Melissa Campbell’s Post

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Leading the GRC & Finance practice at Venture Search, for clients regulated by DFSA, FSRA, UAECB, and SCA

I’ve helped dozens of firms hire for DFSA/FSRA compliance officers / MLRO’s, and the market remains extremely competitive, here’s my tips to employers to attract and secure the best talent in the market. Competitive Compensation Packages: In a competitive market, offering attractive compensation packages is crucial. This includes not just salary, but also benefits like health insurance, retirement plans, bonuses, allowances, child support, individual incentives, equity schemes in the company and other perks. Career Development Opportunities: Highlighting opportunities for career growth and development can be very appealing to candidates. This could include training programs, mentorship opportunities, and clear paths for advancement within the organization. Emphasize Company Culture: A positive and supportive company culture can be a major draw for candidates. Highlight aspects like a collaborative work environment, diversity and inclusion initiatives, and work-life balance policies. I personally think this is one of the main points when hiring the best talent, they want to work daily with good people to help and support in a positive culture. Flexible Work Arrangements: Offering flexible work arrangements, such as remote work options or flexible hours, can attract candidates who value work-life balance or have other commitments outside of work. Clear Job Descriptions: Ensure that job descriptions are clear, accurate, and comprehensive. Candidates should have a clear understanding of the responsibilities, qualifications, and expectations for the role. Streamlined Recruitment Process: A lengthy or cumbersome recruitment process can deter top candidates. Aim to streamline the process as much as possible while still ensuring thorough evaluation of candidates, this is where the benefit of recruiters can come into play as they manage this role process in a timely manner to support both client and candidate till the end of the process. Highlight the Importance of Compliance: Emphasize the critical role that compliance officers and MLROs play in maintaining regulatory compliance and mitigating risk for the organization. This can attract candidates who are passionate about upholding ethical standards and ensuring regulatory compliance. Demonstrate Commitment to Compliance: Showcasing the organization's commitment to compliance and ethics can help install confidence in candidates. This could include highlighting compliance initiatives, investment in compliance technology, and a strong compliance culture within the organization. Engage with Passive Candidates: Don't limit your search to active job seekers. Engage with passive candidates who may not be actively looking for new opportunities but could be open to the right offer.

Naveen Kumawat, CAMS

Senior Compliance Officer

3mo

This is Helpful! Adding to Company Culture: It is very important to briefly describe the company culture. Focus on positive environment, work life balance and encouragement to new ideas. This helps employers to attract the best telant and guides candidate to assess his/her future employer. Job Description: Employers should be clear & stick with JD. Sometimes they find absolutely matching candidate and during the interview process or at job, they come up with new requirement which is resulting no benefits to either side but squandering the time and efforts.

Stephen L.

Board Director, Chief Governance Officer

3mo

Bang on

MUYAO LI

AML | Sanctions | KYC/DD | Compliance | Transaction Monitoring | MLRO (CAMS | CGSS)

3mo

Good point!

Hedeel Mahdi-King

Building Compliance For Regulated Fintechs in AME

3mo

Spot on Melissa!

Naveen Kumar, CDAA® , CIA, IA-Cert

Global Business Manager-Bancassurance, Standard Chartered Bank, Singapore. Certified Internal Auditor, Digital Assets Governance enthusiast, Certified Cryptocurrency Auditor, Certified ESG Practitioner.

3mo

Insightful!

Ahmed El Gamal

Operation -Central Processing Unit Officer at NBQ, KYC,EDD,CDD,Onboarding

3mo

Interesting!

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