hireejobsgulf
Register for Job

VP- Compliance - Commercial Banking Group

7.00 to 10.00 Years   Abu Dhabi, United Arab Emirates   17 Sep, 2022
First Abu Dhabi Bank - Other locations
1 Jobs Openings
Job LocationAbu Dhabi, United Arab Emirates
EducationBachelor's degree / higher diploma
SalaryNot Mentioned
IndustryBanking
Functional AreaNot Mentioned

Job Description

Company DescriptionNow it?s your time to join the #1 bank in the Middle East and one of the most prestigious financial companies in the region. Shaking up the world of banking requires a lot of smarts and skill. We?re looking for the brightest and best to help us reach our goals and we?ll also help you reach yours. Your success is our success as you grow stronger in your career. Join us and leave a legacy of your own, as a pioneer in both the company and the industry.To manage compliance-related matters for FAB?s Commercial Banking Group (CBG) within the Corporate, Commercial & International Banking Group portfolio and ensuring that CBG compliance programs are effective.To provide compliance advisory support to CBG management and staff to ensure compliance with prevailing rules, regulations and best practices. This role is a global role and jobholder will be responsible for overseeing Compliance programs for CBG in the international locations where FAB is present and the CBG is engaged.Job Specific Accountabilities

  • Manage the creation, implementation and monitoring of a CBG Compliance framework and plans that properly address Compliance needs and requirements in line with applicable laws, rules and regulations
  • Provide regulatory second line of defence assurance, working with counterparts in all lines of defence to provide an end-to-end oversight mechanism
  • Provide timely compliance advisory and support to the CBG business which focuses on small-to-medium sized enterprise (SMEs), providing a full suite of commercial banking products
  • Build and maintain productive business relationships with business partners across all of CBG?s product offerings
  • Provide compliance advice to the business on regulatory developments from all impacted regulatory jurisdictions
  • Advise on the rollout and implementation of Group-wide Compliance policies and procedures.
  • Provide proactive business advice on policy initiatives, projects, new business developments and process improvements
  • Act as the main point of contact for the CBG business for any related matter to Compliance, regulatory matters, and matters of conduct or financial crime
  • In particular, support the business in the management of its financial crime risks and risks pertaining to know-your-customer (KYC) and due diligence requirements
  • Liaise with other Compliance teams, including CCIB Compliance colleagues, Financial Crime Compliance and Regulatory Compliance teams to ensure the business is following the latest regulations and best practice
  • Maintain and build an effective relationship with the businesses so that effective and proactive escalation of issues is achieved and risk managed
  • Support the CBG Business in adherence to Group Compliance policies, procedures and processes and assist business management to ensure fulfilment of its regulatory responsibilities.
  • Participate in key compliance initiatives and monitor Compliance-related projects for the CBG business
  • Produce and review relevant MI and information prior to submission to Governance Committees and senior management
  • Help with any matter related to overall management of the CCIB Compliance team.
  • Execute other duties as directed by the CCIB Head of Compliance

Keyskills :

APPLY NOW

Related Jobs

© 2023 HireeJobsGulf All Rights Reserved