Sr. Manager - Regulatory Compliance

Primary requirements for are to fully establish and lead the RC Function with responsibility for ensuring appropriate compliance framework, policies standards and procedures are in place for relevant areas including:
o Compliance Oversight of Complaints;
o Regulatory Engagement with Central Bank of the United Arab Emirates (CB UAE) and other relevant regulators alongside having overall responsibility for horizon scanning within the Compliance Department ;
o Conflicts of Interest setting policy and procedural requirements for Bank and managing associated Compliance processes;
o Conduct Compliance matters, including Consumer Protection and Market Conduct;
o Management of Compliance input to key governance forum, including Compliance Committee (CC), Management Risk Committee (MRC) and Board Risk Committee (BRC); and
o Oversight of Bank s Compliance Assurance & Attestation Program delivered through relevant GRC technology.
In addition will be key member of Compliance Management team ensuring all aspects of Compliance agenda are met, including effective escalation to management when needed and feedback to internal and external sources.
Key Accountabilities
Deliver consistent high quality compliance advice in the Business Lines for Regulatory Compliance areas to ensure delivery of service standards to external and internal stakeholders.
Key member of Compliance management team leading setting agenda and framework for Department, deputising for Head of Compliance in key meetings.
Ensure all CB requirements are met for Complaints Handling, including reporting, and all other obligations.
Managing direct report responsible for interaction with Central Bank, SCA, other regulator and UBF ensuring all workflow is captured, reported, analysed as relevant.
Managing Policy, procedures and associated Compliance responsibilities for Conflicts of Interest , including establishing and maintaining Conflicts of Interest register.
Working with Bank Wide project team to support and provide input to implementation of CBUAE new Consumer Protection and Market Conduct legislation.
Driving the Compliance Assurance Programme across the Bank (supported by Banks GRC technology platform Chase Cooper), including liaison with managers responsible to complete reports, the Head of Compliance, Chief Risk Officer, Head of Operational Risk and NBF Management Risk Committee as appropriate.
Other Accountabilities
Setting and driving the priorities for regulatory compliance advisory relationship engaging with Business Heads and other control functions to ensure timely and accurate advice.
Ensure timely and accurately advice is given on new products and product updates launched by the respective businesses.
Where applicable, to support Head of Compliance in reviewing Business Line and Compliance audit items and to support departments to roll out agreed actions and mitigants.
To review new Policies, Standard Operating Procedures and/or guidelines pertaining to CIBG, Retail, Treasury and other business areas to provide input to Department Heads prior to sign off.
Assist the Head of Compliance, Compliance Management and MLRO in providing training and awareness to relevant stakeholders, especially in high risk business areas.
Actively participate within relevant industry groups to ensure alignment of Compliance methodology and influence national trends in Compliance Risk Management.
Act as a culture carrier as would be expected from Risk Department to meet the high and consistent ethical standards expected at NBF in line with PRIDE values.
Other Accountabilities
Job Context
To keep up to date with industry and regulatory changes effecting Compliance in the region and to make appropriate plans to comply with and anticipate such changes, including performance of continuous timely and accurate due diligence, and trainings for stakeholders
Drive change initiatives across the organisation, and to drive a culture of pro-active correspondent banking compliance.
Education
A minimum bachelor s degree in a business related field or equivalent
Experience and Skills
A recognised qualification or certification in Banking, Compliance, Internal Audit or Law.
Work Experience
>10 years of compliance/assurance banking experience of which 5 years in a similar role, preferably in international institutions.
Specialist Skills/Competencies Required for the Role
Excellent communication skills (both written and verbal)
Attention to detail and quality standards
Interpersonal skills
Ability to manage a diverse team
Problem solving and effective decision making
Excellent computer skills
Behavioural Competencies
Change and Innovation - Advanced
Communication - Advanced
Delivering Value - Advanced
Empowering and developing self and others - Advanced
Evaluating and Solving Challenges - Advanced
Results Orientation - Advanced
Vision and Strategy - Advanced
Working and collaborating with others - Advanced
Technical Competencies
AML,CTF,Sanctions- Financial Crime- Risk Management- Advanced
Regulatory Compliance and Fraud- Risk Management- Expert
Operational Risk Management -Risk Management- Advanced
Market and Liquidity Risk Management- Risk Management- Proficient
Credit Risk Management- Risk Management- Basic
Risk Analytics and Basel - Risk Management- Basic
Enterprise Risk Management (ERM) & Governance - Risk Management-Advanced
Cyber & Information Security - Risk Management- Proficient