Manager, Governance & Control – Wealth Management

Role : Manager Governance & Control - Wealth Management
Location : ADIB HQ
Role Purpose:
Ensure Wealth Management business compliance with all applicable regulatory requirements and internal control frameworks proactively identify and mitigate risks and enhance the operational efficiency effectiveness and control environment of the business.

Key Accountabilities of the role

• Design and maintain controls and processes to ensure WM compliance with applicable regulatory requirements (CBUAE SCA etc.).
• Lead dissemination and implementation of regulatory requirements across WM in coordination with Compliance Governance HR and Frontline teams.
• Act as the primary WM liaison with internal stakeholders including Compliance Shariah ORM CPR and BORM.
• Conduct regulatory gap analyses and drive process updates arising from regulatory business or annual reviews.
• Oversee closure of all internal and external audit actions.
• Prepare and deliver governance and control reporting to Senior Management and stakeholders.
• Ensure timely compliance with all internal control requirements and coach WM Middle Office on control execution.
• Monitor WM operations at a high level to identify emerging risks and control gaps.
• Coordinate regulatory engagement and periodic reporting with CBUAE SCA and other regulators.
• Support Internal Audit reviews and conduct periodic business and product compliance reviews.
• Support new product launches by ensuring documentation approvals and processes meet regulatory requirements.
• Drive digitalization and automation initiatives across WM governance controls and reporting.
• Resolve escalated WM issues and management action items (e.g. BRCC).
• Maintain and enhance RCSA KRIs MIS reporting and undertake adhoc assignments as directed.

Specialist Skills / Technical Knowledge Required for this role:

• Efficient and timely problem-solving skills
• Good knowledge of internal/ external controls
• Ability to apply possible scenarios and view potential risks
• Complete knowledge and understanding of the operational function
• Ability to foresee and implement system changes and enhancement
• Customer service skills and complaints resolution skills
• Ability to exercise required controls to mitigate risks arising from non-compliance or non-adherence
• Excellent communication/interpersonal skills
• Ability to work in a fast-moving and complex environment while meeting deadline