Senior Compliance Risk & Assurance Lead

Arab Bank; Dubai; On-site; AED 350,000 - 550,000; Full time

Job summary

Arab Bank in Dubai seeks a senior professional to lead risk evaluation, assurance, and compliance programs across the bank. You will ensure effective identification, assessment, and remediation of compliance risks, and provide independent assurance on controls and remediation actions.

The role requires strong leadership, analytical skills, and proven ability to design monitoring frameworks, report to management and boards, and deliver timely insights to maintain a proactive risk framework.

Qualifications

• Bachelor’s degree in Finance, Banking, Accounting or a related field.
• Professional certifications in Compliance, Financial Crimes, or Auditing (preferred).
• Minimum 10 years of experience in risk evaluation, assurance, compliance, audit or related roles.
• Experience in banking or financial services sector.
• Strong knowledge of risk management frameworks and assurance methodologies.
• Analytical and problem-solving skills.
• Excellent communication, presentation, and report writing abilities.
• Project management and coordination skills.
• Leadership and team development capabilities.
• Attention to detail and professional integrity.

Responsibilities

• Lead and manage risk evaluation and assurance activities to support the bank’s risk management framework.
• Ensure effective identification, assessment, and evaluation of compliance risks across activities.
• Provide independent assurance on the adequacy and effectiveness of compliance controls and remediation actions.
• Deliver timely reporting and insights to support management in maintaining a strong compliance risk framework.
• Maintain current understanding of risks, including regulatory requirements.
• Analyze compliance risk issues and identify trends and metrics for program evaluation.
• Design and manage Compliance Monitoring & Testing Framework covering regulatory obligations and high-risk activities.
• Conduct periodic reviews and escalate material deficiencies.
• Track and validate remediation across Compliance, business units, internal audit, and regulatory observations.
• Provide clear reporting on control effectiveness, emerging risks, and trends to management and committees.
• Prepare annual and Board reporting and action plans.
• Develop and track AB plc Budget and manage financial aspects with procurement and vendors.
• Follow-up quarterly on key projects and initiatives.
• Oversee regulatory/audit examinations and establish action plans.
• Validate accuracy, completeness, and consistency of compliance data submitted to regulators and auditors.

Skills

Risk management

Compliance

Auditing

Regulatory knowledge

Analytical thinking

Communication

Project management

Leadership

Education

Bachelor degree in Finance, Banking, Accounting, or related field

Certifications in Compliance/Financial Crimes/Auditing (preferred)

Job description

Arab Bank in Dubai seeks a senior professional to lead risk evaluation, assurance, and compliance programs across the bank. You will ensure effective identification, assessment, and remediation of compliance risks, and provide independent assurance on controls and remediation actions.

The role requires strong leadership, analytical skills, and proven ability to design monitoring frameworks, report to management and boards, and deliver timely insights to maintain a proactive risk framework.