Senior Compliance Officer - Marex AD

About Marex

Marex Group plc is a diversified global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets. It listed on Nasdaq Global Select Market in April 2024. With more than 35 offices in Europe, US and APAC, it has unique access across markets with significant share globally both on and off exchange. The depth of knowledge amongst its teams and divisions provides its customers with clear advantage, and its technology-led service provides access to all major exchanges, order-flow management via screen, voice and DMA, plus award-winning data, insights and analytics.

For more information visit www.marex.com

Role Summary

The Deputy Chief Compliance Officer will play a pivotal role in supporting the Chief Compliance Officer in overseeing the firms compliance efforts and ensuring adherence to regulatory requirements. This position requires strong leadership skills and the ability to effectively manage compliance functions within the organization.

Key Responsibilities

• Assist in the development, implementation, and maintenance of a comprehensive compliance program to ensure adherence to regulatory standards.
• Support the Chief Compliance Officer in liaising with regulatory authorities, maintaining effective communication, and ensuring timely compliance.
• Contribute to the development and enforcement of Anti-Money Laundering (AML) policies, procedures, and controls.
• Assist in conducting regular compliance risk assessments and implementing measures to mitigate risks.
• Collaborate with compliance team members to provide guidance and support in daily activities.
• Assist in overseeing compliance training programs for employees to ensure understanding of regulatory obligations.
• Contribute to the preparation and submission of regulatory reports and filings.
• Stay informed about regulatory developments and assess their impact on the firm.
• Assume the responsibilities of the Chief Compliance Officer in their absence or as delegated.
• Ensure the effective implementation of the firm’s compliance and AML/Counter-Terrorist Financing (CTF) policies and procedures.
• Design and implement the compliance monitoring plan, performing monitoring and surveillance subsequent reviews.
• Provide support and guidance to staff on regulatory, policy, and procedural issues and application.
• Assist with client inquiries and regulatory requests for information.
• Identify, log, and resolve compliance issues, client complaints, and policy and regulatory breaches.
• Review and update Compliance and AML/CTF policies and procedures in line with regulatory changes.
• Provide compliance and AML/CTF training to staff.
• Ensure timely completion and filing of regulatory and AML reports with the regulator.
• Provide the Chief Compliance Officer, SEO, and Group Senior Management with compliance management information, ensuring their full awareness of all salient matters and advising on regulatory implications of future business strategies.
• Stay up to date with AML/CTF and regulatory developments both locally and internationally, including the Securities and Commodities Authority Rulebook, FSRA’s AML Rulebook, and international best practices.
• Develop and maintain a positive and constructive relationship with Regulators and promptly respond to any request for information made by the FSRA or any other competent authorities of the UAE.
  
  

Skills And Experience

• Bachelors degree in a relevant field; advanced degrees or certifications preferred.
• Substantial experience in compliance within financial services.
• Knowledge of local and international regulatory requirements in AML and KYC.
• Strong communication and teamwork skills.
• Strong understanding of regulatory requirements in financial services, particularly in the Abu Dhabi region.
• Ability to collaborate effectively with internal and external stakeholders.
• Proven track record of working in financial services.
• Experience in building working relationships with Regulators, with direct experience working with FSRA and/or SCA.
• Ability to advise Group colleagues on complex regulatory issues.
• Ability to work to short timelines in a fast-paced environment.
• Fluent in English
• Fluent in Arabic (both written and spoken) will be considered as advantage
• Prior registration with SCA as Compliance Officer will be considered as advantage.
  
  

Competencies

• Excellent verbal and written communication skills
• A collaborative team player, approachable, self-efficient and influences a positive work environment
• Demonstrates curiosity
• Resilient in a challenging, fast-paced environment
• Ability to take a high level of responsibility in a fast pace and high-volume environment
• Excels at building relationships, networking and influencing others
• Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness
  
  

Conduct Rules

You must:

• Act with integrity
• Act with due skill, care and diligence
• Be open and cooperative with the FCA, the PRA and other regulators
• Pay due regard to the interests of customers and treat them fairly
• Observe proper standard of market conduct
• Act to deliver good outcomes for retail customers
  
  

Company Values

Acting as a role model for the values of the Company:

Respect - Clients are at the heart of our business, with superior execution and superb client service the foundation of the firm. We respect our clients and always treat them fairly.

Integrity - Doing business the right way is the only way. We hold ourselves to a high ethical standard in everything we do – our clients expect this and we demand it of ourselves.

Collaborative - We work in teams - open and direct communication and the willingness to work hard and collaboratively are the basis for effective teamwork. Working well with others is necessary for us to succeed at what we do.

Developing our People - Our people are the basis of our competitive advantage. We look to “grow our own” and make Marex the place ambitious, hardworking, talented people choose to build their careers.

Adaptable and Nimble - Our size and flexibility is an advantage. We are big enough to support our client’s various needs, and adaptable and nimble enough to respond quickly to changing conditions or requirements. A non-bureaucratic, but well controlled environment fosters initiative as well as employee satisfaction.

Marex is fully committed to the elimination of unlawful or unfair discrimination and values the differences that a diverse workforce brings to the company.

---