Head of Compliance / MLRO (SVF) - Capital
View Company Profile- Job Title
- Head of Compliance / MLRO (SVF)
- Job Location
- Dubai, United Arab Emirates
- Job Description
- We are a leading trading platform that is ambitiously expanding to the four corners of the globe. Our top-rated products have won prestigious industry awards for their cutting-edge technology and seamless client experience. We deliver only the best, so we are always in search of the best people to join our ever-growing talented team.As Head of Compliance & MLRO for Capital.com’s UAE Stored Value Facility (SVF) entity, you will be the regulator-approved CCO/MLRO who owns the entire compliance and financial-crime agenda. Your mandate is to design and embed a best-in-class, tech-enabled framework that safeguards customer funds, keeps Capital.com ahead of CBUAE expectations, and enables innovative products (digital wallets, prepaid cards, P2P payments, and cross-border remittances), while fostering a culture of integrity across the firm.Responsibilities
- Regulatory ownership & external liaison: Act as the named CCO and MLRO with the CBUAE (independent of revenue functions) leading licence applications, onsite inspections, supervisory meetings, and on-time submission of all regulatory returns (AML, prudential, statistical, safeguarding). Approve marketing and financial promotions before release to ensure AML, conduct-risk, and consumer-protection compliance.
- Compliance & governance framework: Design, implement, and continuously improve the compliance architecture covering SVF, AML/CFT, RPSCS overlaps, consumer protection, outsourcing, data-privacy, and cybersecurity. Chair (or co-chair) the Risk & Compliance Committee, maintain up-to-date registers, calendars, and policies, and deliver clear MI to the board.
- Customer-fund safeguarding & operational controls: Establish and monitor segregation/escrow arrangements in line with CBUAE safeguarding rules, conduct periodic Risk & Control Self-Assessments (RCSA) and system gap analyses, and drive remediation through to closure.
- AML/CFT & financial-crime programme: Oversee the full SAR/STR lifecycle, sanctions/PEP screening, transaction-monitoring rules, and fraud-detection controls, calibrating RegTech tools (e.g., ComplyAdvantage, Actimize). Own the Business-Wide Risk Assessment (BWRA) and ensure ongoing CDD/EDD with periodic customer-risk re-ratings. Serve as the primary FIU and law-enforcement contact.
- Tech-enabled compliance & product advisory: Partner with Product, Engineering, and Data to embed controls in onboarding flows, payment rails, and new features (e.g., multicurrency wallets, joint accounts). Vet vendor integrations, APIs, and outsourcing arrangements for regulatory, data-privacy, and cybersecurity compliance.
- Incident & complaint management: Investigate client complaints or operational incidents with potential regulatory, AML, or reputational impact; lead root-cause analysis; and report outcomes to the board and regulator as required.
- Training, culture & stakeholder influence: Deliver mandatory AML/compliance training to all UAE staff, maintain training logs, and promote a culture of transparency and ethical conduct. Influence senior leadership to put compliance first in strategic decisions.
- Regulatory-change surveillance: Track CBUAE circulars, UAE federal legislation, and FATF updates; conduct impact assessments; and execute timely policy and control updates to keep Capital.com ahead of regulatory evolution.
Requirements- Academic: Bachelor’s degree (minimum) in Law, Finance, Risk Management, Business, Economics, or a closely related field; postgraduate qualifications (MBA, LLM, MSc) are a plus.
- Professional certifications: Recognised credentials such as CAMS, ICA Diploma, CFE, ACFCS or equivalent, demonstrating formal expertise in AML/CFT and compliance.
- Compliance leadership experience: 8–12 years in compliance, AML/CFT, or regulatory affairs, ideally in fintech, payments, or e-money, with prior designation as CCO, MLRO, or Compliance Officer at a UAE-regulated institution (CBUAE, DFSA, or ADGM).
- Regulatory & technical mastery: Deep, current knowledge of CBUAE SVF & RPSCS regulations, UAE AML/CFT Rulebook, FATF recommendations, FIU protocols, and standards on consumer protection, data privacy, outsourcing, and safeguarding/escrow of customer funds.
- End-to-end programme design: Demonstrated success building or overhauling full-scope compliance frameworks, covering licence applications, BWRA, RCSA, transaction monitoring, SAR/STR processes, and ongoing CDD/EDD, through to positive regulatory inspections.
- Board & audit engagement: Proven ability to brief boards, chair Risk & Compliance Committees, and manage independent AML/compliance audits, translating technical findings into actionable business decisions.
- RegTech fluency: Hands-on familiarity with leading onboarding, screening, and transaction-monitoring platforms (e.g., ComplyAdvantage, Actimize, eKYC solutions) and a track record of embedding controls into digital product flows and APIs.
- Communication & influence: Exceptional written and verbal skills for policy drafting, regulator correspondence, and cross-functional training; adept at steering product and engineering teams toward compliant solutions.
- Language & location: Business-level English proficiency (CEFR B2 or higher); Arabic an advantage. Must be physically based in the UAE and readily available to engage with the CBUAE and other authorities.
- Regulatory eligibility: Eligible to serve as the named CCO/MLRO, subject to CBUAE approval, with an unimpeachable ethical track record and commitment to fostering a culture of transparency.
Preferred Qualifications- Regional breadth: Direct experience liaising with multiple UAE regulators (e.g., SCA, DFSA, ADGM) or comparable jurisdictions.
- Entrepreneurial mindset: Demonstrated passion for building compliant fintech products from the ground up. Comfortable balancing speed, innovation, and regulatory rigor.
- Multilingual capability: Fluency in additional languages pertinent to the GCC region (e.g., Arabic, Hindi, Urdu, Russian) for broader stakeholder engagement.
What will you get in return?- Competitive Salary: We believe great work deserves great pay! Your skills and talents will be rewarded with a salary that makes you feel valued and motivated.
- Work-Life Harmony: Join a company that genuinely cares about you—because your life outside of work matters just as much as your time on the clock.
- Annual Performance Bonus: Your hard work doesn’t go unnoticed! Celebrate your achievements with a well-deserved annual bonus tied to your performance.
- Generous Time Off: Need a breather? Our annual leave policy lets you recharge and enjoy life outside of work without a worry.
- Employee Referral Program: Love working here? Share the love! Bring your talented friends on board and get rewarded for growing our awesome team.
- Comprehensive Health & Pension Benefits: From medical insurance to pension plans, we’ve got your back. Plus, location-specific benefits and perks!
- Workation Wonderland: Live your digital nomad dreams with 30 extra days to work remotely from anywhere in the world (some restrictions apply). Adventure awaits!
- Volunteer Days: Make a difference! Take two additional paid days each year to support causes you care about and give back to the community.
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Capital Company Size
Between 29 - 1,000 employees
Capital Founded Year
2019
Capital Total Amount Raised
$450,000,000