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Compliance Officer & MLRO - Asset & Investment Management

CapitexDubai, Dubai, United Arab Emirates
On-site Full-time

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Experience Level

Mid to Senior

Qualifications

Requirements4–8 years of compliance experience within asset management, investment management, private equity, or similar regulated environments. In-depth knowledge of DFSA rulebooks, DIFC regulatory processes, and AML/CFT obligations. Previous experience as CO/MLRO or Deputy CO/MLRO in a DFSA-regulated firm is highly desirable. Proficiency in designing, implementing, and maintaining compliance frameworks and monitoring plans. Exceptional analytical, communication, and stakeholder management skills.

About the job

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

An esteemed asset and investment management firm operating under DFSA regulations in the DIFC is in search of a seasoned Compliance Officer & Money Laundering Reporting Officer (CO/MLRO). This pivotal role involves leading our compliance and AML/CFT framework, ensuring adherence to the strictest regulatory standards.

The ideal candidate will possess extensive experience in asset management, investment management, private equity, or a related financial services realm, complemented by a profound understanding of DFSA regulations and the regulatory landscape of the DIFC.

Key Responsibilities

Regulatory Compliance (DFSA Focus)

  • Develop, implement, and oversee the compliance framework in line with DFSA Rulebooks, including GEN, AML, COB, PIB, and CIR as applicable.
  • Ensure all firm policies, procedures, and governance documents align with DFSA standards.
  • Prepare, review, and submit periodic regulatory returns, notifications, and filings to the DFSA.
  • Monitor regulatory developments and implement necessary updates throughout the organization.

MLRO Responsibilities

  • Serve as the firm’s appointed MLRO, overseeing all AML/CFT obligations under DFSA and UAE Federal requirements.
  • Manage KYC/CDD processes, onboarding risk assessments, and ongoing monitoring of clients and counterparties.
  • Conduct investigations and file STR/SAR reports with the UAE FIU as required.
  • Facilitate AML/CFT and financial crime training throughout the organization.

Monitoring, Assurance & Governance

  • Design 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.
  • Collaborate with DFSA supervisors, internal auditors, and external consultants.

About Capitex

Capitex is a distinguished asset and investment management firm located in the heart of Dubai International Financial Centre (DIFC). We pride ourselves on our commitment to compliance and regulatory standards, ensuring a secure and effective investment environment for our clients.

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