Associate Director, CFCC - Governance

Role overview

The Associate Director, CFCC Governance will join Conduct, Financial Crime & Compliance (CFCC) within the myZoi Venture. Based in the UAE, the role reports directly to the Money Laundering Reporting Officer (MLRO).

The role holder will drive myZoi’s financial crime compliance governance framework so that financial crime risk is governed, monitored, tested and reported effectively. The role combines policy uplift, independent second-line challenge, compliance monitoring and testing, remediation oversight, management information and regulatory liaison.

Role boundary: FCC Operations remains responsible for operational investigations, case handling, etc. This role provides governance, oversight, challenge and assurance over those activities.

What you’ll do

Strategy and business advisory

Help deliver the CFCC vision, strategy and plan set by the MLRO, aligned to myZoi’s strategic direction.

Help ensure the team has the people, processes, tools, frameworks and systems needed to support sustainable growth and manage financial crime risk.

Act as a trusted adviser to the business on applicable financial crime laws, regulations, policies and standards.

Provide timely advice on various topics including bespoke projects and remediation activities.

Challenge activity that falls outside risk appetite or tolerance and escalate until appropriate oversight and ownership are established.

Help the business move towards proactive and preventive financial crime compliance.

Policy, standards and procedures

Drive continuous improvement of FCC policy and standards framework.

Draft, review and maintain policies so they remain aligned with UAE law, CBUAE requirements, SVF regulations, Federal Decree-Law No. (10) of 2025 and its Executive Regulations, and applicable Group and SC Ventures standards.

Oversee FCC Operations procedures, desk instructions and process notes to ensure they remain accurate, current and consistent with approved policy.

Ensure regulatory and policy changes are reflected promptly in operational documentation.

Manage policy version control, approval routing and evidence under myZoi’s governance framework and Delegation of Authority.

Run the annual Policy Effectiveness Review, identify gaps and track remediation.

Compliance monitoring and testing

Act as CMAT Owner for the MLRO.

Prepare and maintain the Annual Compliance Monitoring and Testing Plan for MLRO approval.

Run quarterly testing cycles and thematic reviews.

Own the monitoring and testing methodology, sampling approach, severity ratings and root-cause categories.

Independently challenge first-line quality assurance and arrange retesting where required.

Maintain the CMAT Findings Tracker and monitor timely, sustainable closure.

Keep records of testing, findings, actions and closure evidence ready for audit and regulatory review.

Risk management and remediation

Work closely with FCC Operations as an independent second-line partner and monitor the performance of controls and processes, including CDD/EDD, customer risk rating, sanctions screening, transaction monitoring and fraud controls.

Escalate material, systemic or overdue issues and regulatory breaches to the MLRO and, where appropriate, the Executive Risk Committee and Board.

Track remediation arising from regulatory findings, internal audit, independent assessments and internal reviews.

Assess whether proposed remediation addresses root causes, is adequately evidenced and reduces recurrence risk.

Oversee FCC Operations’ handling of significant financial crime events and ensure relevant connected parties, particularly cross-border parties, are identified and reported at the appropriate internal and external levels.

Contribute to control development where Compliance is the defined risk owner under the Risk Management Framework.

Understand the technical operation of CDD, screening, transaction monitoring and case-management systems sufficiently to monitor and test their effectiveness.

Governance, MI and reporting

Prepare accurate and decision-useful FCC management information for the MLRO, Executive Risk Committee and Board.

Report on control performance, monitoring and testing results, findings, remediation, emerging risks and regulatory commitments.

Promote a culture of openness, trust, risk awareness and personal accountability.

Track policy rollout, attestations, training completion and adoption.

Support horizon scanning with Group and SC Ventures CFCC teams, including regulatory change, enforcement trends and emerging risks.

Coordinate FCC audits with Internal Audit, including evidence requests and management responses.

Regulatory and external liaison

Support the MLRO in managing relationships with the CBUAE and other relevant authorities.

Support licensing, regulatory reporting, information requests, examinations, inspections, thematic reviews and remediation commitments.

Act as the main contact for external consultants, auditors and independent assessors.

Agree scope, coordinate information requests, manage timelines, challenge draft findings and track agreed actions.

Ensure external FCC communications are coordinated, consistent, approved by the MLRO and properly recorded.

Training and awareness

Design and deliver regular CFCC training on regulatory developments, FCC policies and procedures.

Monitor training completion and effectiveness.

Reinforce obligations to escalate suspected money laundering, terrorism financing, proliferation financing and other financial crime concerns promptly to the MLRO.

Promote awareness of tipping-off restrictions and the need to protect confidential investigation and reporting information.

Desired Candidate Profile

• Who you are
• You display exemplary conduct and live by myZoi’s Values and Code of Conduct.
• You take personal responsibility for embedding high standards of ethics and regulatory and business conduct.
• You use sound judgement and can interpret complex regulatory requirements in a practical business context.
• You are confident challenging senior stakeholders and driving solutions and change.
• You build effective relationships across country, regional, business, Group and SC Ventures stakeholders.
• You are organised, curious, detail-oriented and comfortable working to deadlines in a fast-paced environment.
• You communicate clearly and write concise, persuasive reports and presentations.
• You bring an imaginative approach to improving processes, workflows, analytics and monitoring.
• You can see issues from multiple perspectives and keep asking why.
• You are willing to roll up your sleeves when challenges arise and contribute positively to team culture.