills required include knowledge of UAE Federal AML, DFSA regulatory regimes, asset management experience, detail orientation, strong critical thinking, problem-solving skills, and a proven track record of developing compliance programs.
Is there a focus on regulatory compliance in this position?
Yes, there is a significant focus on regulatory compliance, including the assessment of compliance risks, executing regulatory oversight programs, and ensuring adherence to DFSA and CMA rules.
Will the Compliance Manager participate in external regulatory forums?
Yes, the Compliance Manager will participate in and attend external regulatory forums and groups to engage with peers, industry bodies, and regulatory authorities.
Does this role involve training and education responsibilities?
Yes, the Compliance Manager will identify training needs and facilitate the implementation of compliance and AML training for relevant staff.
What is the importance of developing relationships with the Middle East business in this role?
Developing relationships with the Middle East business is important for providing advisory support, resolving compliance issues, and ensuring timely closure of compliance matters.
Is there an expectation to produce written reports for Senior Management?
Yes, the Compliance Manager is expected to produce written reports indicating progress on the Compliance and AML program and highlighting any significant matters requiring attention.