Compliance MLRO

Compliance Officer & Money Laundering Reporting Officer / Data Protection

The Role: The role will cover the Authorised CO/MLRO and DPO responsibilities for Compliance solutions in the DIFC, regulated by the DFSA and Corporate Services regulated in the ADGM.

COMPLIANCE OFFICER:-

The role of the Compliance Officer will include the following responsibilities and tasks:-

• Liaising with the DFSA and ADGM for compliance-related matters and attending to required reporting
• Keeping up-to-date with the relevant DFSA and ADGM rules, regulations and requirements
• Review of compliance and internal control procedures and ensuring that they are in adherence with the firm’s Compliance and other manuals, as well as all applicable legislations
• Ensuring that the firm’s Compliance Manual and related documents are kept up-to-date
• Providing guidance (and assistance where relevant) to senior management and employees of the firm on DFSA compliance-related matters
• Administering firm policies in relation to managing conflict of interests, personal account transactions, use of marketing material, etc.
• Overseeing staff awareness and training on compliance matters; providing necessary compliance related training to employees and assist in enhancing compliance culture at the firm
• Handling communications with the Authorities, obtaining approvals as required, notifying the Authorities as required for all compliance-related matters
• Overseeing submission of regulatory returns by the firm
• Maintaining firm records and registers as required under applicable rules and regulations, including, without limitation, registers in relation to breaches, complaints, suspicious transactions, training, etc.
• Reporting to and liaising with the SEO, Regional Compliance Officer and the Board as required, on compliance related matters; management of the firm’s internal and external compliance reporting processes
• Implementing and updating the firm’s Compliance Monitoring Programme
• Monitoring, as relevant, compliance by the clients that the firm administers with applicable rules and regulations and other international guidelines and regulations; and
• Handling other ad-hoc compliance-related projects that may be assigned from time to time.
• Promoting a positive compliance culture through engagement with staff through training and mentorship apexgroup.com

MONEY LAUNDERING REPORTING OFFICER:

The role of the Money Laundering Reporting Officer will include the following responsibilities and tasks:-

• Establishing and maintaining relevant systems, controls and policies in relation to anti[1]money laundering laws applicable to the firm
• Providing relevant AML training to the employees of the firm
• Completing and submitting all regulatory reporting
• Managing and completing any Regulatory related remediation as required
• Reviewing and updating the firm’s AML manual as required
• Performing requisite AML-related risk assessments and due diligence checks
• Reporting to and liaising with the SEO, Regional Compliance Officer and the Board as required, on AML-related matters; management of the firm’s internal and external compliance reporting processes
• Receiving and acting upon any relevant findings, recommendations, guidance, directives, resolutions, sanctions, notices or other conclusions described in DFSA/ADGM Rulebooks.
• Acting as point of contact for internal and external Suspicious Transaction reports; and liaising with the DFSA/ADGM and other relevant authorities, as may be required, in relation to the firm’s AML matters.

DATA PROTECTION OFFICER:-

The role of the Data Protection Officer will include the following responsibilities and tasks:-

• Act as the contact person for all Data Subjects
• Act as the contact person with the DIFC/ADGM Data Protection Commissioner
• Keeping up-to-date with the relevant DIFC and DFSA/ADGM data protection regulations
• Monitor the entity’s compliance with the Data Protection Laws and any other data protection or privacy-related law or regulation
• Advise in relation to the entity’s data protection impact assessment(s) and data matrix
• Reporting to the Group Head of Data Protection
• Analysis of cross border transfers of confidential information
• Analysis of privacy aspects in all relevant procedures and policies applied
• Analysis of data events and breaches
• Implementation of Apex Group’s Data Privacy and Data Protection Policy (as amended)
• Participation in projects covering privacy aspects
• Communication and training to relevant employees and senior management
• Execution and reporting of data protection tasks established by the Group Head of Data Protection
• Coordination of other efforts to promote personal data privacy and security, as and when requested
• Providing guidance to senior management and employees on data protection-related matters
• Maintaining firm records and registers as required