Manager, Compliance Advisory (UAE National Only )

National Bank of Fujairah (NBF); Dubai; On-site; AED 250,000 - 400,000; Full time

Job summary

National Bank of Fujairah (NBF) is seeking an experienced Compliance professional for Wealth Management in the UAE. The role focuses on providing trusted regulatory advice, supporting the 2LOD function, and ensuring adherence to AML/CTF, sanctions, and consumer protection requirements.

You will develop and drive processes for regulatory change projects, compliance assurance, and stakeholder training, reporting to the Head of Compliance and Executive Compliance Advisory.

Qualifications

• A minimum degree (Bachelor) in a business related field or equivalent.
• A recognised qualification or certification in Banking, Compliance, Internal Audit or Law.

Responsibilities

• Advise and support as a trusted 2LOD function for Wealth Management.
• Provide compliance guidance across Regulatory Compliance, Conduct Risk, Product Development, Sales Methods, Disclosures, AML/CTF and Sanctions.
• Assure compliance over customer advice, order execution, client moneys, custody and AML/CTF/PF.
• Develop and implement SCA, Licence Gap Analysis, Compliance Manual Assurance Plan and lead regulatory change projects.
• Address and resolve compliance findings from reviews and Assurance program.
• Support Consumer Protection and Conduct Risk agenda; assist Head of Compliance and Executive Compliance Advisory.

Skills

Regulatory Compliance

Conduct Risk

AML/CTF

Sanctions

Stakeholder Training

Education

Bachelor's degree in business related field

Qualification in Banking/Compliance/Internal Audit/Law

Job description

To keep up to date with industry and regulatory changes effecting WM Compliance in the region and to make appropriate plans to comply with and anticipate such changes, including performance of continuous timely and accurate due diligence, and trainings for stakeholders.

Implement processes to ensure a compliant WM Business that protects the Reputation of this business and the whole Bank,

Duties and responsibility:

• Advice and Support acting as a Trusted Advisor and effective 2LOD function for Wealth Management.
• Compliance advice and support provided across relevant areas of Regulatory Compliance, Conduct Risk, Product Development, Sales Methods, Disclosures, AML/CTF and Sanctions as required by NBF’s Investment Management and Wealth Management businesses.
• Compliance Assurance over customer advice, execution of orders and instructions, client moneys, custody, AML/CTF/PF.
• Develop and implement effective SCA and Licence Gap Analysis, Compliance Manual Assurance Plan and associated Process including directing and where necessary implementing requirements project for key regulatory change projects.
• Address and lead resolution of Compliance relevant findings from internal or external reviews or other aspects of Compliance Assurance program.
• Responsible for key aspects of Consumer Protection and Conduct Risk agenda.

To support the Head of Compliance and Executive Compliance Advisory to deliver consistent high-quality compliance advice in the Business Lines to ensure delivery of service standards to external and internal stakeholders.

Qualification:

• A minimum degree (Bachelors) in a business related field or equivalent.
• A recognised qualification or certification in Banking, Compliance, Internal Audit or Law

Work Experience:

>5 years of compliance/assurance in a SCA regulated entity or similar such as DFSA.