Compliance Officer and MLRO

The Apex Group was established in Bermuda in 2003 and is now one of the world’s largest fund administration and middle office solutions providers. Our business is unique in its ability to reach globally, service locally and provide cross-jurisdictional services. With our clients at the heart of everything we do, our hard-working team has successfully delivered on an unprecedented growth and transformation journey, and we are now represented by over circa 13,000 employees across 112 offices worldwide.

Your career with us should reflect your energy and passion. That’s why, at Apex Group, we will do more than simply ‘empower’ you. We will work to supercharge your unique skills and experience. Take the lead and we’ll give you the support you need to be at the top of your game. And we offer you the freedom to be a positive disrupter and turn big ideas into bold, industry-changing realities.

For our business, for clients, and for you

Compliance Officer and MLRO
Role

Location:

Abu Dhabi
Employment Type: Permanent
Reporting line: Reports into the Regional Compliance Officer – Middle East

Role and

Responsibilities include:


Setting, establishing and monitoring adherence to processes, policies and procedures to meet compliance, legal and regulatory requirements.

• Overseeing licensing requirements and regulatory obligations while ensuring that compliance activity takes account of all relevant legislation and ADGM/FSRA/SCA related activities;
• Review of compliance and internal control operations and ensuring that they are in adherence with the firm’s and Apex Group’s Policies and Procedures;
• Ensuring the effective implementation of the Compliance Monitoring Programme and performing monitoring activities;
• Ensuring that non-compliant findings are tracked with the respective business function managers until resolved;
• Reporting to and liaising with the SEO, Regional Compliance Officer and the Board as required, on compliance related matters;
• Preparing and submitting compliance reports to management and various committees and governance structures within the Apex Group;
• Preparing and submitting reports to regulatory authorities;
• Keeping up-to-date with all relevant laws and regulations and communicating regulatory changes and developments to senior management and staff;
• Providing advice, and assistance where relevant, to senior management and staff on Apex Group compliance-related matters;
• Setting strategy for managing the relationship with the Regulator(s) and for all operational aspects of it, including visits and reporting;
• Handling communications with the Regulator(s), obtaining approvals as required, notifying the Regulator as required for all compliance-related matters;
• Maintaining a register of PEPs, High Risk clients and investors; complaints, conflicts of interest, compliance and data breaches, and actively manage adherence to the complaints process and mitigation of breaches;
• Providing assistance and support in satisfying staff training and development needs and plans to new regulations and legislation;
• Preparing training material and deliver training in compliance with regulatory obligations and business procedures;
• Oversight and management of the regulatory risks within the business;
• Acting as the firm’s MLRO, establishing and maintaining the firm’s Anti Money Laundering policies, procedures, systems and controls in compliance with the Regulatory Anti Money Laundering rules and all relevant legislation applicable in the jurisdiction and Group Apex Policies;
• Monitoring suspicious transactions, identify potential sanctions and submit reporting as required;
• Promoting a positive compliance culture through engagement with staff;
• Handling other ad-hoc compliance-related projects that may be assigned from time to time;
• Ensure that the firm adheres to data protection requirements, staff are informed about their obligations and responsibilities and raise awareness about them;
• Give advice and recommendations to the firm about the interpretation or application of the data protection rules;
• Monitor that a register of processing operations is maintained by the firm;

• Financial services experience…