Senior Compliance Officer

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

Job summary

A financial institution in Abu Dhabi is seeking a Senior Compliance Officer to enhance compliance and implement regulatory requirements. The ideal candidate should have strong knowledge of UAE regulations, excellent communication skills, and experience in a compliance-related role. You will be responsible for maintaining compliance tracking and preparing reports as per regulatory guidelines.

Qualifications

• Sufficient experience in Compliance Banking & related areas.
• Audit and Legal background is an added value.

Responsibilities

• Support Head of Compliance in implementing regulatory requirements.
• Ensure compliance with Group Policy SCA guidelines.
• Prepare and submit Employees Trading & Transaction monitoring reports.

Skills

Good knowledge of compliance functions in brokerage field

Strong knowledge of UAE SCA ADX & DFM Regulations

Excellent Communication and Presentation Skills

Ability to balance compliance requirements and business needs

Fluent in English/Arabic

Job description

Description

Role : Senior Compliance Officer
Location : Abu Dhabi
Role Purpose : The Senior Compliance Officer supports Head of Compliance in ADIB Securities in implementing regulatory requirements and Group Compliance internal policies . The incumbent works towards enhancing the compliance environment by interpreting the regulatory framework for ADIB Securities Team.

Key Accountabilities of the role

In general Compliance Officer is responsible of making sure that ADIB Securities FCC and Regulatory compliance are in line with Group Policy SCA guidelines and all related regulations:

• Handle ADIB Securities policies & procedures review and renewal in coordination with GPPD
• Maintain update department trackers (regulatory tracker CS tracker)
• Obtain Markets (ADX & DFM) Trading approvals for all ADIB Securities trading accounts at the beginning of each month.
• Handle SCA Core Requests updates and amendments
• Prepare and submit Employees Trading & Transaction monitoring reports to SCA as per the deadline
• Ensure the timely submission of Monthly financial reports on XBRL by relevant unit (Operations & Finance Unit) Segregation report Capital adequacy report Ageing report Dormant report.
• Ensure the timely submission of quarterly/annual financial reports on XBRL by relevant unit (Operations & Finance Unit)
• Perform quality checks calls accounts margin
• Ensure the timely submission of Profit & Loss reports of all financial activities to SCA (quarterly)
• Submit Margin Monthly report to SCA as per the deadline.
• Upload regulatory reports on SCA CORE (monthly quarterly)
• Handle SCA Core requests updates and amendments.
• Coordinate with Training for yearly CPD program for staff accreditation.
• Coordinate with FCD for company card payments.
• Handle FCRA SCA and ADX annual AML questionnaires.
• Handle & coordinate CMAT reviews.
• Handle Client exit formalities and Go-AML reporting.
• Support in Annual FATCA/CRS reporting.
• Support in regulatory Sharia GIA reviews/inspections.
• Handle Markets annual membership renewals.
• Refresh and review end-of-day reports.
• Prepare and circulate end-of-day Margin report.
• Handle Markets annual membership renewals.
• Supports in GRC related tasks (RCSA KRIs Issues Actions).
• Support in maintaining updated ROR in GRC.
• Back up team members to ensure smooth flow of BAU and regulatory related tasks and any task related to Compliance and Risk department.

Specialist Skills / Technical Knowledge Required for this role

• Good knowledge of compliance functions in brokerage field.
• Sufficient experience in Compliance Banking & other related areas. Audit and Legal background is an added value.
• Strong knowledge of the UAE SCA ADX & DFM Regulations and Rules.
• Strong knowledge of Brokerage products policies & procedures.
• Excellent Communication and Presentation Skills.
• Ability to balance between compliance requirement business needs and potential risks.
• Computer Skills use of applications especially Microsoft Office.
• Fluent in English/Arabic is preferable.

Required Experience

Senior IC