Executive Crypto Controls and Assurance DMCC UAE

Executive Crypto Controls and Assurance at DMCC will be reviewing and monitoring of all crypto related licenses to DMCC Companies. Responsibility for assisting in monitoring compliance with DMCCA’s rules, regulations, policies and programs and understanding the UAE and Dubai regulatory guidelines for VASPs.

Responsibilities of Executive Crypto Controls and Assurance

• Designing and developing a policy framework that incorporates local and international law and best practices (as applicable) for crypto related licenses issued by DMCC with the assistance of Head of Compliance Operations.
• Effective implementation of policy framework into business procedures and processes to support strategic and business objectives with the assistance of Head of Compliance Operations.
• Reviewing all new questionnaires for crypto related licenses issued by DMCC. Providing feedback on such questionnaires including deficiencies to the BSE team and also the DMCC Crypto center where applicable with the assistance of Head of Compliance Operations.
• Ensuring a consistent approach to the review and approval of license questionnaires.
• Attending internal meetings to ensure knowledge and understanding of the license requirements.
• Reviewing the parameters of existing licenses issued by DMCC in the crypto sector.
• Analyzing VASP regulation to determine the possibility of creating further licenses within the crypto sector.
• Reviewing existing DMCC Member Companies with crypto related licenses in respect to Activity being undertaken, i.e. Remote Inspections, review of websites etc.
• Highlighting and deficiencies or potential noncompliance with license activities.
• Liaising with the Compliance inspection team to rectify any outstanding issues.
• Handling member company enquiries in respect to crypto related issues.
• Meetings with the VASP Regulators to provide information and to determine the parameters of regulation in order to provide information to DMCC Member Companies.
• Assisting in handling any issues with the Regulators.

Requirements for Role of Executive Crypto Controls and Assurance

• Bachelor, or master’s degree from a reputed university an advantage.
• Minimum 5 years post-qualification experience in crypto related activities preferably in a compliance, risk management or control position.
• Compliance and risk certifications is a plus.

Skills And Knowledge Desired

• Crypto knowledge.
• Familiarity with UAE crypto laws, customs and practices AML / CFT and applicable international sanction regimes.
• Knowledge of international developments in crypto assets.

Benefits

• Working at the world’s best Free Zone with highly motivated colleagues.
• A very diverse workforce from all around the globe.
• Well-being initiatives all over the year.
• Market competitive basic salary.
• Housing allowance.
• Transportation allowance.
• National Allowance.
• Annual flight allowance.
• Other alternative family benefits.
• Pension Scheme.
• Discretionary bonus schemes.
• Generous annual leave.
• Medical and life insurance cover.
• Free covered parking.
• Retail discounts with over 450 outlets across JLT.

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