Compliance Officer

About eToro: 

eToro has created an intuitive Social Trading platform that gives traders and investors access to global stock markets, commodity trading, cryptocurrency trading, and more. We strive to make money management available and accessible to everyone (even to users with no prior experience or knowledge). We have over 33 million users worldwide, and our platform is available in over 75 countries around the world. 

You can find out more about eToro here. 

With over 1500 employees worldwide, we have locations in the US, Cyprus, UK, Australia, Germany, and Israel, and we are constantly growing and expanding into new markets.  

We are constantly growing and are excited to share that we are looking for a Compliance Officer to join our team! 

We're looking for a Compliance Officer to work with the Head of Compliance in the day-to-day operation of the local compliance framework. The role will be responsible for assigned compliance activities and may hold an FSRA Approved Person position, subject to the applicable FSRA approval requirements. 

The Compliance Officer is responsible for assigned interactions and coordination with regulators, law enforcement and other competent bodies and authorities, and advises staff and senior management on relevant regulatory and internal compliance policy matters. 

What will you be doing?

This role requires an experienced compliance professional who will be responsible for assigned elements of localizing Group policies and procedures to ensure they are in line with ADGM regulations, and for implementing and operating an appropriate compliance monitoring program in coordination with the Head of Compliance and Group resources. A strong business focus is essential to develop our products and services in the UAE and the broader GCC region while enabling compliant business growth. 

As the Compliance Officer, you will work with the Head of Compliance and be responsible for: 

•  Executing assigned elements of the local compliance strategy and framework, and contributing to the development of local compliance team members as directed by the Head of Compliance 
• Carrying out assigned elements of the compliance monitoring plan, including monitoring, surveillance, and subsequent reviews. 
• Providing advice to staff and senior management on regulatory, policy, and procedural issues and their application 
• Handling assigned client inquiries, requests for information, and client complaints 
• Identifying, logging, and escalating compliance issues, policy and regulatory breaches, and assisting with their resolution 
• Reviewing and updating compliance policies and procedures, in line with regulatory changes 
• Preparing and coordinating the timely completion and filing of assigned regulatory and AML reports with the regulator 
• Preparing compliance management information for the Head of Compliance, SEO, Board, and Group Senior Management, and providing input on the regulatory implications of future business strategies 
• Staying up to date with regulatory developments both locally and internationally, with particular focus on FSRA policy updates, guidance from the Central Bank of the UAE, and international best practice, and escalating relevant developments 
• Partnering with the company's MLRO on the review and implementation of AML/CTF policies and on oversight of the Know Your Customer (KYC) and EDD review processes.
• Experience with digital assets is highly preferred.
• Remaining familiar with all AML processes and systems to ensure seamless coverage when coverage is required 
• Developing and maintaining a positive and constructive relationship with the regulators and responding promptly to any request for information made by the FSRA or any other competent authorities of the UAE 
• Delivering and coordinating compliance training across the business 
• Promoting a culture of compliance among all team members and business processes