hero

Accelerate your career.

Explore opportunities across TA's portfolio

Risk and Compliance Officer MLRO

Apex Group Ltd

Apex Group Ltd

Legal
Abu Dhabi - United Arab Emirates
Posted on Friday, July 5, 2024

Description

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.
RISK AND COMPLIANCE OFFICER AND MLRO
Role Location: Abu Dhabi
Employment Type: Permanent
Reporting line: Reports into the Regional Compliance Officer – Middle East
Must speak Arabic.

Role and Responsibilities include:
Setting, establishing and monitoring adherence to processes, policies and procedures to meet -
risk, compliance, legal and regulatory requirements.
Responsibilities:
RISK OFFICER
• Oversight, management and reporting of the risks within the business, including
regulatory risks;
• Support and oversight of the effective implementation of the Apex Group Risk
Management framework in line with best practices and regulatory expectations;
• Support and oversight of the adoption and implementation of related policies,
procedures, systems, and controls;
• Support and oversight of Incident Management, including escalation, recording and
reporting;
• Support and oversight of the implementation and monitoring of risk appetite and aligned
risk metrics related to the business activity and methodologies;
• Oversight, monitoring and review of Entity level risk assessment and Entity risk and
control profile (register);
• Represent the business at the Entity Audit and Risk Committee, including Incident
Reporting and effective Oversight;
• Outsourcing monitoring and effective oversight of outsourced activities;
• Building risk awareness amongst staff by supporting Risk training initiatives.

COMPLIANCE OFFICER and MLRO
• Overseeing licensing requirements and regulatory obligations while ensuring that
compliance activity takes account of all relevant legislation and SCA related activities;
• Preparing and submitting reports to regulatory authorities and handling communications
and requests from the Regulator(s) as required;
• Receiving and acting upon any relevant findings, recommendations, guidance, directives,
resolutions, sanctions, notices or other conclusions described by the Regulator;
• Keeping up-to-date with all relevant laws and regulations and communicating regulatory
changes and developments to senior management and staff;
• Review of the compliance and internal control framework and ensuring that they are in
adherence with the firm’s and Apex Group’s Policies and Procedures and all applicable
legislation;
• 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;
• Preparing and submitting Compliance and AML reports to management and various
committees and governance structures within the Apex Group;
• Providing advice, and assistance where relevant, to senior management and staff on
Apex Group compliance-related matters;
• Maintaining a register of complaints, conflicts of interest, compliance and data breaches,
and actively manage adherence to the complaints process and mitigation of breaches;
• Preparing training material and deliver training in Compliance and AML matters;
• 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;
• Assuming the role of Deputy MLRO for Apex Group entities within the UAE as required.
• Performing requisite AML-related risk assessments and due diligence checks;
• Monitoring suspicious transactions, identify potential sanctions and submit reporting as
required;
• Reporting to and liaising with the SEO, Regional Compliance Officer and the Board as
required, on Compliance and AML-related matters; and
• Promoting a positive compliance culture through engagement with staff via training and
mentorship.

DATA PROTECTION OFFICER
• Act as the contact person for all Data Subjects and with the relevant Data Protection
Commissioner;
• Keeping up-to-date with the relevant data protection regulations;
• Monitor the Firm’s compliance with the Data Protection Law and any other data
protection or privacy-related law or regulation;
• Advise in relation to the Firm’s data protection impact assessment(s) and data matrix;
• Analysis of cross border transfers of confidential information;
• Analysis of privacy aspects in all relevant procedures and policies applied by the Firm;
• Analysis of data events and breaches;
• Implementation of Apex Group’s Data Privacy and Data Protection Policy
• Providing guidance to senior management and employees on data protection-related
matters; and
• Maintaining firm records and registers as required.

Requirements:
• UAE Resident.
• Financial services experience of 5 to 7 years working within a regulated financial
environment.
• Understanding of the relevant regulations in Abu Dhabi and International AML Laws.
• Relevant professional qualifications e.g. AML, CDD, Compliance, Risk, or equivalent.
• Experience in Customer Due Diligence (CDD/KYC) on various international corporate
structures and risk profiles.
• Excellent communication and organisational skills.
• Solutions driven critical thinking team player, with the ability to adapt to change
Additional information:
We are an equal opportunity employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnicity, age, sexual orientation, socio-economic, responsibilities for dependants, physical or mental disability. Any hiring decision are made on the basis of skills, qualifications and experiences.
We measure our success as a business, not only by delivering great products and services and continually increasing our assets under administration and market share, but also by how we positively impact people, society and the planet.
For more information on our commitment to Corporate Social Responsibility (CSR) please visit https://theapexgroup.com/csr-policy/