Compliance Manager

1 Month ago • All levels

Job Summary

Job Description

The Compliance Manager will ensure compliance with DIFC/DFSA regulations, manage compliance risks, and uphold ethical conduct. This role involves developing policies, managing risks, and engaging stakeholders. Key responsibilities include regulatory compliance, acting as MLRO, supporting the wider IMEA Compliance team, developing compliance strategies, and fostering stakeholder relationships. The role offers a chance to shape compliance in a dynamic financial sector. You will acclimate to the company's framework, initiate new strategies, and implement a robust program.
Must have:
  • Experience as a Compliance Manager and MLRO in DIFC
  • Understanding of local regulations
  • Experience in financial or insurance sectors
  • Proficiency in risk assessment and management
  • Strong communication and problem-solving skills
Good to have:
  • Commitment to ethical conduct
  • Proactive approach to policy development
  • Collaborative mindset

Job Details

Company:

MMC Corporate

Description:

Join Our Team as a Compliance Manager in Dubai!

Position Overview:
We are on the lookout for a dedicated Compliance Manager to support our Marsh and Mercer businesses within the Dubai International Financial Centre (DIFC). This pivotal role is essential in ensuring compliance with DIFC/DFSA regulations, managing compliance risks, and upholding the highest standards of ethical conduct. As a Compliance Manager, you will play a crucial role in maintaining our reputation and integrity through proactive policy development, risk management, and stakeholder engagement.

Key Responsibilities:

  • Regulatory Compliance: Ensure compliance with DIFC/DFSA regulations, mitigating legal risks and enhancing operational integrity.
  • Compliance Leadership: Act as the Compliance Manager and Money Laundering Reporting Officer (MLRO) for both Marsh and Mercer entities regulated by the DFSA.
  • Regional Support: Collaborate with the wider IMEA Compliance team, ensuring adherence to both regional and global compliance standards.
  • Strategic Development: Develop and implement compliance strategies, conduct risk assessments, and initiate improvements to the compliance framework.
  • Stakeholder Engagement: Foster strong relationships with stakeholders to promote a culture of compliance and ethical conduct within the organization.

What You Can Expect:

  • Impact of the Role: Play a key role in shaping compliance within a dynamic, high-growth financial sector.
  • 30/60/90 Day Goals:
    • 30 Days: Acclimate tothe company's compliance framework and identify key improvement areas while developing stakeholder relationships.
    • 60 Days: Initiate new compliance strategies and conduct comprehensive risk assessments.
    • 90 Days: Implement a robust compliance program with visible enhancements.
  • Training and Development: Participate in an in-depth orientation with ongoing updates on regulatory changes and professional growth opportunities.
  • Business/Team Overview: Join a collaborative team focused on innovation and regulatory excellence in a fast-growing function.

Qualifications: Experience:

  • Proven experience as a Compliance Manager and MLRO in the DIFC, with a strong understanding of local regulations.
  • Relevant experience in the financial or insurance sectors, focusing on asset management, insurance, or wealth management.
  • Proficiency in risk assessment, management strategies, and adherence to compliance standards.
  • Strong communication and problem-solving skills to effectively engage with various stakeholders and resolve complex compliance issues under pressure.

What Makes You Stand Out:

  • A commitment to upholding the highest standards of compliance and ethical conduct.
  • A proactive approach to policy development and risk management.
  • A collaborative mindset, with the ability to work effectively within a team and engage with stakeholders at all levels.

Ready to make an impact? Apply now and be part of our journey towards excellence!

Marsh McLennan (NYSE: MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marshmclennan.com, or follow on LinkedIn and X.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, skin color, or any other characteristic protected by applicable law.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

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About The Company

Marsh McLennan (NYSE: MMC) is the world's leading professional services firm in the areas of risk, strategy and people. The Company's 76,000 colleagues advise clients in over 130 countries. With annualized revenue approaching $17 billion, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh advises individual and commercial clients of all sizes on insurance broking and innovative risk management solutions. Guy Carpenter develops advancedrisk,reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations meet the health, wealth and career needs of a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients.

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