Assistant Manager Regulatory Compliance Advisory

Invest Bank; Sharjah; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading bank in the UAE is seeking a Compliance Officer to ensure adherence to regulatory requirements. The role includes developing compliance frameworks, conducting risk assessments, and advising departments on regulatory issues. Ideal candidates should have a degree in business and experience in banking compliance.

Qualifications

• 3–5 years of experience in regulatory compliance within the banking sector.
• Strong understanding of UAE and international regulatory environments.

Responsibilities

• Ensure the Bank complies with applicable laws and internal policies.
• Develop and manage compliance frameworks, policies, and monitoring systems.

Skills

Stakeholder management

Regulatory Compliance / Knowledge

Risk Assessment

Attention to Detail

Communication skills

Organizational Skills

Team Collaboration

Education

Bachelor’s degree in business or related field

Job description

Job Purpose:

Ensure the Bank adherence to all applicable laws, regulations, and internal policies to mitigate compliance risks. This role involves developing, implementing, monitoring and, conducting risk assessments, and providing guidance to business units to ensure regulatory obligations are met effectively. Serve as a key advisor to other units/departments, identifying compliance gaps, addressing regulatory inquiries, and liaising with external regulatory bodies as needed.

Job Accountabilities:

• Ensure the Bank complies with applicable laws, regulations, and internal policies, directly impacting operational integrity and reducing regulatory risk
• Contribute to the Bank’s strategic objectives by aligning compliance efforts with business goals.
• Develop and manage implementing compliance frameworks, policies, and monitoring systems for diverse regulatory requirements.
• Respond to and manage regulatory inquiries and audits, ensuring timely and accurate resolution
• Identify and address compliance gaps by designing proactive risk mitigation strategies.
• Advise leadership on emerging regulatory trends and implications for the Bank.
• Provide training and guidance to business units, promoting a compliance-driven culture.
• Act as a liaison with regulatory authorities as required
• Collaborate with internal stakeholders to embed compliance into operational practices.
• Provide decision-making support to management on compliance-related matters
• Establish a regular compliance monitoring process, including assessment planning, validation, and evidence verification as part of Compliance Monitoring and Assurance program.
• Support with Compliance Obligations by scheduling and conducting monitoring activities to identify breaches or deficiencies.
• Ensure prompt follow-up on non-compliance issues and breaches identified to ensure corrective actions are taken.
• Escalate non-compliance and breaches to senior management reporting.
• Ensure all necessary records related to the Regulatory compliance function are well documented and recorded for audit purposes.
• Ensure all periodic compliance reports are generated accurately on time.

Qualifications, Experience & Skills:

Qualifications

• Bachelor’s degree in business, or a related field

Experience

• 3–5 years of experience in regulatory compliance, within the banking sector

Job Specific Skills

• Strong understanding of UAE and international regulatory environments (CBUAE, SCA, FATF etc.).
• Demonstrated experience in providing regulatory advisory.
• Strong verbal and written communication skills
• Self-starter, with minimal supervision
• Ability to work well within a team
• Ability to multi-task and adjust based on evolving priorities

Preferred Certification/ Training

• Professional compliance certifications are an advantage

Generic Skills Requirements

• Stakeholder management
• Regulatory Compliance / Knowledge
• Risk Assessment
• Attention to Detail
• Communication skills
• Organizational Skills
• Team Collaboration