Requirements
The ideal candidate will possess a Bachelor's degree in Business, Accounting, or Law, with strong experience in financial crime compliance, regulatory compliance, AML awareness, and risk management. Bilingual proficiency in English and Arabic is required, along with strong ethics, interpersonal skills, attention to detail, effective decision-making, communication, analytical, critical thinking, and presentation abilities. Experience with compliance risk assessments, risk-based compliance monitoring, and digital AI/automation initiatives is also essential.
Description
Job PurposeEnsure that Aldar is compliant with its regulatory compliance obligations, financial crime awareness and adherence to internal policiesSupport business functions achieve their objectives whilst striving for excellence in the spheres of compliance and riskRoles And ResponsibilitiesCompliance Organization Set-upPromote a strong culture of compliance, AML awareness, and ethical conduct across the organization.Support the continuous enhancement of the Financial Crime Compliance (FCC) framework, systems, and controls.Evaluate and support the implementation of digital, AI, and automation initiatives to enhance compliance processes.Monitor regulatory developments and assess their impact on the organization.Draft, review, and support the implementation of compliance policies, procedures, and regulatory documentation.Design and maintain risk-based compliance monitoring programmes and effective FCC controls.Support the implementation and continuous improvement of the Compliance Programme, including training and awareness initiatives.Partner with the VP – Compliance and business stakeholders to maintain an effective Compliance Programme and Regulatory Universe.Support the alignment of compliance activities with business objectives and the organization's risk management framework.Ensure effective data protection, confidentiality, and record retention practices within the Compliance function.Prepare reports, presentations, and management papers for senior management and governance forums.Monitoring and ReportingIdentify, investigate, and report compliance, AML, sanctions, ethics, and anti-bribery breaches, recommending appropriate corrective actions.Conduct compliance risk assessments and monitor the effectiveness of controls and mitigation actions.Coordinate with business stakeholders to support compliance objectives and regulatory requirements.Monitor compliance with applicable laws, regulations, and internal FCC policies.Prepare periodic compliance, AML, and regulatory reports for senior management and governance committees.Support regulatory inspections, audits, and engagements with regulators and external stakeholders.Maintain and periodically review the organization's Regulatory Universe.Monitor the implementation of corrective actions and escalate significant compliance matters to the VP and Head of Compliance.Promote compliance awareness and reinforce a strong compliance culture across the organization.Support the Compliance ProcessAct as the second line of defence to protect the organization from financial, regulatory, legal, and reputational risks.Serve as a key point of contact for internal stakeholders, regulators, auditors, and external service providers.Provide compliance guidance to business functions and support regulatory reviews and internal audits.Drive continuous improvement of compliance processes, controls, and technology-enabled solutions.Technical And Interpersonal SkillsBilingual English and Arabic (verbal/ written)Strong ethics, compliance and risk managementStrong interpersonal skills with attention to detail and effective decision-making abilitiesEffective communicator across all stakeholder groups.Analytical and critical thinking, with effective written abilityAdvanced presentation skillsQUALIFICATIONBachelor's degree Business/Accounting or Law DegreeWe may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.