Vp- Regulatory Oversight, UAE National Only

4 days ago


Abu Dhabi, United Arab Emirates First Abu Dhabi Bank Full time

Job Description**
JOB PURPOSE**:
**KEY ACCOUNTABILITIES**:
Understand the regulatory position around the key areas in the bank and ensure that the regulatory viewpoint is clearly identified and communicated so that FAB remains compliant from a regulatory aspect.

Develop a complete framework for effective oversight over all regulatory driven activities.
**Job Context**

Support the Head of Regulatory Compliance as follows:

- Identify the regulatory challenges and solutions based the FAB Group’s risk appetite from a regulatory perspective
- Lead and develop the regulatory oversight framework around the key regulations that impact business functions and processes within the FAB Group as whole to ensure compliance with all regulatory requirements
Validate whether the management actions are adequate to ensure FAB is compliant with the regulatory requirements
- Provide ongoing guidance to senior management over the key regulations impacting FAB Group
- Effectively communicate the regulatory position and the actions that need to be implemented/ work around processes and procedures that can be adapted in order to be compliant with the regulatory requirements.
- Assist the Head of Regulatory Compliance in other activities as needed and directed.

Qualifications**
7. QUALIFICATIONS & EXPERIENCE**:
**Minimum Qualification**
- Bachelor’s Degree or Higher in Management, Banking or Finance, preferably with certification in compliance, corporate governance and risk management.
**Minimum Experience and Required Skills**
- At least 15 plus years of experience preferably in Regulatory Compliance and business knowledge
- Excellent understanding of Local, Regional and International Regulations
- Excellent knowledge of business banking and operational risks
- Strong interpersonal, people management and facilitation skills with good leadership skills
- 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.



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