Verto

MLRO & Compliance Officer

Verto

Posted 4 hours ago

Employment Type

Full Time

Location

Dubai

Requirements

5+ years UAE/GCC experience, UAE fit and proper requirements, Deep knowledge of UAE AML/CFT legislation, Experience managing compliance functions, Strong communication skills, Bachelor's degree in relevant field

Required Skills

AML CTF sanctions KYC CDD EDD DFSA DIFC Compliance Fintech

Job Description

Responsibilities

Act as the primary regulatory liaison with the Central Bank, DFSA, and FIU, taking full responsibility for submitting Suspicious Transaction Reports (STRs) and Suspicious Activity Reports (SARs) via the goAML portal.

Assess internal reports of unusual transactions, determine reasonable grounds for suspicion, and escalate matters to the UAE FIU in accordance with applicable legislation.

Maintain, update, and enforce AML/CFT policies to ensure the robust implementation of KYC, CDD, EDD, transaction monitoring, sanctions screening, and record-keeping procedures.

Maintain and periodically update the company’s Enterprise-Wide Risk Assessment (EWRA), ensuring strict alignment with the UAE’s National Risk Assessment findings.

Ensure the UAE entity remains strictly compliant with all licensing conditions imposed by the DFSA, CBUAE, and any other relevant UAE regulatory authorities.

Act as the primary escalation point for compliance matters and advise senior management on the regulatory implications of new products, technologies, outsourcing, and cross-border activities.

Ensure the timely and highly accurate submission of all required regulatory reports, notifications, returns, and the Annual MLRO Report to relevant authorities.

Design and deliver targeted AML/CFT and compliance training for employees and Board members to embed a strong, organisation-wide compliance culture.

Build, mentor, and oversee a competent local compliance team, ensuring their ongoing professional development and regulatory awareness.

Requirements

Minimum of 5 years of experience in a similar MLRO, AML/CFT, or senior regulatory compliance role within the UAE or GCC.

Must meet the UAE “fit and proper” requirements and be fully eligible for approval by the DFSA, CBUAE, or relevant UAE authority as a Compliance Officer and MLRO.

Deep, working knowledge of UAE AML/CFT legislation, CBUAE regulations, the DFSA Rulebook, DIFC legislation, sanctions frameworks, and international FATF standards.

Demonstrated experience in building, mentoring, and managing high-performing compliance functions and teams.

Exceptional verbal and written communication skills, with the proven ability to present complex regulatory matters clearly to the Board, regulators, and external stakeholders.

Strict attention to detail and the ability to operate under pressure to meet tight regulatory deadlines for filings and STR/SAR submissions.

Bachelor’s degree in Law, Compliance, Finance, Accounting, Business, or a closely related field.

Preferred Qualifications

Direct experience working within the Payments, EMI, PSP, or high-growth FinTech sectors.

A recognised professional AML or Compliance qualification, such as an ACAMS certification or an ICA Diploma.

Benefits

Health and wellness benefits

Education allowance for professional development

Gratuity scheme

Health insurance

About the Company

At Verto, we're on a mission to democratise global finance and empower businesses in Emerging Markets to reach the world. Founded by British-Nigerian entrepreneurs Ola Oyetayo and Anthony Oduu, our roots in Africa provided a firsthand understanding of the significant challenges businesses face with cross-border payments, ranging from illiquid currencies and high fees to slow transactions. This deep-rooted insight is why Africa remains a core focus, as we're committed to bridging the gap between emerging and developed markets and fostering global economic growth.

What started as an FX solution for the Nigerian Naira has evolved into a market-leading platform, enabling thousands of businesses to seamlessly transfer billions of dollars annually. We believe that where you do business shouldn’t determine your success or ability to scale. We're creating equal access to the easy payment and liquidity solutions that are already a given in developed markets.

We're not alone in realising this crucial need; we're backed by world-class investors including Y-Combinator, Quona, and MEVP. With Verto receiving the Milken-Motsepe Prize, appearing on CNBCs list of fastest growing UK companies, the Deloitte Fast 50 and Sifted’s fastest-growing UK tech companies, we are building a seamless cross-border payment future.

Join us as we continue to grow and transform global finance.

How to Apply

Similar Jobs You Might Be Interested In

Join Dubai's Remote Work Revolution.

Stay ahead in your career with Dubai's first platform dedicated to remote and hybrid job opportunities. Subscribe for weekly insights and job alerts directly to your inbox.

Thank you for subscribing! Check your inbox for confirmation.
Weekly Job Alerts
Subscribe to receive curated lists of the best remote and hybrid job opportunities in Dubai, tailored to your skills and interests.
Weekly Blog Newsletter
Get the latest insights, trends, and advice on remote work every week to help you thrive in the evolving work environment.