Job
Description

Associate Director Conduct, Financial Crime and Compliance - myZoi
Venture Role

myZoi is an exciting fintech start-up aiming to promote
financial inclusion globally. Our vision is to provide a level playing field to
the unbanked and the underbanked in accessing essential financial services in
an affordable, convenient, and transparent fashion.

The role of Associate Director of CFCC is based in the UAE
and requires supporting the Chief Compliance Officer in the implementation and
maintenance of myZoi regulatory compliance and governance framwork including:

• Supporting the development and
  maintenance of compliance processes, tools, systems, and frameworks to
  effectively manage CFCC risks.
  
• Assisting senior management in
  promoting compliance with applicable regulatory requirements and SC Group
  standards.
  
• Supporting regulatory engagement
  activities, including coordinating communications and information requests from
  regulators.
  
• Assisting with licensing requirements,
  regulatory examinations, inspections, reporting obligations, and regulatory
  submissions.
  
• Supporting the
  assessment and implementation of regulatory changes to ensure timely compliance
  with new requirements.
  
• Contributing to the delivery of the
  CFCC strategy, priorities, and initiatives in alignment with myZoi's business
  objectives.
  
• Assisting in the review and
  enhancement of compliance policies, procedures, and governance documentation.
  
• Preparing compliance reports,
  management information, and regulatory updates for internal and external
  stakeholders.
  
• Coordinating with business and support
  functions to monitor compliance obligations and track remediation activities.
  

Responsibilities

Business

• Support the business by providing
  guidance on applicable laws, regulations, policies, and compliance
  requirements.
  
• Assist in the implementation and
  maintenance of a risk-based CFCC framework, including monitoring and assurance
  activities.
  
• Support the identification,
  assessment, and escalation of compliance risks and issues in line with
  established risk tolerances.
  
• Work with business and functional
  teams to promote compliance with CFCC requirements and support fair customer
  outcomes.
  
•  Assist with Conduct investigations into
  suspicious activity and support regulatory reporting processes where required.
  
• Support the assessment of reputational
  and regulatory risks and the preparation of recommendations for management
  consideration.
  
• Challenge business
  stakeholders where activities exceed risk tolerance, escalating as needed.
  Support and challenge myZoi's businesses and functions to maintain appropriate
  conduct, comply with CFCC requirements, and achieve fair outcomes for clients.
  
  

Processes

• As an independent
  second-line risk control function, execute the relevant aspects of the
  Compliance (including Financial Crime and Enterprise) risk framework through
  robust independent risk control and the provision of specialist advice and
  constructive challenge in a manner proportionate to the nature, scale and
  complexity of the Group's business.
  
• Implement and conduct
  regular CFCC training programs on an ongoing basis to educate staff on the
  relevant regulatory developments, CFCC policies, and standards.
  
• Assist in setting control
  standards and advise on developing appropriate controls to mitigate regulatory
  risks.
  

Risk Management

• Escalate to Chief
  Compliance Officer compliance and conduct breaches and ensure effective
  management of issues identified — including comprehensive and timely actions
  for complete remediation.
  
• Analyse and advise on the
  holistic impact of complex Regulatory Compliance matters on myZoi's business
  and operations.
  
• Oversee identification,
  assessment, management, monitoring, mitigation, and reporting of compliance
  (including regulatory, conduct, and financial crime) risks.
  
• Contribute to formulating
  CFCC policies and standards for approval by the relevant governing body (as
  necessary) under myZoi ^l s governance framework.
  
• Contribute to developing
  controls for risk categories where Compliance has been defined as Risk Owner
  (as set out in the relevant Risk Management Frameworks).
  
• Collaborate with other CFCC
  teams within the Group and SCV to anticipate horizon risks and support the
  development of effective strategies to mitigate them, including global
  standards for business conduct.
  

Governance

• Draft, implement, and
  maintain CFCC policies, standards, department operating instructions, and
  process notes.
  
• Promote and embed a culture
  of openness, trust, risk awareness, and organizational compliance, assisting
  with implementing and tracking regulatory and financial crime policies and
  standards.
  
• Manage the remediation
  process for any CFCC risk issues and breaches.
  
• Support the Chief
  Compliance Officer and myZoi with horizon scanning, staying updated on
  regulatory changes and breaches relevant to myZoi's business model.
  
•  Design, implement, and
  manage an effective regulatory change management approach for myZoi in a
  rapidly evolving regulatory landscape.
  

Skills

• Display exemplary conduct
  and adhere to the Group's Values and Code of Conduct, taking personal
  responsibility for embedding the highest standards of ethics, regulatory, and
  business conduct across myZoi.
  
• Possess a strong
  understanding of the financial services sector, demonstrating sound judgment on
  business practices within a digital environment, regulatory frameworks,
  corporate governance best practices, and CFCC risk management.
  
• Thrive in a creative,
  fast-paced, agile environment, ensuring fair outcomes for clients and financial
  crime compliance.
  
• Ability to produce nuanced
  and robust advice by seeing things from multiple perspectives and fully
  unpacking problem statements.
  
• Excellent business acumen
  encompassing industry trends and regulatory considerations. 
  
• Bring over hands-on
  experience in financial crime, compliance, and regulatory risk management.
  

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