AF25045 - Head of Compliance | Al Futtaim Finance

Department: Al Futtaim Finance
Country: United Arab Emirates
Location: Dubai | UAE
Closing Date: 12-Dec-2016
Al-Futtaim

Established in the 1930s as a trading business, Al-Futtaim is one of the most progressive regional business houses headquartered in Dubai, United Arab Emirates.

Al-Futtaim employs in excess of 44,000 people, operates through more than 200 companies and represents more than 225 international brands across industries as diverse as retail and wholesale trading, distribution, real estate development, leisure and hospitality, insurance and financial services. The group has significantly expanded its business operations in recent years through a strategic acquisition plan and has entered a number of new territories, increasing its footprint beyond the GCC and Greater Middle East to encompass Africa, South East and North Asia, Australasia, East Africa and Europe.

Entrepreneurship and rigorous customer focus has enabled Al-Futtaim to grow its business by responding to the changing needs of the customers and societies in which it operates. Al-Futtaim is committed to offering customers an unrivalled choice of the world’s best brands with exceptional standards of customer service and after sales support.

Structured into four operational divisions; automotive, financial services, real estate and retail, Al-Futtaim maintains a decentralised approach, giving individual businesses flexibility and versatility to maintain a competitive stance. This benefits employees, providing a clearly defined work culture where individuals are empowered with authority and responsibility for their work.

The success of Al-Futtaim is attributed to proactively managing change whilst upholding the values of integrity, service and social responsibility. The majority of businesses, built on a portfolio of world leading brands, dominate their sector.

Automotive

Al-Futtaim is regarded as a pioneer in the region’s automotive industry. The company imported the first consignment of Toyota vehicles to the UAE and established Al-Futtaim Motors in 1955.

Al-Futtaim represents 44 automotive brands across 16 countries and encompasses every aspect of the business:

  • Passenger and commercial vehicles sales
  • Manufacturing agricultural vehicles
  • Construction equipment sales and service
  • Used car sales
  • Rental and leasing

Al-Futtaim Finance

Al Futtaim Finance (AFF), a Central Bank of UAE regulated entity, is a wholly owned subsidiary company of the Al-Futtaim Group, the leading business conglomerate of UAE. AFF specializes in providing a range of innovative consumer finance products to customers across the UAE.

About the Job:

We have an excellent opportunity for an experienced Process and Compliance professional to work in our Automotive Al-Futtaim Finance Team across the UAE. This role is responsible for overseeing and managing compliance within the organization, ensuring that the company and its employees are complying with regulatory requirements and internal policies and procedures.

As the compliance leader and subject matter expert, the Head of Compliance is responsible for the Management of Regulatory Compliance of UAE Central Bank regulations / Anti-money Laundering and adherence to the Central Bank’s policies, procedures, rules and regulations, also act as a trusted advisor to senior line management on all compliance matters; to ensure a keen understanding of the business so as to implement strategies and practices that support robust business growth. The Head of Compliance is responsible for establishing standards and implementing procedures to ensure that the compliance programs throughout the organization are effective and efficient in identifying, preventing, detecting and correcting noncompliance with applicable rules and regulations.

About You:

The ideal candidate will have the following qualifications:

  • Professional Certificate in Compliance preferred  (examples include ICA certificate in Compliance, or ACAMS certificate)
  • Minimum 8 years of experience with some relevant experience in legal and audit.
  • Minimum of 5 years of relevant compliance experience in the banking sector.
  • Strong knowledge of vehicle sales process and bank finance processes within the UAE.
  • Must be fluent in Arabic and English. 

 

Note: you will be required to attach the following: 1. Resume/CV
 
Al-Futtaim offers highly engaging and supportive work environments in a culture that values, recognises and rewards quality performance.