Compliance Officer & MLRO – DFSA Regulated Firm (Asset & Investment Management)
Location:
Dubai International Financial Centre (DIFC)
Employment Type:
Full-Time
Seniority:
Mid–Senior Level
About the Opportunity
A DFSA-regulated asset and investment management firm in the DIFC is seeking an experienced
Compliance Officer & Money Laundering Reporting Officer (CO/MLRO)
to lead its compliance and AML/CFT framework.
The successful candidate must have strong experience in
asset management, investment management, private equity, or related financial services , with a solid understanding of DFSA regulations and DIFC regulatory expectations.
Key Responsibilities
Regulatory Compliance (DFSA Focus)
Maintain and oversee the compliance framework in accordance with
DFSA Rulebooks , including GEN, AML, COB, PIB, and CIR as relevant.
Ensure the firm’s policies, procedures, and governance documents meet DFSA standards.
Prepare, review, and submit periodic regulatory returns, notifications, and filings to the DFSA.
Track regulatory changes and implement required updates across the business.
MLRO Responsibilities
Act as the firm’s
appointed MLRO , responsible for all AML/CFT obligations under DFSA and UAE Federal requirements.
Oversee KYC/CDD, onboarding risk assessments, and ongoing monitoring of clients and counterparties.
Conduct investigations and file
STR/SAR reports
to the UAE FIU as required.
Deliver AML/CFT and financial crime training across the firm.
Monitoring, Assurance & Governance
Develop and execute the firm’s
Compliance Monitoring Plan (CMP).
Lead periodic internal compliance reviews and risk assessments.
Conduct due diligence on investors, service providers, and counterparties.
Provide compliance and AML guidance to senior management and committees.
Liaise with DFSA supervisors, internal auditors, and external consultants.
Requirements
4–8 years of compliance experience within asset management, investment management, private equity, or similar regulated environments.
Strong knowledge of
DFSA rulebooks , DIFC regulatory processes, and AML/CFT obligations.
Prior experience as CO/MLRO or Deputy CO/MLRO in a DFSA-regulated firm is highly desirable.
Ability to design, implement, and maintain compliance frameworks and monitoring plans.
Strong analytical, communication, and stakeholder management skills.
Professional certifications such as
CAMS, ICA, CFA, or similar
are a plus.
What We’re Looking For
A proactive and commercially aware compliance professional.
Someone confident working in a boutique or mid-sized investment environment.
An individual capable of balancing regulatory expectations with business practicality.
