Compliance Manager - Global Private Banking and Securities Services

First Abu Dhabi Bank; Abu Dhabi; On-site; AED 300,000 - 480,000; Full time

Job summary

First Abu Dhabi Bank (FAB) is seeking a Compliance Manager for Global Private Banking and Securities Services in Abu Dhabi. The role provides regulatory compliance advisory and operational support, guiding business units, conducting risk assessments, and ensuring adherence to FAB policies.

The incumbent will coordinate with regulators and internal teams to manage compliance activities and governance. Responsibilities include risk assessments, regulatory reporting, policy implementation, and

Qualifications

• Bachelor's degree or higher in Management, Banking, Finance, or a related discipline.
• Minimum 2 years of professional experience in banking or a related financial institution.
• Understanding of banking operations and the regulatory environment applicable to financial institutions.
• Ability to support compliance activities involving business stakeholders and internal control functions.
• Willingness to develop specialist knowledge of Global Private Banking and Securities Services compliance requirements.

Responsibilities

• Provide regulatory compliance advisory to Global Private Banking and Securities Services.
• Act as a subject matter resource for compliance requirements and queries.
• Advise internal stakeholders on regulatory requirements, policies, and procedures.
• Support regulatory reporting and risk assessments in coordination with teams.
• Coordinate governance and stakeholder engagement for compliance activities.

Skills

Regulatory compliance

Risk management

Education

Bachelor's degree in Management, Banking, Finance, or related discipline

Job description

Compliance Manager - Global Private Banking and Securities Services Job Snapshot - Role: Compliance Manager - Global Private Banking and Securities Services - Location: Abu Dhabi, United Arab Emirates - Industry: Banking - Function: Risk Management-Compliance - Experience: Minimum 2 years - Job Type: Full Time - Work Arrangement: On-site

Job Details - Country: United Arab Emirates - City: Abu Dhabi - Industry: Banking - Function: Risk Management-Compliance - Salary: Not disclosed - Gender: No Preference - Candidate Nationality: Not specified - Job Type: Full Time - Work Arrangement: On-site

First Abu Dhabi Bank (FAB) is seeking a Compliance Manager to provide regulatory compliance advisory and operational support to Global Private Banking and Securities Services in Abu Dhabi, United Arab Emirates. The role is responsible for supporting business and enablement units with compliance requirements, regulatory obligations, policy implementation, risk assessments, and day-to-day compliance activities under the direction of the Vice President (VP) Compliance. The successful candidate will serve as a point of contact for assigned compliance matters, provide technical guidance to relevant business teams, and coordinate with internal stakeholders to ensure compliance with applicable laws, regulations, and FAB Group policies. The position also involves supporting regulatory reporting, compliance risk assessments, reputational risk reviews, governance meetings, employee awareness initiatives, and the review of new business activities and product developments.

Key Responsibilities

Regulatory Compliance Advisory

• Provide compliance support to Global Private Banking and Securities Services business units.
• Act as a subject matter resource for compliance requirements and queries delegated by the VP Compliance.
• Advise internal stakeholders on applicable regulatory requirements, compliance policies, and operational procedures.
• Develop an understanding of Global Private Banking and Securities Services products, customers, transactions, and related compliance obligations.
• Provide technical compliance insights to business teams based on their operational activities and regulatory responsibilities.
• Support business units in understanding and applying relevant compliance requirements.
• Coordinate with Group-wide stakeholders on assigned regulatory compliance matters.
• Maintain effective working relationships with business and enablement teams to promote consistent compliance practices.

Compliance Operations and Business Support

• Manage assigned day-to-day compliance activities under the direction of the VP Compliance.
• Coordinate daily, weekly, and monthly compliance follow-ups with relevant business units.
• Monitor outstanding compliance requests and support their timely completion.
• Conduct meetings with business stakeholders to address compliance matters assigned by the VP Compliance.
• Follow up on compliance-related deliverables and communicate progress to relevant stakeholders.
• Support the implementation of compliance procedures across assigned business activities.
• Participate in relevant compliance training to develop knowledge of FAB's processes, procedures, and operational turnaround requirements.
• Assist the VP Compliance with additional compliance activities and business requirements as assigned.

Compliance Risk Assessment and Monitoring

• Support the VP Compliance in conducting the annual compliance risk assessment.
• Assist in identifying key residual compliance risks within the assigned coverage areas.
• Coordinate with relevant stakeholders to gather information supporting compliance risk assessments.
• Contribute to the evaluation of potential regulatory and policy compliance concerns.
• Support the identification of compliance control gaps and areas requiring management attention.
• Assist in monitoring compliance risks associated with business activities, products, customers, and transactions.
• Work with Regulatory Compliance and Financial Crimes Compliance teams on assigned risk-related activities.
• Escalate significant compliance concerns through appropriate management channels.

Reputational Risk and Financial Crimes Compliance Coordination

• Collaborate with Financial Crimes Compliance on reputational risk reviews assigned by the VP Compliance.
• Support the identification and assessment of potential compliance and reputational risks.
• Gather relevant business information to support risk reviews and compliance assessments.
• Assist in documenting risk findings and supporting management reporting.
• Coordinate with relevant departments to obtain information required for compliance reviews.
• Support the management and reporting of identified compliance risks in accordance with internal procedures.

Compliance Policies and Procedures

• Support the implementation of compliance policies and procedures applicable to Global Private Banking and Securities Services.
• Work with Regulatory Compliance on assigned activities relating to applicable laws and regulations.
• Assist with the rollout of FAB Group-wide compliance policies and procedural updates.
• Provide guidance to business units on the practical application of relevant compliance requirements.
• Support the communication of policy changes to affected stakeholders.
• Identify matters requiring clarification or additional guidance from the VP Compliance.
• Promote consistent application of compliance procedures across assigned business activities.

Regulatory Reporting and Authority Engagement

• Contribute to the preparation of periodic regulatory reports owned by the Compliance function.
• Support the completion and submission of regulatory information requests from local regulators.
• Coordinate with relevant departments to obtain information required for regulatory reporting.
• Assist in maintaining accurate supporting information for compliance-related regulatory submissions.
• Support Global Private Banking and Securities Services in maintaining cooperative relationships with relevant regulatory authorities and exchanges.
• Assist with compliance matters relating to business entities and registrations within the assigned coverage area.
• Ensure assigned regulatory reporting activities follow established internal procedures and deadlines.

Compliance Investigations and Escalations

• Support investigations into actual or potential breaches of laws, regulations, or internal policies when assigned by senior Compliance management.
• Gather relevant information and coordinate with business stakeholders during compliance reviews.
• Assist in identifying the nature and potential implications of compliance breaches.
• Document findings and supporting information in accordance with internal requirements.
• Escalate material compliance matters to senior management through approved channels.
• Coordinate follow-up activities arising from assigned compliance investigations.
• Maintain confidentiality and professional discretion when handling sensitive compliance matters.

Governance and Stakeholder Engagement

• Represent the Compliance function at assigned governance meetings and operational forums.
• Communicate relevant regulatory developments and compliance risk matters to business stakeholders.
• Support discussions concerning compliance requirements and their operational implications.
• Develop and maintain effective relationships across Global Private Banking and Securities Services.
• Work collaboratively with Regulatory Compliance, Financial Crimes Compliance, and relevant business units.
• Provide compliance input during discussions involving business activities, products, and transactions.
• Support the VP Compliance in coordinating compliance-related governance activities.
• Promote constructive engagement between the Compliance function and business stakeholders.

New Business and Product Compliance Reviews

• Review new business projects and product development initiatives from a compliance perspective.
• Assess relevant regulatory and policy considerations associated with proposed business activities.
• Coordinate with business and compliance stakeholders to obtain information required for reviews.
• Provide compliance observations and recommendations within assigned responsibilities and authority.
• Support the applicable review and approval processes for new business initiatives and products.
• Escalate matters requiring additional assessment or senior Compliance guidance.
• Help ensure compliance considerations are addressed during business and product development activities.

Compliance Training and Awareness

• Support employee education on applicable laws, regulations, and internal compliance policies.
• Participate in the delivery of compliance training and awareness sessions.
• Explain relevant compliance requirements to business and enablement teams.
• Promote awareness of regulatory responsibilities and internal compliance procedures.
• Encourage consistent compliance practices across assigned business units.
• Attend relevant professional and internal training programmes to strengthen technical compliance knowledge.

Required Qualifications and Experience

Education

• Bachelor's degree or higher qualification in Management, Banking, Finance, or a related discipline.

Professional Experience

• Minimum 2 years of professional experience in banking or a related financial institution.
• Understanding of banking operations and the regulatory environment applicable to financial institutions.
• Ability to support compliance activities involving business stakeholders and internal control functions.
• Capacity to develop technical knowledge of Global Private Banking and Securities Services products, customers, and transactions.

Regulatory Compliance Knowledge

• Understanding of compliance principles and applicable banking regulatory requirements.
• Knowledge of compliance policies, procedures, and internal control practices.
• Ability to interpret compliance requirements and communicate their operational implications.
• Understanding of compliance risk identification and assessment processes.
• Awareness of regulatory reporting and compliance governance responsibilities.
• Ability to support compliance reviews and investigations under senior management direction.
• Willingness to develop specialist knowledge of Global Private Banking and Securities Services compliance requirements.

Preferred Qualifications

• Professional certification in Compliance or a related subject is preferred.

About the Company

First Abu Dhabi Bank (FAB) is a major financial institution headquartered in Abu Dhabi, United Arab Emirates. The bank provides banking and financial services to individuals, businesses, and institutions across the UAE and international markets, with a presence in more than 20 markets spanning five continents.

FAB offers a range of banking and financial services, including Global Private Banking and Securities Services. The bank operates within established governance and regulatory frameworks while supporting clients across domestic and international financial markets.

FAB invests in employee learning, professional development, and Emiratisation programmes. The bank also supports education, entrepreneurship, and financial literacy through its partnerships and community initiatives.

FAB promotes an inclusive workplace that values diverse perspectives and professional contributions.

In December 2021, the bank became the first UAE and GCC bank to join the Net Zero Banking Alliance, committing to achieve net zero emissions by 2050.