Associate Analyst - Compliance Testing

Abu Dhabi Islamic Bank; United Arab Emirates; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading financial institution in the United Arab Emirates is looking for an Associate Analyst for Compliance Testing. The role involves supporting regulatory affairs, preparing reports, and maintaining policy frameworks. Ideal candidates hold a Bachelor's Degree in a related field, possess strong communication skills, and can work independently while engaging with various stakeholders. This position offers an excellent opportunity for those looking to advance in the compliance and banking sector.

Qualifications

• Experience in Banking, Compliance, or Risk is an advantage.
• Ability to interact with multiple stakeholders.
• Work independently.

Responsibilities

• Support maintenance and update of regulatory policies.
• Prepare for regulatory inspections and onsite visits.
• Track queries from regulators and allocate to Business Units.
• Prepare MIS reports for internal regulatory affairs.

Skills

Fluency in English

Good communication skills

Problem-solving approach

Strong interpersonal skills

Education

Bachelor’s Degree in Science, Finance, Business, or related subject

Job description

Role : Associate Analyst - Compliance Testing

Location: Abu Dhabi

Key Accountabilities of the Role

• Policies and Procedures: Support in maintenance and update of Regulatory Affairs and Ethical Conduct related policies, procedures, and processes.
• Regulatory Affairs:
  • Support the Head of Regulatory Affairs for the preparation of regulatory inspections and onsite visits.
  • Support in tracking queries/issues received from regulators to ensure appropriate and timely allocation to respective Business Units.
  • Support in the tracking of Regulatory Gap assessment with the impacted Control/Business Units within the agreed timelines and record any action/issue within the GRC tool.
• Reporting: Support in the preparation of MIS reports for internal regulatory affairs unit reporting and any relevant committee/adoc requests.
• Adequate Record Keeping: Ensure all the RAU records (Reviews, fieldwork documentation, Ethical declaration forms, and requests) are adequately recorded in the shared folder.
• Ethical Policies Framework: Support in the maintenance of all the Ethical Policies Framework registers for cases received through the dedicated channel and maintain documentary evidence and emails to support data presented in Compliance reports.

Skills and Experience Required

• Bachelor’s Degree in Science, Finance, Business, or any related subject.
• Experience in Banking, Compliance, or Risk is an advantage.
• Fluency in English.
• Good communication skills and ability to interact with multiple stakeholders and work independently.
• Ability to adopt a problem-solving approach.
• Strong interpersonal skills with the ability to communicate with impact and build healthy professional connections.