Director, Compliance

Company Description

We’re a leading Investor Services group offering end-to-end services in administration, accounting, reporting, regulatory and compliance needs of the investment sector worldwide.  We employ a global workforce of 6,500+ people across 24 jurisdictions and have assets under administration (AUA) exceeding US$857 billion. We work with 13 of the world’s top-15 private equity firms. 

Our services are underpinned by a Group-wide commitment to ESG and best-in-class technology including a global data platform and innovative proprietary tools supported by in-house experts. 

Above all, what makes us different is our people. Operating as trusted partners to our clients, we deliver intelligent solutions through a combination of technical expertise and strong relationships based on deep client understanding. 

We’re driven by our Group purpose, to power people and possibilities. 

Job Description

The Client Compliance Services department assists client companies of IQ EQ (DIFC) Global Services Limited in DIFC and IQ EQ Middle East Services Limited in ADGM (IQ-EQ UAE) in the following matters:

• Structuring of regulated financial services companies (selection of appropriate license activities considering client’s desired business model as well as available human and financial resources);
• Assistance in authorisation applications in DIFC and ADGM financial free zones, as well as with other regulators (UAE CB, CMA etc.) leading the process end-to-end (except for the legal part such as drafting legal agreements or in case of a fund manager, fund’s documentation);
• Compliance support of licensed firms in ADGM and DIFC, including provision of officers or deputies for the roles of:
  • Compliance Officer
  • Money Laundering Reporting Officer
  • Risk Officer
  • Data Protection Officer
• Ad-hoc advisory and assistance to regulated firms such as compliance health check, support during a regulatory risk assessment/audit, license variation etc.
• Clients support in data protection matters (policy, procedures, training, answers on the registrar’s portal, handling a breach report etc.).

As a leader of the regulatory compliance team of IQ-EQ UAE, the Director – Client Compliance shall have supervisory responsibilities for the Client Compliance Unit team, monitor their daily tasks and to coach them, with the following responsibilities.

Qualifications

• A degree from reputable university, preferably in the field of law, finance or financial services or directly related to compliance functions.

• At minimum of 8-10 years’ experience in the financial services sector with the minimum of 5 years experience in regulatory compliance.
• Preferred experience at a senior level of at least 2-3 years in consulting firms.

• Experience as DFSA and/or FSRA approved Compliance Officer and Money Laundering Reporting Officer.

Additional Information

Sustainability is integral to our strategy and operations. Our sustainability depends on us building and maintaining long-term relationships with all our stakeholders – including our employees, clients, and local communities – while also reducing our impact on our natural environment.  

There is always more we can, and should do, to improve – whether in relation to our people, our clients, our planet, or our governance. Our ongoing success as a business depends on our sustainability and agility in a changing and challenging global landscape. We’re committed to fostering an inclusive, equitable and diverse culture for our people, led by our Diversity, Equity, and Inclusion steering committee. 

Our learning and development programmes and systems (including PowerU and MyCampus) enable us to invest in growing our employees’ careers, while our hybrid working approach supports our employees in achieving balance and flexibility while remaining connected to their colleagues. We want to empower our 6,500+ employees - from 94 nationalities, across 24 countries - to each achieve their potential.  Through IQ-EQ Launchpad we support women managers launching their first fund, in an environment where only 15% of all private equity and venture capital firms are gender balanced. 

We’re committed to growing relationships with our clients and supporting them in achieving their objectives. We understand that our clients’ sustainability and success lead to our sustainability and success. We’re emotionally invested in our clients right from the beginning.  

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