Manager Compliance

Department: Compliance

Employment Type: Full Time

Location: UAE

Reporting To: Sara Hassan

Description

About Tabby:

Tabby creates financial freedom in the way people shop, earn and save by reshaping their relationship with money. Over 20 million users choose Tabby to stay in control of their spending and make the most out of their money.

The company’s flagship offering allows shoppers to split their payments online and in-store with no interest or fees. Over 40,000 global brands and small businesses, including Amazon, Noon, IKEA, and SHEIN use Tabby to accelerate growth and gain loyal customers by offering easy and flexible payments online and in stores.

Tabby generates over $14 billion in annual transaction volume for its partner brands and is the highest-rated, most-reviewed, largest, and fastest-growing FinTech in the GCC region.

Tabby launched in 2019 and has since raised +$1 billion in equity and debt funding from global and regional investors, and now has an implied valuation of $4.5 billion.

Key Responsibilities

Note: This is not a pure AML/CFT role.

• Support regulatory change management process by maintaining oversight of implementation of such development which impact business activities
• Represent regulatory compliance oversight both internally and externally to regulators, auditors and partners as required, showcasing Tabby’s strong oversight compliance framework
• Support the business in expansion plans, including new license applications.
• Periodically review and ensure all regulatory compliance policies and procedures are up-to-date, comprehensive, and effectively implemented across the entity/group. Work with the Head of Compliance to develop new policies as needed.
• Conduct the regular compliance risk assessments conducted to identify and evaluate regulatory risks. Develop and implement strategies to mitigate identified risks and ensure continuous compliance with regulatory requirements.
• Develop and deliver training programs to educate employees on regulatory compliance requirements and best practices. Promote a culture of compliance and ethical behavior throughout the company.
• Support from a regulatory perspective the investigation of compliance-related incidents and breaches.
• Manage and update the breach register for the internal and external breach to addresses and action such a breaches to avoid fines in futures and maintain a violation register which includes violations and fines
• Manage and update the regulatory library and ensure all regulations are disseminated to the respective business and support functions for their actions, and coordinate with Business to implement regulations and review status of implementation for both new and existing regulations.
• Collaborate with other departments, including Risk, Legal, Operations, and IT, to ensure a coordinated approach to regulatory compliance. Provide guidance and support on regulatory matters to business units and senior management.
• Ensure timely submission of regulatory reports and maintain documentation accuracy
• Proactively identifying key areas of risk and work with first line teams to in the development of mitigation plans
• Assist in the preparation of committee and board papers.
  
  
  

• Previous Financial Regulation advisory role or experience in a Compliance/ Regulatory compliance
• Ability to analyse and interpret complex regulatory frameworks and apply them effectively;
• Proven track record of dealing with regulators.
• Familiar with regulations published by the CBUAE, particularly in the Payments sector (Payment Service Providers, E-money, SVF, digital banking)
• Ability to effectively communicate with Product Managers and Engineers and provide practical, actionable, and value added advisory, guidance and recommendations ;
• Strong communication skills ;
• Problem solving attitude, with the ability to use regulations together with data to drive business decisions;
• Strong teamwork and interpersonal skills, with the strong stakeholder management ability
• Attention to detail with the ability to manage and prioritize tasks.
  
  
  

• We offer flexible working hours and trust you to work enough hours to do your job well, at times that suit you and your team.
• A working environment that gives you autonomy and responsibility from day one.
• You should be comfortable with the idea that the quality of your work will influence the shape of your career.
• Participation in the company’s employee stock options program.
• Health Insurance
• Flexi Perks: A monetary benefit that gives you the freedom to use it as you choose—whether for health and well-being, education and professional development or travel needs!