
Retail Banking Governance Lead
4 days ago
We are seeking a highly skilled Retail Banking Governance Lead to join our team at ADIB - Abu Dhabi Islamic Bank. As a key member of the Retail Control and Governance Department, you will be responsible for overseeing the effective governance and compliance of retail banking operations.
The ideal candidate will have a strong understanding of banking operations, internal controls, and regulatory requirements. You will work closely with various departments to design and implement effective business controls across retail banking operations.
Your key responsibilities will include:
- Risk Management & Compliance
- Assess and monitor retail banking activities to identify potential risks and ensure compliance with all regulatory and internal policies.
- Monitor Key Risk Indicators (KRIs) and ensure scoring as per defined cycles.
- Conduct regular reviews of retail banking processes to verify adherence to controls and compliance standards.
- Ensure proper implementation of risk mitigation strategies in retail units.
- Investigate and address any non-compliance or control weaknesses, recommending corrective actions where necessary.
- Process Improvement
- Identify and recommend process enhancements for improving efficiency, reducing operational risk, and enhancing customer satisfaction.
- Collaborate with other departments to design and implement effective business controls across retail banking operations.
- Analyze business performance and trends to identify areas for improvement and optimize operational workflows.
- Control Implementation & Monitoring
- Develop and maintain key control processes for retail banking services and activities.
- Conduct control testing across Retail Banking (excluding branches) as per defined RCSA Cycle.
- Monitor compliance with control frameworks and provide reports on performance, findings, and recommendations.
- Ensure effective documentation and implementation of all business control processes.
- Reporting and Communication
- Prepare and present detailed reports on operational control performance, compliance status, and any significant issues to senior management.
- Work closely with business units to align control objectives with strategic goals and report on progress.
- Support
- Support RBG units where required, in complying with GIA and 2nd LOD recommendations.
- Follow up on issues raised and recommendations made by GIA within assigned departments & monitor CAP target dates.
- Follow up and ensure that business units conduct the GAP assessments.
- Review actions for non-compliant and partially compliant obligatory rules, and ensure wording, criticality, and due dates are clear and achievable.
- CBCM Coordination
- Oversight and ensure an up-to-date Business Impact Analysis (BIA) and Business Continuity Plan (BCP) across Retail Control and Governance Department.
- Follow up to ensure off-site testing is done as per schedules.
- Coordinate with BCM Department to obtain RBG completion rate for management reporting.
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