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 provide superior advice to FAB\'s Corporate Banking business. To provide thought leadership and support to business senior management in order to ensure that the business acts in a safe and sound manner in terms of the regulations to which it is subject, and that staff ensure compliance with prevailing rules, regulations and best practices, as well as embedding a strong culture of compliance within the business.

To manage compliance-related matters for FAB\'s Corporate Banking business and ensuring that CCB compliance programs are effective.

To ensure that regulatory risks for the Corporate Bank are identified, managed, escalated and reported through a self-sustaining Compliance Program, encompassing regulatory change and control management, regulatory and financial crime risk assessments, management and business reporting, assurance activities and training delivered to business staff.

KEY ACCOUNTABILITIES:

Job Specific Accountabilities

• Provide superior regulatory advice to the Heads of the Corporate Banking and Contracting (project finance) businesses in Abu Dhabi and Dubai, senior management and Corporate Bank and Contracting staff in general
• Advise on and support the management of financial crime risks emerging from the onboarding transactional activity of corporate clients in dynamic, fast-changing markets, both onshore in the UAE and through the UAE\'s free zone network
• Manage the creation, implementation and monitoring of end-to-end Compliance framework for the Corporate Banking and Contracting business segment, encompassing:

• A dynamic Compliance Business Strategy;
• Annual Compliance Plans that properly address Compliance needs and requirements in line with applicable laws, rules and regulations;
• Strong engagement with Regulatory Compliance colleagues to provide regulatory change management, as well as regulatory intelligence and horizon-scanning;
• Sponsoring, initiation of, and engagement in key regulatory projects designed to secure ongoing compliance with laws, rules and regulations;
• Advocating key Compliance policies and ensuring that they are syndicated with business staff and embedded in key business processes as appropriate;
• Execution of independent regulatory and financial crime risk assessments, and ensuring that businesses\' own risk and control self-assessments (RCSAs) are duly reflective of regulatory risks and controls;
• Preparation of key business and management reporting as a tool to provide CCB and Group Compliance Senior Management with visibility of crystallised and emerging regulatory and financial crime risks
• Develop a dynamic and relevant suite of Business Management and Governance reports designed to apprise Business Senior Management and Group Compliance Management of real and emerging threats to the business in terms of regulatory and financial crime risks
• Provide compliance advice to the business on regulatory developments and trends
• Provide regulatory second line of defence assurance, working with counterparts in all lines of defence to provide an end-to-end oversight mechanism, and engaging specifically with colleagues in Compliance Monitoring to commission risk-based monitoring and testing reviews targeted at inherent and residual risks and vulnerabilities to the businesses
• Liaise with other Compliance teams, including International Compliance, Financial Crime Compliance, Regulatory Compliance, Compliance Technology, Compliance Testing, Monitoring and Governance and other Business Compliance specialists to ensure the CCB business is following the latest regulations and international best practice
• Maintain and build an effective relationship with the business so that effective and proactive escalation of issues is achieved and risk is managed; ensure maintenance of a dynamic issues log to ensure that regulatory issues, relevant audit issues, Compliance Monitoring issues, and self-identified issues are managed to timely closure;
• Help with any matter related to overall management of the Corporate, Commercial and International Compliance team.
• Execute other duties as directed by the Corporate, Commercial and International Head of Compliance

Qualifications

Minimum Qualification

• Bachelor\'s degree or higher in a relevant discipline
• Compliance certifications are considered an asset

Minimum Experience

• Minimum of 10 years of experience in a reputed bank or any financial institution
• Minimum of 7 years of experience in Compliance, with a demonstrably strong understanding of financial crime rules, requirements, risks and risk management principles
• Excellent understanding of Central Bank of the United Arab Emirates\' (CBUAE) requirements as they pertain to banking small-to-medium sized enterprises
• Strong interpersonal, negotiation and facilitation skills
• Excellent project management and administrative skills.
• Team player, able to meet tight deadlines and manage challenging workload
• Focused on driving tasks to completion with pace, whilst retaining a high level of attention to detail and accuracy

First Abu Dhabi Bank