JOB PURPOSE:

The VP, Governance & Compliance is responsible for supporting the SVP - GCEO\'s Office on matters related to business governance, compliance, internal audit & risk requirements. Provide the GCEO\'s Office leadership team with advice relating to frameworks and models of governance, compliance, audit and risk. Coordinate between Business units and Group Internal Audit (GIA) to ensure that all outstanding audit issues are properly addressed and closed by the respective businesses in a timely manner. Act as a focal point for any related requests received from applicable Regulators.

KEY ACCOUNTABILITIES:

Performance

• Monitor the performance of governance/compliance, audit & risk issues assigned to businesses for closure.
• Maintain and update a data repository of all open Audit items (domestic, international & central bank related) per department and with respective due date, aging, risk rating, etc. The data repository must be up to date and should be always available for discussion with the SVP - GCEO\'s Office.

Policies, Systems, Processes & Procedures

• Understand and provide feedback on related procedures, charters, risk appetite and frameworks issued by compliance, governance, risk and audit.
• Follow up on Business departments and support Audit and compliance to ensure that businesses deliver on or before the due dates.
• Review and summarize committee material. Follow up on minutes of meeting and pending action items.
• Liase with Governance and ensure work required for UBF and CEO advisory meetings are handled efficiently and effectively while keeping the CEO Office fully informed.
• Keep track of correspondence from Central Banks and other government authorities in areas relating to compliance, governance, audit and risk.

Continuous Improvement

• Participate in the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction across compliance, governance, risk and audit.

Reporting

• Prepare summarized reports on open audit and risk issues to the GCEO for discussion as well as related submissions, minutes of meetings, suggestions for improvements, frameworks etc proposed to GCEO.
• Ensure the CEO\'s Office is fully briefed on open items by departments regularly.

Generic Accountabilities

• Oversight and maintenance of the corporate governance framework for the assigned office.

Specific Accountability

Advisory

• Advise the GCEO office on regulatory and financial crime compliance matters and ensure that gap analysis related to new regulations and requirements is being carried out by the business in coordination with Group Compliance as needed.
• Review all Risk Committee materials and provide summaries, insights and enhancements as needed in line with the bank\'s strategic priorities.
• Review all Audit committee materials and provide summaries, insights and enhancements as needed in line with the bank\'s strategic priorities.
• Review all compliance committee materials and provide summaries, insights and enhancements as needed in line with the bank\'s strategic priorities.

Audit

• Track updated lists of outstanding audit issues received from Group Internal Audit (GIA) on a monthly basis for all business units.
• Create executive summaries to the SVP - GECO\'s Office of audit reports and submissions to the audit and governance committees.
• Conduct regular meetings with Audit and business functions to discuss pending issues and other Audit related matters.

Focal Point (Regulatory Requests)

• Receive regulatory requests applicable to the Business from Group Compliance; in particular from the Regulatory Compliance unit within Group Compliance.
• Coordinate with the related Businesses and support functions to obtain the necessary data and documentation required to fulfil regulatory requests within defined deadlines.
• Participate in meetings/conference calls with applicable Regulators on current requests as needed in full coordination with Group Risk and Regulatory Compliance.
• Interact with all relevant stakeholders in order to prepare necessary summaries to the GCEO.

Qualifications

QUALIFICATIONS & EXPERIENCE:

Minimum Qualification

• Bachelor\'s Degree or Higher in Management, Banking or Finance, preferably with certification in Compliance, Risk management, Group Internal Audit or Corporate governance

Minimum Experience

• At least 12-15 years of business experience in a reputed bank.
• At least 5 years technical experience across various aspects of Regulatory and Financial Crime Compliance or in Internal Audit.
• Minimum of 5 years of advisory experience in Banking sector.

Required Attributes:

• Strong interpersonal, communication and people management skills.
• Ability to develop relationships and credibility at the highest levels of the organization.
• Strong presentation and training skills and ability to present ideas clearly.
• Strong presentation skills and creative ability (i.e. MS Word, MS Excel, MS PowerPoint, OneNote, etc.) to present visual compelling documents and summaries.
• Able to take a strategic approach to the work of the committees and recommend, influence and implement best practices in committee structures and operations.
• Strong drafting skills - able to take technical instructions and convert to plain English guidance.
• Strong research skills and excellent report writing.
• A good negotiator and problem solver, ability to think laterally and creatively.
• Ability to communicate and influence at the senior levels at Group and international level.

First Abu Dhabi Bank