Specialist- Business Control

Job Description

JOB PURPOSE: The role holder is responsible:Coordinating the Operational Risk Management and Business Continuity (BCM) initiatives within Consumer Banking (CB), Global Private Banking (GPB), MagnatiSupport VP - Business Control in overseeing the finalization of CB DOA, CB pricing DOAs, Authorized signatories and operationalization of activitiesSupport VP - Business Control in facilitating governance related activities for CB in line with the bank principles as required ACCOUNTABILITIES:Operational Risk & Business Continuity Management:Risk & Control Self-Assessment (RCSA) for all CB,GPB and Magnati units, in liaison with Group Operational Risk Management Unit (GORM)Monthly reporting of Key Risk Indicators (KRIs) by all CB,GPB and Magnati units, through Archer systemSubmission of Action Plans related to breached KRIs by all applicable CB,GPB and Magnati units, through Archer SystemReporting of Operational Risk Incidents (ORIs) by all applicable CB,GPB and Magnati units, through Archer SystemCompletion of Business Impact Assessment (BIA) exercise by all CB,GPB and Magnati unitsBCM led activities for CB,GPB and Magnati.Coordinate implementation, update and continuous use of ORM tools. Spread awareness of ORM in general and ORM tools.Act as a liaison between CB,GPB and Magnati.Business units and Group Operational Risk TeamBusinessGovernance:Review and Finalize development of CB DOA to ensure clear roles and responsibilities are in placeOversee and review operationalization of CB Product Pricing DOA, and ensure adequate and aligned control mechanism is in place by Group/Business Finance.Facilities system updates in line with revised DOAsPeriodically review and monitor CB Authorized Signatories log and ensure it is within approved measuresFacilitate Adhoc - Reviews, ongoing Governance activities (BAU projects )People ManagementCollaborate with all Stakeholders to ensure seamless assignments deliveryDemonstrate adherence to FABs valuesStrategic ContributionSupport VP - Business Control in implementation of CB Strategy in alignment with the Groups Business Governance Framework to ensure vertical alignment and horizontal integration with other interfacing departmental strategiesEnsure internal dashboard and action plan is updated prior to Business Governance monthly team meetings.Budgeting and Financial PlanningSupport VP - Business Control in control and management of budgets allocated for all CB Business Control projects QualificationsMinimum QualificationBachelors Degree or Higher in Management in Banking or Finance or related discipline.Minimum Experience2 years relevant experience in the banking sector with at least 1 years in similar positions of progressively increasing managerial responsibilities in the function

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About Company

FAB, the UAE’s largest bank and one of the world’s largest financial institutions offers a an extensive range of tailor-made solutions, and products and services, to provide a customised banking experience. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading Corporate and Investment Banking and Personal Banking franchises.
Headquartered in Abu Dhabi, in Khalifa Business Park, the bank’s international network spans over 19 countries, across the world, providing the global relationships, expertise and financial strength to support local, regional and international businesses seeking to do business at home and abroad. In line with its commitment to put customers first, to Grow Stronger, FAB will continually invest in people and technology to create the most customer-friendly banking experience and will support the growth ambitions of its stakeholders across the global network in which the bank operates.