Should Your Business Hire a Full-Time Compliance Officer or Opt for Part-Time Support?

The recent regulatory changes introduced by the UAE’s Securities and Commodities Authority (SCA) underscore the growing importance of compliance across industries. With businesses now required to appoint an independent compliance officer, many are grappling with the question: should this role be full-time or part-time?

Compliance is no longer a “nice-to-have.” It’s a fundamental aspect of modern business operations, safeguarding organizations against risks, penalties, and reputational damage. However, as companies navigate the specifics of their compliance needs, cost, scale, and long-term goals must all be considered.

The Case for Part-Time Compliance Officers

For smaller or less complex organizations, hiring a part-time compliance officer can be a cost-effective solution. If your business is already fully compliant and does not anticipate significant future complexities, engaging someone for one to three days per week could suffice. This arrangement can ensure that you meet regulatory requirements without the financial commitment of a full-time hire.

Part-time compliance officers bring flexibility and expertise at a fraction of the cost, making them an attractive option for businesses with straightforward compliance needs. Such professionals can perform audits, ensure policies are updated, and maintain regulatory reporting without being overburdened or underutilized.

The Long-Term Value of a Full-Time Compliance Officer

While a part-time solution might work for some, there are compelling reasons to consider investing in a full-time compliance officer. Compliance is not static—it evolves alongside regulations, market dynamics, and the unique operations of each business. A full-time officer can integrate deeply into your organization, developing a nuanced understanding of your business processes and fostering a culture of compliance.

Moreover, as compliance requirements grow more complex, the risk of falling behind increases. A full-time officer can proactively identify risks, implement robust systems, and provide strategic insights to ensure your business remains ahead of regulatory changes. For companies with growth aspirations, diverse operations, or high exposure to regulatory scrutiny, having a dedicated compliance expert is a sound investment.

It is also easier to find good full-time talent, as only a small percentage of the market will consider taking on a part-time role.

Balancing Immediate Needs with Future Growth

The decision to hire a full-time or part-time compliance officer hinges on your current operations and future outlook. If your compliance risks are minimal and your processes are already streamlined, a part-time officer might suffice in the short term. However, for companies operating in heavily regulated industries or with ambitious growth plans, hiring a full-time compliance officer can pay dividends in the long run.

Compliance is Here to Stay

Regardless of the path you choose, one thing is clear: compliance is not a temporary concern. The SCA’s recent regulatory changes reflect a global trend toward more rigorous oversight, and businesses that view compliance as a strategic function rather than a box-ticking exercise will be better positioned for sustainable success.

Investing in the right compliance resources today—whether full-time or part-time—can save costs, protect your reputation, and lay the foundation for a resilient, growth-ready organization. As compliance becomes increasingly integral to doing business in the UAE and beyond, the role of the compliance officer will only grow in importance.