Exclusive: Head Of Compliance & Risk – Held Uk Smf ; Or CfIn Investment Mgt​/Ban

Overview

EXCLUSIVE: HEAD OF COMPLIANCE & RISK – MUST HAVE HELD UK SMF 16 (OR CF10) IN INVESTMENT MGT/BANKING OR SECURITIES TRADING

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We are exclusively recruiting for a leading Broker Dealer in Abu Dhabi, which offers multi asset trading globally, custody solutions & prime brokerage, to Institutions & Hedge Funds as well as Family Office & HNWI’s. They are seeking a Head of Compliance & Risk to act as the firm’s approved senior executive responsible for compliance and risk oversight under ADGM/FSRA rules, with direct accountability to the Board and the FSRA, whist detailed duties will include;

• Act as the firm’s designated Head of Compliance and Risk under FSRA requirements.
• Maintain compliance with FSRA Rulebooks, ADGM regulations, AML/CFT obligations, Market Abuse and Conduct of Business rules.
• Serve as primary liaison with the FSRA, managing regulatory submissions, enquiries, inspections and investigations.
• Establish and oversee the firm-wide Risk Management Framework.
• Provide compliance and risk oversight across Equities, Fixed Income, FX and Funds, including settlement processes.
• Report regularly to the Board and relevant committees.

You should be a graduate (or else have ICA, CISI, ACAMS or UK professional qualifications) with at least 10 years experience in Financial Services Compliance and have held SMF 16 in the UK (or CF 10 previously) with extensive experience liaising with regulators and handling enquiries. You should have strong product knowledge across Equities, Fixed Income, FX & Funds and experience of equity and fixed income settlement processes (with basic knowledge of stock lending) whether gained from a Buy or Sell side firm.

Also as FRSA rules are very similar to FCA regulations no local knowledge needed (and as no retail clients, AML responsibilities are limited).

Although the main office are in Abu Dhabi the firm operates a 3d pw hybrid policy so it would be easy to live in Dubai and commute on those days (around one hour from south of Dubai) whilst benefits include tax-free salary (worth at least £200K UK Gross), discretionary bonus, housing allowance, private medical, full relocation package and annual family return flights to the UK.

NB We have been recruiting in the UAE since 2005 whilst I have visited both Abu Dhabi & Dubai many times, so very happy to discuss lifestyle including cost of living with suitable applicants (and explain the onshore/offshore regulatory structures if not yet familiar with). So, if that sounds like you, then please send your details to our MD, David Symes FCA, at da (including contact no) however please note we cannot reply to all applications so only successful applications will be contacted (although under no circumstances are your details ever passed on without your specific permission).

Compliance Recruitment Solutions Limited (CRS) are acting as an employment agency in relation to this role.