Legal Compliance Officer

About us: Velex is a privately held Technology Investment Advisory and Management Consortium, focusing on the markets in the Middle East and Africa since 1996. Having over 27 years of experience and serving dozens of satisfied clients and stakeholders, Velex recently has transitioned its focus to Disruptive Technology businesses and managed to develop a number of highly professional teams and partnership networks, capable to handle any competent advisory and management volumes. We are also building and supporting a number of the Tech Start Ups through various platforms.

We mainly cover several industries, where digital transformations are fast growing - Financial Services & Banking; Hospitality & Gaming; Supply Chain & Logistics; Mobility; New Media & Entertainment, etc.

Responsibilities:

• Development and implementation of compliance policies and procedures pursuant to legislative and regulatory requirements of the MENA region
• Participate in the certification process of payment systems, including representing the company for Visa and Mastercard, which includes compliance assessment and preparation of necessary documents
• Ensuring compliance with licensing regulations for payment services, cryptocurrencies and other regulated activities
• Monitoring regulatory changes, identifying and assessing potential risks to the business
• Conducting internal audits and monitoring compliance with established compliance policies
• Preparing reports for internal and external regulators and participating in inspections and audits
• Training company employees in compliance standards
• Liaising with other departments to ensure that compliance is integrated into business processes

Requirements:

• A relevant certification in compliance (e.g. SCCE, ACAMS or similar) is preferred
• At least 3 years of experience in compliance in payment, fintech or related field
• Strong understanding of licensing processes in payment services and cryptocurrencies
• Experience in developing and implementing compliance policies and participating in Visa and Mastercard certifications
• Ability to conduct risk analysis and develop risk mitigation strategies
• Excellent communication skills and ability to work in a team
• Upper Intermediate English 

What we offer:

• Be part of a creative, dynamic team focused on innovation
• Opportunities for career growth and development
• A supportive, collaborative work environment
• Competitive salary and benefits package