Manager, Compliance Advisory - Global Private Banking (Emiratized)

First Abu Dhabi Bank; Abu Dhabi; On-site; AED 240,000 - 420,000; Full time

Job summary

First Abu Dhabi Bank (FAB) in the UAE seeks a dedicated compliance professional to support business units on regulatory matters. The role focuses on understanding Global Private Banking requirements and serving as the first point of contact for compliance queries.

Responsibilities include assisting with risk assessments, regulatory reporting, and open collaboration with Financial Crimes Compliance. Training and governance participation are essential components of the role.

Qualifications

• Bachelor's degree or higher in management, banking or finance; compliance or risk certs preferred.
• Minimum of 5 years' experience in a reputed bank, ideally in private banking compliance.
• Experience with AML/CFT controls, regulatory reporting and risk assessment.

Responsibilities

• Provide compliance support to Business and enablement units as requested by VP Compliance.
• Understand technical details of Global Private Banking to address queries and requirements.
• Attend related training to stay updated on FAB's compliance policies and processes.
• Support day-to-day compliance deliverables, including follow-ups with business units.
• Conduct meetings with Business to address subjects assigned by VP Compliance.

Skills

Compliance

AML/CFT

Regulatory reporting

Stakeholder mgmt

Education

Bachelor's Degree or Higher in Management, Banking or Finance

Job description

Job description

JOB PURPOSE:

• To provide compliance support to Business and enablement units on all compliance matters as requested by the VP Compliance. Where the manager Will run With the allotted day to day processes and follow ups.
• Understand technical details in Global Private Banking and related compliance requirements to become the first point Of contact for requirements and queries delegated by the VP Compliance.
• Attend all related training to attain insight of FAB'S compliance turn around and processes and procedure.
• Involvement in the day-to-day Compliance deliverables as requested by the VP Compliance. Which include but not limited to, daily, weekly, and monthly follow up with the business as assigned by the VP Compliance.
• Conduct meetings with Business to address Subjects assigned by VP Compliance.

KEY ACCOUNTABILITIES:

Generic Accountability Strategic Contribution

• As assigned by VP Compliance and in partnership With Regulatory Compliance, implementing policies and procedures to assist in the compliance With applicable laws and regulations, pertinent to the coverage area.
• Support VP Compliance in performing annual compliance risk assessment to identify key compliance residual risks
• Contributing to the preparation and filing of compliance-owned periodic regulatory reporting and requests by local regulators
• As assigned by VP Compliance and in partnership With Financial Crimes Compliance, making a key contribution in reputational risk reviews to identify, assess, manage, and report potential compliance risks.

People Management

• Educating employees through regular training and awareness sessions to promote compliance with applicable laws, regulations, and policies.

Policies, Systems, Process & Procedures

• As assigned by VP Compliance advise on the rollout and implementation Of Group wide Compliance policies and procedures.

GPB Advisory

• Act as an SME to provide Compliance advice to internal and external (Group wide) stakeholders as required.
• Develop and strengthen relationships to promote best practice and ensure a good understanding of Compliance requirements across Global Private Banking.
• Advise Business Units with technical insights and build credibility based on an understanding of their challenges related to products, customers, and transactions.
• Supporting Global Private Banking to foster an open and co-operative relationship with regulatory authorities and exchanges relevant to the entities of the business and registrations as relevant to the coverage responsibilities.
• As assigned by VP Compliance investigating actual or potential breaches of law, regulation or policy and escape material compliance matters to senior management.
• Representing Compliance at governance meetings and relevant operational forums, reporting on key regulatory updates and compliance risks. Reviewing and approving new business projects and new product development.

JOB CONTEXT:

Specific Accountability

• As assigned by VP Compliance and in partnership with Regulatory Compliance, implementing policies and procedures to assist in the compliance with applicable laws and regulations, pertinent to the coverage area.
• Support VP Compliance in performing annual compliance risk assessment to identify key compliance residual risks • Contributing to the preparation and filing of compliance-owned periodic regulatory reporting and requests by local regulators
• As assigned by VP Compliance and in partnership with Financial Crimes Compliance, making a key contribution in reputational risk reviews to identify, assess, manage, and report potential compliance risks.

People Management

• Educating employees through regular training and awareness sessions to promote compliance with applicable laws, regulations, and policies.

Policies, Systems, Process & Procedures

• As assigned by VP Compliance advise on the rollout and implementation Of Group Wide Compliance policies and procedures.

GPB Advisory

• Act as an SME to provide Compliance advice to internal and external (Group wide) stakeholders as required.
• Develop and strengthen relationships to promote best practice and ensure a good understanding of Compliance requirements across Global Private Banking.
• Advise Business Units with technical insights and build credibility based on an understanding of their challenges related to products, customers, and transactions.
• Supporting Global Private Banking to foster an open and co-operative relationship with regulatory authorities and exchanges relevant to the entities of the business and registrations as relevant to the coverage responsibilities.
• As assigned by VP Compliance investigating actual or potential breaches of law, regulation or policy and escape material compliance matters to senior management.
• Representing Compliance at governance meetings and relevant operational forums, reporting on key regulatory updates and compliance risks. Reviewing and approving new business projects and new product development.

QUALIFICATIONS AND EXPERIENCE:

Minimum Qualification

• Bachelor's Degree or Higher in Management, Banking or Finance, preferably with certification in compliance, AML/CFT, Financial Crime or Risk Management.

Minimum Experience

• Minimum of 5 years' experience at a reputed bank Minimum of 3 years' experience at a private Banking related role.

About Us: First Abu Dhabi Bank (FAB) is the largest bank in the UAE and one of the world's largest and safest financial institutions. We offer a comprehensive range of personal and private banking services, including credit cards, Islamic banking, investments, loans, and mortgages. Our commitment to excellence and innovation drives us to provide top-tier financial solutions to our clients.

Life at FAB: Working at FAB means being part of a team of talented and passionate individuals with a shared vision to support the ambitions of our stakeholders to "Grow Stronger." We embrace the needs of our customers across the globe with a sense of responsibility and confidence driven by extensive expertise that can only be delivered by an ambitious world-class organization

Career Development: FAB offers unique career choices, a chance to innovate, craft solutions for the future, and express yourself in a performance-based culture that will unleash the best in you. Whether you are an experienced professional or just starting your career, FAB provides a range of learning and development initiatives to support all employees through training and skill development.

Our Values: At FAB, we place our customers at the core of our activities, live our values each day in every way, celebrate achievements, and empower each other to deliver leading solutions. We have structured plans for the recruitment and career progression of Emirati talent to enable them to make a mark in the financial and banking sector both regionally and globaly that rewards your hard work and dedication.

Join our team and be part of a journey to shape the future of banking.