Risk & Compliance Associate

  • Full Time
  • Dubai
  • Posted 1 month ago


About Us
The payments market is the most exciting technology market in the world today for good reason. McKinsey values it globally at over $2 trillion and it’s growing between 13-15% year-on-year. Some of the largest most dynamic brands are investing in this sector; Apple has ApplePay, Google has GooglePay, Amazon has AmazonPay, and it’s not just the Silicon Valley brands. Tencent owns WeChatPay, Alibaba owns Alipay and digital disruptors like Square, Stripe and Adyen all invest millions to grow the payments market.
Planet are a technology company that’s transforming payments by putting the customer experience first. We help our customers deliver a better experience for guests, shoppers, and consumers everywhere. We operate in a market that continues to evolve and expand, partnering with the world’s most prestigious brands across Retail and Hospitality, and with a network of Financial Services partners worldwide.
To meet consumer demands, payments must be simple, safe, and invisible. The only way to do this is to fully embed payments in the software that runs business. By combining software and payment technology, Planet’s creating a world of connected commerce, that makes payments feel good.
We’re growing organically, and with strong Private Equity investors, Advent International and Eurazeo, we’ve the financial capital and expertise to grow our capabilities and reach through acquisition.
Tax Free Middle East & Asia
Planet Tax Free solution was first launched in UAE in 2018 and the team have been constantly innovating and pushing the solution forward since then. In September 2022, Planet with the help of its global teams launched the world’s first paperless fully digital tax-free experience.
The Tax-Free Retail Team at Planet places a lot of emphasis on digital transformation for the tax-free business globally. It’s a truly exciting time to be working in the Retail vertical, to really think through what feel good commerce means to our Merchants and their Shoppers and especially bringing our unique connected commerce proposition to life across all our Payment and Software solutions.
Role Overview
Planet is seeking an energetic, enthusiastic and detail-oriented team player to join the Head of Risk, Compliance & Governance in the Middle East, based in Dubai UAE.
What you will do

You will perform assessments of all processes through a risk based approach, to ensure compliance with regulation and to ensure fraud and credit risk are acceptable to the business;
Conduct risk-based investigations and fraud monitoring reviews within agreed SLAs
Manage risk related ad-hoc activities and recommend SMART actions are taken on each activity in a timely manner;
Support the development and implementation of a Risk Management Framework within the business and play a key role in the identification and management of risk issues on behalf of the UAE business;
Perform assessments of the IT risk related aspects of the business;
Conduct reviews of processes to check compliance with regulatory requirements;
Assist in completing regulatory requirements and reporting under the guidance of the Head of Risk, Compliance & Governance
Report regularly to the Head of Risk, Compliance & Governance on the status of fraud investigations and the development of the UAE business’ fraud risk profile;
Liaise and work closely with team in Information Technology, Merchant Account Services, Finance, Customer Happiness Centre and Operations as required and as appropriate;
Do their part to ensure that all activities comply with relevant legislation and regulation
Who you are

Bachelor’s degree or equivalent education required as minimum. Knowledge of commercial financial products/services;
Appropriate level of knowledge and experience of best practice fraud risk management and governance frameworks and methodologies;
At least 3 years’ experience in risk, compliance, governance or audit functions;
Understanding of banking/financial services industry. Basic understanding of payments products, services, and operations (or equivalent in other financial services organizations)
Familiar with Microsoft applications, including Word, Excel or other database applications.
Strong analytical skills. Strategic Thinking and Planning. Adaptive to fast-paced work environment.
Effective communicator. Written and spoken fluency in English required. Arabic is an added advantage.
Why Planet
At Planet we love to see faces in the office but understand some of life’s competing priorities; and that’s why Planet’s flexible working policy means employees have the autonomy to manage their working time to welcome flexibility in juggling their work/life balance. We are all about the quality of work being delivered on time, not the quantity, so how you get there is up to you (and your manager).
Planet is an equal opportunity employer where diversity is valued, and all employment is decided based on qualifications, merit, and business need.
Come and grow your career in the most exciting, fast paced technology market, with a business that delivers feel-good connected commerce. We would love to hear from you – Apply now.

To apply for this job please visit weareplanet.pinpointhq.com.

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