Associate - Business Compliance

ADIB Group; Abu Dhabi; On-site; AED 120,000 - 200,000; Full time

Job summary

A prominent banking institution in Abu Dhabi is seeking a fresh graduate for the role of Associate - Business Compliance. The role involves supporting business compliance advisories and working closely with regulatory matters. Ideal candidates are UAE nationals with a university degree and compliance qualifications, fluent in English and Arabic, with knowledge of banking practices. This entry-level position offers an exciting opportunity to start your career in the banking sector.

Qualifications

• Fresh graduates or UAE nationals preferred.
• Fluent in both English and Arabic.
• Knowledgeable in Islamic Banking is a plus.

Responsibilities

• Assist in day-to-day business compliance activities.
• Provide guidance on regulatory compliance.
• Support in reviewing compliance policies.

Skills

Knowledge of banking practices

Understanding of UAE regulations

Good interpersonal skills

Fluent in English and Arabic

Education

University degree

Compliance qualifications

Job description

Overview

Description — Role : Associate - Business Compliance  |  Location : Abu Dhabi

Role Purpose:
To support and assist the Group Compliance Department in achieving the Banks strategic and performance objectives. Support Business Compliance Advisory team in a day-to-day activity by providing guidance and support on interpretation and implementation of regulatory requirements. To provide compliance advisory support to ADIB units on regulatory compliance advisory matters including implementation roll out training and assurance of regulatory compliance policies and products.

Key Accountabilities of the role

Responsibilities

• Assist in performing day to day activities related to business compliance advisory remit
• Support in proving timely opinions advice and guidance to ADIB businesses in relation to relevant regulatory rules regulations and standards
• Support review of all relevant policies where Compliance sign-off is required and ensure conduct and consumer protection principles are at the forefront of review and compliance advisory
• Support in the production of Business Compliance Advisory policies and procedures
• Maintain regulatory interaction register with correspondence from/to regulatory authorities
• Support compliance review of products/services applications prior submission with regulatory authorities
• Act as the point of contact and compliance partner with all relevant business and function units to provide business compliance advisory covering regulations and policies
• Support preparation of new and review of existing Business Compliance policies and procedures
• Provide support in interpretation of relevant rules and regulations
• Provide feedback on financial promotion documents
• Conduct quality assurance (QA) checks post closure of regulatory gap assessments
• Any other special task/assignment assigned by the Head of Business Compliance

Specialist Skills / Technical Knowledge

• Knowledge of banking practices and banking products
• Understanding of the UAE regulations
• Ability to learn and apply new knowledge in practice
• Good interpersonal skills with the ability to communicate with impact to build healthy professional connections and simplify complex topics into actionable recommendations for decision-making
• Islamic Banking experience and knowledge is preferred
• University degree and compliance qualifications
• Fluent in English and Arabic

Experience

No prior experience required. Role is intended for fresh graduates UAE nationals

Required Experience: IC