Location: Dubai, UAE
About Us
RFS HR Consultancy is a leading executive search and recruitment agency that offers tailored recruitment solutions to businesses across the globe. Since 2016, our unique approach has allowed us to stand out in a highly competitive industry and provide customized services to companies of all sizes and industries.
About our Client
Our client is a leading organization in the UAE, committed to excellence in direct selling and financial services. With a strong emphasis on integrity, compliance, and best practices, the company is dedicated to maintaining high standards in all its operations. They are seeking a talented Compliance Manager to join their team and ensure adherence to all regulatory requirements and industry standards.
Key Responsibilities
- Create, review, and enforce policies and procedures to ensure compliance with legal and regulatory requirements specific to direct selling and financial services.
- Stay updated with changes in laws and regulations affecting these industries and integrate these changes into the compliance program.
- Conduct compliance risk assessment training workshops tailored to direct selling and financial services to educate staff on compliance issues and best practices.
- Develop and implement risk management strategies to mitigate potential compliance risks in these sectors.
- Conduct internal reviews and operational audits to ensure adherence to compliance standards within direct selling and financial services operations.
- Evaluate and enhance compliance systems, ensuring adequate software and tools are in place for effective monitoring and reporting.
- Prepare and present reports on compliance activities, findings, and recommendations to senior management.
- Serve as the point of contact for regulatory bodies related to direct selling and financial services, managing communications with external auditors during audits of internal controls.
- Conduct regular GAP analysis on new and updated controls and best practices in the industry to ensure continuous improvement in compliance standards.
- Assess potential fraud activities within direct selling and financial services operations and develop effective fraud detection tools and procedures.
- Follow up on compliance issues that require investigation and take necessary actions to resolve them.
Requirements
- Minimum of 3 years of experience in a compliance role, preferably within the direct selling or financial services sectors.
- Bachelor’s degree in Business Administration, Law, Finance, or a related field.
- Professional certifications such as a Graduate Diploma in Compliance and AML or CAMS certification are highly desirable.
- Strong knowledge of national and international laws, regulations, and industry standards related to direct selling and financial services.
- Excellent verbal and written communication skills.
- Analytical mindset with the ability to manage and prioritize tasks effectively.
- Proficiency in using compliance software and tools.
What our client offers:
Competitive salary and a comprehensive benefits package.