Employment Status
Part-time initially, with transition to full-time
Role Overview
We are seeking a highly skilled and experienced
Compliance Officer
to oversee our regulatory obligations within the
Contracts for Difference (CFD) and derivatives sector
, ensuring full compliance with the regulations and requirements of the
UAE Securities and Commodities Authority (SCA)
.
The Compliance Officer will be responsible for developing, implementing, and maintaining the firm's compliance framework in accordance with
SCA regulations, UAE federal laws, and regulatory circulars
, ensuring CBCX meets all licensing, governance, and ongoing regulatory obligations.
This role will initially be offered on a
part-time basis
, reflecting the current stage of the firm's operations. Subject to business growth, regulatory requirements, and performance, the role is
intended to transition to full-time employment
. During the part-time phase, the role holder will retain full accountability for compliance and regulatory oversight in line with SCA expectations.
The position involves close collaboration with senior management, Risk, Legal, Finance, and Operations teams, as well as direct engagement with regulators.
Key Responsibilities
1. Participate in Regulatory Compliance & Oversight
* Ensure the firm's full compliance with all applicable
SCA regulations, rules, and circulars
governing CFD and derivatives activities.
* Maintain up-to-date knowledge of the
SCA regulatory framework
, including licensing conditions, governance requirements, and ongoing compliance obligations.
* Monitor regulatory developments and proactively update internal policies, procedures, and controls.
* Ensure compliance with approved activities, regulatory permissions, and licence conditions imposed by the SCA.
2. CFD Product & Client Compliance
* Oversee compliance relating to CFD and derivatives products, including:
* Leverage and margin requirements
* Risk disclosures
* Client suitability and appropriateness assessments
* Ensure compliant
client onboarding, classification, and documentation
for retail, professional, and institutional clients.
* Review and approve all
marketing, advertising, and client communications
to ensure they are fair, clear, not misleading, and compliant with SCA financial promotion rules.
3. Anti-Money Laundering (AML) & Financial Crime
* Ensure full compliance with
UAE AML and CTF legislation
, including:
* Federal Decree-Law No. 20 of 2018
* Cabinet Resolution No. 10 of 2019
* Relevant SCA AML regulations and guidance
* Act as the
Money Laundering Reporting Officer (MLRO)
where required.
* Oversee KYC, CDD, EDD, sanctions screening, and ongoing monitoring processes.
* Identify, assess, and mitigate financial crime risks related to CFD trading activities.
* Ensure timely submission of
Suspicious Transaction Reports (STRs)
to the UAE Financial Intelligence Unit (goAML).
4. Monitoring & Regulatory Reporting
* Design and implement a
risk-based compliance monitoring programme
covering:
* Market conduct
* Client fund protection
* Conflicts of interest
* Market abuse and manipulation risks
* Prepare and submit required
regulatory reports, notifications, and filings
to the SCA.
* Escalate material breaches, incidents, or regulatory risks to senior management and regulators in accordance with reporting obligations.
5. Internal Policies, Governance & Controls
* Develop, implement, and maintain compliance policies and procedures covering:
* Regulatory compliance
* Conduct risk
* AML / CTF
* Conflicts of interest
* Ensure policies are embedded across all departments, particularly sales, trading, and client-facing teams.
* Conduct periodic compliance reviews, audits, and risk assessments, and oversee remediation actions where gaps are identified.
6. Training & Awareness
* Design and deliver ongoing
compliance and AML training programmes
in line with SCA expectations.
* Ensure employees understand their regulatory responsibilities, including client protection, AML, and market conduct.
* Maintain accurate training records for regulatory inspection purposes.
7. Regulatory Relationship Management
* Act as the primary point of contact with the
Securities and Commodities Authority (SCA)
.
* Manage regulatory inspections, supervisory reviews, and information requests.
* Respond promptly and comprehensively to regulatory queries and findings.
8. Risk Management
* Monitor and assess compliance and regulatory risks associated with the firm's CFD business.
* Work closely with Risk Management and senior management to ensure the firm's risk framework aligns with SCA requirements.
* Support the implementation of controls to manage client exposure, leverage risk, and operational risk.
Employment Arrangement
* This role will
initially be part-time
, aligned with the firm's current operational scale.
* The firm intends to transition the role to
full-time employment
as business activity increases and regulatory requirements expand.
* The role holder will be fully accountable for compliance and AML responsibilities during both phases, in accordance with
SCA expectations for key control functions
.
Key Skills & Qualifications
Education & Professional Qualifications
* Bachelor's degree in
Law, Finance, Economics
, or a related field.
* Professional certifications such as
ICA, CAMS, CISI
, or equivalent are highly preferred.
Experience
* Minimum
6 years' experience
in compliance within the financial services sector.
* Strong background in
CFDs, derivatives, brokerage, or margin trading
.
* Prior experience working with
SCA-regulated entities or UAE onshore financial institutions
is highly desirable.
Regulatory Knowledge
* In-depth understanding of:
* SCA regulations and circulars
* UAE AML / CTF laws
* Client onboarding and financial promotion rules
* Market conduct and client protection requirements
Skills & Attributes
Skills
* Strong analytical and regulatory interpretation skills
* Excellent communication and stakeholder management abilities
* High attention to detail and strong organisational skills
* Ability to manage multiple priorities in a regulated environment
Attributes
* High ethical standards and professional integrity
* Proactive and risk-focused mindset
* Adaptability to regulatory change
* Collaborative team player across Legal, Risk, Finance, and Operations
Job Type: Part-time
Pay: AED7, AED18,364.00 per month
Expected hours: 25 – 35 per week
Application Question(s):
* Do you have valid right to work in UAE