Compliance Officer, Investment Management

Description

byteSpark.ai is supporting a Dubai-based investment management client to hire a Compliance Officer. The successful candidate will support the compliance framework of a regulated investment business. Direct hands-on compliance responsibility within an asset manager, fund manager, private equity firm, family office, wealth manager, investment company, or comparable regulated investment business is required, including responsibility for its funds, investment products, or investors. General commercial banking, exchange-house, payments, virtual-asset, or FX/CFD brokerage AML experience alone is not sufficient unless it included this direct investment-related compliance responsibility. Responsibilities include investor and client onboarding reviews covering KYC, CDD, EDD, beneficial ownership, source of wealth and funds, sanctions, PEPs, and adverse media. The role also covers higher-risk investors and complex ownership structures; risk-based monitoring, thematic reviews and control testing; issue tracking and remediation; and maintaining policies, procedures, registers, regulatory filings and management reports. The Compliance Officer will advise investment, operations and senior management teams on UAE and GCC regulatory obligations, support AML/CFT training and regulatory change, and assist with audits, inspections and external communications. Professional English, sound judgment, attention to detail and the ability to manage day-to-day compliance work independently are required. Arabic is strongly preferred but is not required.

Who is this role for

Requirements

• At least five years of hands-on compliance experience, including responsibility for day-to-day compliance activities.
• Direct hands-on compliance responsibility within an asset manager, fund manager, private equity firm, family office, wealth manager, investment company, or comparable regulated investment business, including responsibility for its funds, investment products, or investors. General banking, exchange-house, payments, virtual-asset, or FX/CFD brokerage AML experience alone is not sufficient.
• Professional fluency in English is required. Arabic fluency is strongly preferred but is not required.
• Practical AML/CFT experience covering KYC, CDD, EDD, UBO verification, source of wealth, source of funds, sanctions, PEPs, adverse media, transaction monitoring, and suspicious activity escalation.
• Working knowledge of UAE or GCC financial regulatory frameworks, with exposure to SCA, DFSA, FSRA, DIFC, or ADGM requirements.
• Experience conducting compliance risk assessments, risk-based monitoring, control testing, thematic reviews, issue documentation, and remediation tracking.
• Experience maintaining or developing compliance policies, procedures, internal controls, registers, regulatory filings, and management reports.
• Experience reviewing investment-sector clients or structures, such as funds, institutional investors, investment companies, professional clients, HNWIs, or complex legal entities.

Desirable

• CAMS, ICA, or another recognized compliance, AML, or financial crime qualification.
• Experience supporting regulatory inspections, external audits, licensing submissions, or responses to UAE financial regulators.
• Knowledge of suitability, appropriateness, conflicts of interest, client assets, investment conduct, or fund governance controls.
• Experience preparing compliance reports for Boards, committees, senior management, or regulated function holders.
• Experience implementing regulatory change or improving compliance processes, systems, or controls.