Head of Compliance

Head of Compliance – Open Finance

Al Etihad Payments empowers employees to work in an environment that best promotes their productivity and well-being, while providing high-quality workplace and fantastic professional experience .

Get to Know Us

Al Etihad Payments is the UAE’s designated retail payments entity, dedicated to developing and operating world-class infrastructure, standards, and solutions for the UAE Economy. Al Etihad Payments is a subsidiary of the Central Bank of the UAE, strongly supported by the UAE Government.

Our employees are committed to work with licensed financial institutions and other payment service providers to foster innovation and deliver excellent financial services to all in the UAE, efficiently and without friction.

Al Etihad Payments supports the government’s objectives of a cashless society, national digitization, and the Central Bank of the UAE objective of being a top ten central bank globally.

Our Culture

We are a collaborative, diverse and passionate group of individuals that works as one team. We support one another, make impactful contributions to the organization, and develop and nurture meaningful connections across the payment’s ecosystem!

About the role

The Head of Compliance oversees the organizational compliance framework, ensures that the organization adheres to regulatory requirements, internal policies, and ethical standards, and manages all risks associated with regulatory breaches

What You’ll Do

• Design, implement, and monitor all relevant compliance policies and procedures applicable to the organization.
• Serve as the main point of contact for regulatory authorities
• Conduct compliance training and awareness programs for staff
• Establish transaction monitoring process
• Monitor customer on-boarding process, Financial Crime, Market Conduct and Sanctioning risks etc.
• Oversee investigations into compliance breaches and recommend corrective actions
• Monitor changes in regulations and ensure timely updates to policies
• Collaborate with business units to ensure compliance in all operations
• Report compliance activities and risks to senior management, executive committee, audit committee and the board
• Identify regulatory universe and obligation matrix applicable to the organization
• Ensure that risk of money laundry and terrorism financing are properly mitigated.
• Develop a Compliance monitoring plan and report on activities to the executive committee, audit committee and board

Minimum Qualifications

Technical and Behavioral Skills

What you can expect from us

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