VP- Regulatory Compliance Enterprise

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.Reporting to the Head of Regulatory Compliance, the main responsibilities of this role are to support the businesses and functions in adhering to regulatory requirements managing related projects and transformations to ensure the bank meets the needed standards applicable across various regions.The role holder may from time to time be assigned to other managerial tasks within Compliance to support divisional requirements.Key Accountabilities:

• Build and maintain productive business relationships with regulators and management across the regions, must have a strong project management skills and the ability to work cross-functionally across the regions to effectively deliver the role purpose.
• Act as an advisor to the different related divisions across the Group by soliciting with authorised expertise as required to provide timely and accurate Compliance advice on any critical regulatory obligations to ensure continued expertise is provided to the business functions.
• Keep abreast of related rules, regulations and best practices pertaining to extraterritorial regulations, assess its impact on FAB and update the business functions accordingly.

Support the Head of Regulatory Compliance as follows:

• Lead and manage the implementation and monitoring of the framework and plan pertaining to Regulatory projects that properly addresses the compliance needs and requirements of the related divisions in line with extraterritorial regulations that best meets the needs of Group FAB.
• In partnership with related stakeholders, manage all regulatory initiatives group wide and assist in their proper implementation until BAU.
• Govern related infrastructures and transformations in line with regulatory requirements which includes but not limited to setting and customising policies, procedures, processes.
• Monitor the implementation of the requirements set forth from regulatory projects to ensure their proper adherence to existing systems and controls.
• Revamp systems and controls where applicable on an ongoing manner to ensure FAB?s compliance with respective regulations maintaining their adequacy and effectiveness.
• Assist the Head of Regulatory Compliance in other activities as needed and directed.

QualificationsMinimum Qualification

• Bachelor?s Degree or Higher in Management, Banking or Finance, preferably with certification in compliance, corporate governance, risk management or internal audit.

Minimum Experience and Required Skills

• At least 8 years of business experience preferably in Compliance and/or Audit in Banks
• Excellent understanding of regional laws and regulations related to extraterritorial regulations
• Excellent Knowledge of the operational risks in different business banking functions.
• Excellent project management skills with strong control
• Strong interpersonal, people management and facilitation skills with good leadership skills
• Team player, able to meet tight deadlines and manage challenging workload
• Preferably bilingual, Fluent in English and Arabic with strong written and verbal skills
• Focused on driving tasks to completion with pace, whilst retaining a high level of attention to detail and accuracy
• Discrete and has sense for integrity and handles highly sensitive information with absolute confidentiality.

Keyskills :