Senior Compliance & Regulatory Affairs Officer

Main Objective:

Lead compliance and regulatory affairs, with a strong focus on FRA dealings, investment fund establishment, licensing, regulatory approvals, AML/KYC, and ongoing regulatory compliance.

Key Responsibilities:

• Act as the main compliance contact with the FRA.
• Handle applications for establishing/licensing investment funds and regulated investment vehicles.
• Prepare and review fund prospectuses and offering documents.
• Review fund structures, agreements, marketing materials, and procedures for regulatory compliance.
• Manage regulatory submissions and respond to FRA observations, requests, and inspections.
• Oversee AML/KYC and counter-terrorism financing compliance.
• Maintain compliance policies, registers, records, and regulatory reports.
• Work with Legal, Investment, Fund Management, and Promotion/Underwriting teams.
• Monitor regulatory changes affecting funds, asset management, PE, VC, sukuk, and other NBFI activities.
• Attend FRA/regulatory meetings when required.

• Extensive experience in Compliance / Regulatory Affairs within financial services.
• Strong preference for experience in asset management, investment banking, securities, investment funds, or FRA-regulated entities.
• 25+ years' experience preferred.
• Proven direct experience dealing with the FRA or predecessor authorities.
• Strong knowledge of:
• Investment funds
• Fund establishment
• Prospectuses
• Regulatory approvals
• AML/KYC
• Appropriate regulatory qualifications/approvals or the credentials and experience required to obtain FRA approval.
• Strong Arabic and English.
• Comfortable attending regulatory meetings and taking ownership of approval processes.