Manager – Government Compliance
Job description
1. Position Details | |||||
Position Title: | Manager – Government Compliance | Section | |||
Reporting to: | Senior Director – Regulatory Enablement and Enforcement | Department | Regulatory Enablement and Enforcement | ||
Grade | 11 | NA | Division | ||
2. Job Purpose |
The Government Compliance Manager is primarily responsible for supporting the ongoing collaboration of various Dubai and Federal Government bodies, Regulatory Authorities, and other key stakeholders. The position is pivotal in ensuring effective communication, compliance, and collaboration between the regulatory body and its diverse range of stakeholders. This role requires an understanding of the government laws, and regulatory frameworks, strong relationship-building skills, and the ability to navigate complex and dynamic environments. |
3. Core Duties and Responsibilities |
SN. | Description | Weightage % |
1. | Stakeholder Engagement and Coordination:
· Actively engage with key external stakeholders, such as the Securities and Commodities Authority (SCA), Central Bank of the UAE (CBUAE), Economic Security Centre Dubai (ESCD), Dubai Financial Services Authority (DFSA), Financial Services Regulatory Authority (FSRA), and others. · Support the coordination of inputs and guidance from these entities to ensure policies and actions align with broader governmental and financial sector objectives. |
30% |
2. | Relationship Management with Licensing Authorities:
· Maintain relationships and information exchange with Dubai commercial licensing authorities, including various Freezones and the Department of Economy and Tourism (DET). · Ensure policies and procedures are well understood and adhered to by these authorities. |
30% |
3. | Prepare and Respond to Stakeholder Communications:
· Prepare responses to information requests from Government stakeholders, in line with accepted agreements. · Prepare requests for information from Government stakeholders to achieve Market Assurance requirements |
10% |
4. | Maintain Compliance Tracker:
· Prepare and maintain progress of reporting requirements from Government stakeholders to ensure compliance with Federal Laws and obligations. · Measure progress against AML/CFT mitigation actions to achieve compliance with Financial Action Task Force (FATF) requirements. · Drive completion of required tasks by internal functions and external stakeholders, as required. |
25% |
10% | ||
10% | ||
0% | ||
20 | ||
5. | Other duties as needed or required and deal with confidential information and/or issues using discretion and judgment. | 5% |
Allocation of weightage needs to be based on Responsibility’s Importance/Time Spent/Criticality – must add up to 100% (click on the ‘total’ and press F9 for automatic totaling) | 100%
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4. Operating Environment | ||
1. | Office-based jobs may be required to work longer hours |
5. Minimum Qualifications/Education/Experience/Training/Knowledge | |
Formal Education | · Bachelor’s or Master’s Degree in a related field [minimum], including Public Policy, Public Administration, Law, International Relations, or Business Administration. |
Work Experience | · 3 – 5 years of experience within the UAE political systems, governance, legal frameworks, and administrative processes.
· Direct experience working in or with UAE regulatory Authorities, understanding the intricacies of policy development, implementation, and compliance. · Familiarity with the UAE financial services regulatory environment. · Demonstrated ability to engage and manage relationships with a diverse range of stakeholders, including government officials, business leaders, and community groups. · Experience in negotiating and influencing outcomes in a complex stakeholder environment. · Background in overseeing or participating in compliance programs, understanding risk management principles and their application in a regulatory context. · Experience in identifying, assessing, and mitigating compliance risks. |
Skills and Knowledge | · Ability to plan, execute, and oversee projects to ensure alignment with regulatory requirements and organizational goals.
· Understanding of virtual assets or other emerging technologies. · Strong networking skills with a proven ability to build and maintain relationships with key government officials, industry representatives, and other relevant stakeholders. · Knowledge of UAE legal principles, government laws, regulatory frameworks, and compliance standards. · Understanding of the Financial Action Task Force [FATF] guidance and requirements. |
Training | N/A |
Open