Compliance Governance & Monitoring Manager

ADIB Group; Abu Dhabi; On-site; AED 250,000 - 300,000; Full time

Job summary

A financial institution in Abu Dhabi is seeking a Compliance Governance and Monitoring Manager to ensure effective oversight of the compliance program. This role requires a minimum of 8-10 years of banking experience, including 5 years in compliance or control functions. The successful candidate will be involved in maintaining compliance policies, risk assessments, and compliance monitoring activities, with a focus on regulatory risks and controls.

Qualifications

• Strong understanding of Compliance Risks and Controls with experience in Compliance or Control functions.
• Minimum 8–10 years of banking experience with 5 years in Compliance or Control function.
• Fluent in English; Arabic language skills are a plus.

Responsibilities

• Support the Compliance Governance & Assurance department to achieve its objectives.
• Maintain the up-to-date compliance risks library.
• Perform quality assurance on compliance reviews.

Skills

Compliance Risks and Controls

Data Analysis

Stakeholder Communication

Regulatory Compliance

Problem Solving

Education

Bachelor's degree in business studies, law, accounting, economics, or commerce

Tools

MS Excel

MS PowerPoint

Job description

Overview

Description

Role: Compliance Governance and Monitoring Manager

Location: Abu Dhabi

Role Purpose: The jobholder will support the Compliance Governance & Assurance (CGA) department to achieve its objectives in providing effective oversight over the development and dissemination of the Group Compliance program. This includes tracking policies and procedures, training strategy, resource management, incident management, reporting, vendor management, information security, and Business Continuity liaison. The role also supports the Primary Business Operational Risk Management (BORM) for GCD as the secondary BORM, covering issues management, incident reporting, compliance risks library, KRIs in the GRC system, and RCSA controls testing. The jobholder will support the Group-wide Compliance Monitoring and Assurance Testing (CMAT) function, which applies a risk-based approach to monitor and test First Line of Defense activities related to compliance risks. The CGA unit provides a shared service to other units within GCD, including the Financial Crime Compliance (FCC) Regulatory Affairs Unit (RAU), International Branches Compliance (IBG Compliance), and the offshore Compliance Operations Center (COC).

Key Accountabilities

• Strategic Contribution

  Ensure effective implementation of the Groups Compliance strategy within the team’s remit.

• Compliance Governance
  • Maintain custody of the Group Compliance policies and procedures and oversee their dissemination.
  • Provide support in obtaining relevant approvals for dispensations and deferrals requests from Business units and support functions.
  • Maintain the up-to-date compliance risks library.
  • Support in organising regular GCD Business Risk & Compliance Committee (BRCC) meetings.
  • Take supporting notes and meeting minutes and provide updates on GCD actions arising from governing forum meetings.
  • Coordinate with various GCD unit heads and collate relevant compliance MI/dashboards for submission to Management and Board Committees such as BRCC, CCC, GRPC, and BAC.
• MI & Administration
  • Respond to queries from the audit team and implement CGA unit recommendations.
  • Lead Group Compliance MIS strategy including reporting framework, developing and maintaining templates, processes, and management information systems.
  • Review processes to identify opportunities to streamline and automate MI reports where possible.
  • Coordinate with Compliance colleagues to validate information and maintain documentary evidence for data in reports and dashboards.
  • Prepare trend analyses and dashboards to help identify root causes of compliance issues.
  • Monitor compliance KRIs, liaise with compliance colleagues across the Group to track actions and report closure of findings raised by internal/external auditors and regulators.
  • Act as a central point of contact for reporting self-identified compliance incidents/issues/breaches across the Group.
  • Report and log compliance breaches/issues in the GRC system.
• Budget Tracking and Vendor Management
  • Prepare forecast for annual and midyear budget.
  • Consolidate the GCD budget in consultation with the Compliance unit heads and monitor adherence to the approved budget.
  • Track deviations in actual spend versus forecast through obtaining monthly expense summaries from Finance.
• Secondary Business Operational Risk Manager (BORM)
  • Perform the responsibilities of Secondary BORM to safeguard ADIB’s reputation from regulatory compliance risk by ensuring compliance across First and Second Lines of Defense through KRIs, Issue Management, RCSA, and quarterly control testing; submit results in the GRC system.
• Compliance Monitoring & Assurance Testing (CMAT)
  • Support risk-based CMAT planning for UAE and IBG, including annual planning, quarterly updates, trackers, and stakeholder liaison with an auditable trail of changes and rationale.
  • Maintain CMAT policies, methodology papers, and templates.
  • Perform monitoring and testing activities, including leading reviews in UAE and IBG as required.
  • Support evaluation of name screening and transaction monitoring alerts and case closures.
  • Perform quality assurance on CMAT reviews to ensure adherence to methodology.
  • Share best practices and identify gaps or training needs from QA results.
  • Support Assurance training and coaching requirements.
  • Provide CMAT data analysis to inform actions and enhancements.
• Information Security and Business Continuity liaison
  • Act as the coordinator for information security and business continuity requirements within the GCD.

Specialist Skills / Technical Knowledge

• Bachelors degree in business studies, law, accounting, economics, or commerce, or specific risk management training.
• Minimum 8–10 years of banking experience with 5 years in Compliance or Control function.
• Strong understanding of Compliance Risks and Controls with experience in Compliance or Control functions.
• Experience in Assurance activities in Regulatory and Financial Crime Compliance.
• Proficient in MIS reporting, data analysis, MS Excel, MS PowerPoint, and pivot tables.
• Understanding of statistics and business trend analysis.
• Strong stakeholder communication and management skills; good presentation skills.
• Ability to think innovatively to solve complex problems while balancing risk, speed, and accuracy.
• Self-starter able to work independently and as part of a team.
• Analytical, detail-oriented, and motivated; fluent in English; Arabic language skills are a plus.

Experience

• Minimum of 8–10 years banking experience with 5 years in Compliance or Control function.

Required Experience: Manager