Company Description
Whizmo, a service by Whizpay Technology LLC, is a licensed mobile money solution provider by The Central Bank of the UAE. Based in the United Arab Emirates, Whizmo offers a secure digital mobile wallet that combines daily financial needs into one seamless app. From QR payments and utility bill payments to local and international money transfers, Whizmo ensures convenience, affordability, and efficiency. With zero onboarding cost, nearly instant digital onboarding, and 24/7 customer support, the platform serves individuals and businesses alike. Focused on financial inclusion, Whizmo empowers underserved and unbanked communities through innovation and collaboration with a robust network of partners.
Role Description
This is a full-time on-site role for a Compliance Lead/Deputy MLRO based in Dubai, United Arab Emirates. The role involves overseeing and managing compliance programs to ensure adherence to regulatory requirements. Responsibilities include monitoring regulatory compliance, conducting risk assessments, preparing internal reports, and supporting the implementation of policies to prevent money laundering. The Compliance Lead will also act as a liaison with regulatory authorities and ensure that the organization remains updated with evolving legal and regulatory standards.
Qualifications
- Proven expertise in FCC and Regulatory Compliance to ensure adherence to CBUAE regulations.
- Strong Analytical Skills to identify risks and implement appropriate compliance measures.
- Familiarity with CBUAE regulatory requirements, including anti-money laundering regulations and related laws.
- Excellent Communication skills to effectively liaise between internal teams and external regulatory bodies.
- Proficiency in risk management and policy development related to compliance is beneficial.
- Experience in FCC technology or payment services industry is preferred.
- Experience in reporting, MI and dashboard including Excel, PowerPoint and Power BI.
- Understanding of the regulatory environment in the United Arab Emirates is an asset.
- Bachelor’s degree in Law, Finance, Business Administration, or a related field. CAMS is required.
- Preferred profiles that can adapt to the dynamics of Fintech Company.
