Job Description

Job Purpose The job holder will primarily be responsible to manage the Regulatory Compliance function/activities including but not limited to CBUAE Notices, Regulatory Breaches, FATCA / CRS, Governance Policies, Compliance Monitoring & Quality Assurance of Compliance activities. Job Accountabilities Development of Regulatory Compliance governance documents in line with regulatory requirements. Dissemination and conducting gap analysis of CBUAE Notices with relevant stakeholders. Development and execution of Compliance Monitoring and Quality Assurance annual plan. Maintain a register for regulatory notices and related communications. Keep abreast of new regulations and updates to existing regulations. Providing advisory on regulatory matters to the internal stakeholders. Maintain a breach register to document all highlighted regulatory breaches and conduct necessary follow-up for closures. Review bankaEUR(TM)s policies and procedures and provide feedback from regulatory compliance perspective. Report regulatory issues and breaches to the Senior Management and respective Board Committee. Assist in facilitating correspondence between IB and the Central Bank of UAE (CBUAE) and other local authorities. Send regulatory reports and approval requests to the CBUAE, received from the internal stakeholders. Assisting with FATCA/CRS obligations to ensure appropriate guidance and advice, monitoring, reporting, and training is undertaken, and deadlines are met (as required). Assist in preparation of all reports/MIS on issues relating to compliance and ensure that same are provided in a timely manner to fulfil department obligations. Performing any other duties or responsibilities consistent with the role as assigned by the line manager. Qualifications, Experience & Skills Qualifications

Tertiary education with a BacheloraEUR(TM)s degree as a minimum from an internationally recognized educational institute. Experience

Minimum 7 years' experience in a banking / financial institution environment of which 2 yearsaEUR(TM) experience should have been in Regulatory Compliance or similar. Job Specific Skills

In depth knowledge and understanding of CBUAE and other related AML / CTF regulations. Understanding of regulatory expectations, protocols, and procedures Preferred Certification/ Training

Any Compliance qualification or certification, such as ACAMS and /or CFCS certifications or any other relevant AML/ Compliance qualifications from an internationally recognized body will be considered as an advantage. Generic Skills Requirements

Analytical, problem solving and decision-making skills. Attention to details. Independent and self-starter. Organizing skills. Strong team player. Good written and oral communication skills #J-18808-Ljbffr