Company Description

Join the UAE\'s largest bank and one of the world\'s largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders and communities to grow through differentiation, agility and innovation. We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting and dynamic industry.



JOB PURPOSE:

To support the Group Consumer Banking ( CBG ) Compliance Team, provide Compliance advisory to CBG Products, Wallets, Digital, S&D, Elite, Card& Dubai First and FAB Islamic on all compliance related queries, and act as SPOC compliance person for these business units including escalations related matters.

KEY ACCOUNTABILITIES: KEY ACCOUNTABILITIES:

Generic Accountability

Policies, Systems, Process & Procedures

• Support the Business Units to adhere to Group Compliance policies, procedures and processes.

Continuous Improvement

• Identify opportunities for continuous improvements to related systems, processes and practices based on risks and control deficiencies identified.

Reporting

• Provide guidelines to the Technology, Data & Reporting Team on KPI\'s and KRIs for reporting to senior stakeholders.
• Prepare MI related to CBG for reports to the CBUAE, and other regulators as and when required.

Group CBG Advisory and Administration

• Provide Compliance advice to internal and external (Group wide) stakeholders as required.
• Develop and strengthen relationships to promote best practice and ensure a good understanding of Compliance requirements across CBG.
• Provide advice for the CBG new policy, procedures, and process.
• Provide advice for the CBG product review process and financial promotions.
• Advise Business Units with technical insights and build credibility based on an understanding of their challenges related to products, customers and transactions.
• Provide updates to CBG business on compliance requirements, best practices, market news, international regulations, hot topics and regulatory changes.
• Support the Business Units during CBUAE audits and in responding to adhoc requested from CBUAE.
• Coordinate with Regulatory Compliance and FCC functions to provide recommendations on compliance risks as and when needed; otherwise, advise Regulatory Compliance and FCC functions on decisions being made
• Connect requestors to Compliance colleagues to obtain approvals (where required), track and maintain records of decisions for the business unit.
• Review account closures following decision to exit for Compliance reasons.
• Provide support in breach handling and breach reporting.

Generic

• Track progress on implementation of Internal Audit and Compliance Monitoring recommendations for the CBG Compliance Team.
• Support in execution and program management of financial crime related projects as per the project guidelines set by the Compliance Governance Department.

Qualifications

Minimum Qualification:

• Must have bachelor\'s degree.
• Desirable: Chartered Accountant/ master\'s in business administration (MBA) or any other relevant finance degree or diploma.
• Any other compliance qualification and accreditation obtained from the reputable institutions such as ICA, ACAMS, CISI etc.

Minimum Experience:

• At least 10 years of business experience preferably in Compliance and/or Audit in Banks and Financial Institutions.
• Should possess an excellent understanding of UAE Federal Laws, CBUAE regulations and knowledge in regional international laws and regulations pertaining to securities.

Required Skills:

• Should be able to generate ideas, think creatively, develop innovative solutions, and build effective business relationships quickly.
• Should be a Team player, able to meet tight deadlines and manage a challenging workload.
• Should be fluent in speaking and writing in English.
• Should be focused on driving tasks to completion with pace, whilst retaining a high level of attention to detail and accuracy.
• Should be discrete and have a sense of integrity and handle sensitive information with absolute confidentiality.

First Abu Dhabi Bank