Manager, Regulatory Compliance UAE

About the team

The Legal Risk & Compliance (LRC ) team at Airwallex is a collaborative group of legal minds and risk management experts. Were passionate about safeguarding Airwallexs operations fostering a culture of compliance and ethical conduct and ensuring we navigate the global financial landscape with integrity. We provide expert guidance and support to all areas of the business proactively identifying mitigating and managing legal compliance and financial risks.

The Global Regulatory Compliance Team forms part of the second line of defence (2LOD ) at Airwallex whilst operating within the larger LRC function. We are a proactive and trusted business partner committed to enabling Airwallexs growth and strategic goals by providing an advisory and oversight role. Our team culture is collaborative impact-driven with a focus on continuous improvement. Youll be part of a team that values transparency empowerment and high performance.

This role is a newly created role with a specific focus on our business in the UAE. This role will be a key member of the Global Regulatory Compliance Team based in our Dubai office with a direct line to the Associate Director Regulatory Compliance UK & ME (based on London).

What youll do

As Manager Regulatory Compliance UAE you will deliver on the regulatory engagement strategy for Airwallex across the UAE. You will maintain our licensing responsibilities and coordinate with all internal and external parties as necessary to ensure compliance through the communication of regulatory requirements cross-functional collaboration to productize solutions and offerings implementation and execution of processes filing of all requisite reports renewal of registrations and licenses end-to-end management of regulatory examinations and interfacing with our regulators on ad-hoc inquiries. You will analyse new and existing products and provide guidance to ensure that our 2LOD controls are fit for purpose and comply with regulatory obligations and guide the first line business to enable the maturity of both customer-facing and internal back-office processes and product features.

Responsibilities:

• Support the Airwallex Groups expansion by managing the regulatory compliance components of licence authorisation processes

• Act as a key stakeholder in relation to licence applications business plan updates and information requests between Airwallex and our regulators

• Ensure that our regulatory compliance and integrity risk reporting obligations are maintained in the region

• Support and / or manage on-site exams and inspections (in collaboration with our LRC colleagues)

• Advise the business with respect to regulatory change initiatives with a particular focus on how to effectively manage compliance risk attached to new laws and regulations in the jurisdictions we operate

• Develop policies processes and provide advice in relation to regulatory risk obligations that exist within the 1st line business

• Manage regulatory compliance risk within the Airwallex Risk Management Framework and associated escalation process (inc. the Group Risk Committee)

• Advise the business in relation to conduct risk and ethics matters (where appropriate) relating to our financial services licences

• Deliver the Compliance Monitoring Program; Conduct targeted and thematic reviews on a wide range of topics to ensure appropriate organisational maturity

• Deliver the Airwallex Groups Compliance Training for employees and conduct ad-hoc training to specific business areas as required

• Conduct Proactive Special Ops projects to unlock business or operational issues to enable Airwallex to achieve its strategic goals more rapidly

Who you are

Were looking for people who meet the minimum qualifications for this role. The preferred qualifications are great to have but are not mandatory.

Minimum Qualifications:

• Bachelors degree with a minimum of 6 years of regulatory compliance experience in a financial institution FinTech legal / consulting firm or combination of the above

• Familiarity with financial regulatory laws rules regulations and industry best practices in the UAE and more broadly across the EMEA region

• Data proficiency - ability to work with data and leverage it for strategic decision-making

• Ability to operate strategically and think creatively to solve complex regulatory compliance challenges

• Superior communication skills with the ability to clearly explain complex topics to a wide range of stakeholders including regulators executive leadership and front-line staff

• Experience with developing and/or maintaining a compliance program within a financial institution preferably in respect of payments activity

• Exposure to licensing processes regulatory expansion and RegTech or technology-driven compliance solutions

• Understanding of financial products and related conduct risk ethics and controls

Preferred Qualifications:

• Experience dealing with the CB UAE with respect to the payments regulatory framework.

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Equal opportunity

Airwallex is proud to be an equal opportunity employer. We value diversity and anyone seeking employment at Airwallex is considered based on merit qualifications competence and talent. We dont regard color religion race national origin sexual orientation ancestry citizenship sex marital or family status disability gender or any other legally protected status when making our hiring decisions. If you have a disability or special need that requires accommodation please let us know.

Required Experience:

Manager