Who we are:

Stake is the MENA region’s most exciting real estate fintech company, combining real estate expertise and innovative financial technology to deliver products that empower everyone to own and build wealth through Real Estate. Launched in 2021 we have grown rapidly, leveraging decades of experience in technology, financial services and global real estate, to launch the MENA region’s first mobile app for fractional real estate investing.

This is just the beginning and we’re currently searching for highly talented individuals to join and help lead our expansion into international markets and new business lines

The Compliance Team

Safeguarding Standards: Our Compliance team ensures every transaction is transparent, legal, and aligned with Regulatory Guidelines, giving customers peace of mind in every Investment decision

We are looking for a proactive and experienced Head of Compliance (“HoCL”) and Legal professional who will report to the Group Head of Compliance to take responsibility for managing the Firm’s Compliance and Legal risk. The HoCL will assume responsibility for managing compliance and legal risks across the Firm. This role requires strong collaboration with all teams within the Firm.

🚀What you’ll do:

The Head of Compliance and Legal (HoCL) resident in the UAE and has responsibility for the implementation of the Firm’s Compliance policies, procedures, systems and controls and day-to-day oversight of its compliance with regulatory and legal obligations.

The responsibilities of the HoCL include, but not limited to, the following:

• Establish and implement and maintain oversight over the Compliance Monitoring Program (CMP);
  
• Ensure adherence to the requirements set out in the DFSA Rulebooks;
  
• Act as point of contact and manage regulatory relationships;
  
• Assume overall responsibility for the Firm’s Compliance framework;
  
• Conduct product risk assessments;
  
• Prepare reports for senior management, auditors, and external regulatory bodies as appropriate;
  
• Establish and maintain an appropriate Compliance training program and adequate awareness arrangements;
  
• Establish and maintain monitoring and reporting processes and procedures to ensure that any Compliance breaches are readily identified, reported and promptly acted upon;
  
• Ensure completion of at least 15 hours of structured continuing professional development (‘CPD’) hours per year relevant to [his/her] role (including any anticipated changes in the role), professional skill and knowledge and ensure that appropriate records of such CPD activities are maintained.
  
• Assume responsibility for legal documents, such as the Firm’s terms and conditions;
  
• Act as Secretary at board meetings; and
  
• Manage relationships with the Firm’s external legal counsel.

👀 What we’re looking for:

• Bachelor’s degree or equivalent experience in compliance and legal. Relevant education will be considered.
• Strong business acumen;
• Attention to detail, strong leader and comfortable solving complex problems;
• Comfortable and proven track record of working in a high paced environment;
• Proven track record and experience in managing regulatory relationships, the ideal candidate would have previously been authorised by the Central Bank of the UAE, DFSA or FSRA. UAE experience is mandatory;
• A go getter mindset, with a no task is to small mindset; and
• Excellent technical understanding and experience of UAE regulatory environments, policies, standards, horizon scanning and risk & controls assessment.
• Proactive, detail-oriented, excellent communicator, and capable of managing multiple tasks efficiently. The preferred candidate should have excellent stakeholder management skills.
• Preferred Languages: English and Arabic.

😇 Why you should join Stake:

• Hybrid work environment
• Work directly with senior leadership in one of the region’s fastest growing start-ups; you will get exposure to all functions at Stake and have the chance to learn from the very best in the space!
• Generous equity compensation; this aims to bring a high degree of ownership into your work. As Stake grows, you grow with it!
• Budget for learning and development; we want all our employees to constantly strive for personal and professional growth
• Best in class end of service savings scheme; through DIFC-sponsored DEWS programme
• Off-sites and regular team events

Stake has a high performance culture where the bar is always rising. We bring on brilliant, ambitious and curious people who see the value in Stake and want to grow with us.