Senior Specialist - Supervision

ADGM limited; Abu Dhabi; On-site; AED 220,000 - 420,000; Full time

Job summary

Abu Dhabi Global Market (ADGM) FSRA, Abu Dhabi, seeks a Senior Specialist in Supervision. The role focuses on financial crime prevention within the supervision of banks, insurers, and market participants.

You will assist in implementing the supervisory framework and risk-based approaches to drive effective oversight. Ideal candidates have 6–8 years in financial supervision, strong communication skills, and fluency in English with regulatory experience in the UAE context.

Qualifications

• Min 6-8 years of experience in financial supervision or related fields.
• Experience in asset and wealth management, Funds, CFDs and/or Virtual Assets.
• Proficiency in Arabic or other languages and understanding of Arabic culture.

Responsibilities

• Assist in implementing the supervisory framework and risk-based approach.
• Draft the supervisory work plan and communicate recommendations.
• Oversee ongoing analysis of prudential condition and compliance with Crime Prevention framework.
• Build relationships with regulated institutions and internal/external stakeholders.
• Participate in projects and liaise with other FSRA groups as needed.

Skills

Financial crime prevention

Risk assessment

Regulatory compliance

Stakeholder management

Analytical thinking

Communication skills

Education

Bachelor’s Degree

Job description

The FSRA is responsible for the regulation of Financial Services providers in the ADGM and for the supervision of regulated activities.

The Supervision Division consists of the Supervision Section and the FSRA Markets Section.

The Specialist Supervision is a role within the Supervision Section.

The Supervision Section of FSRA is responsible for monitoring the safety and soundness of banks, insurers, money service providers and capital markets intermediaries. The Section undertakes impact/risk assessments of individual financial institutions which will drive the frequency and intensity of the supervisory approach. The Section adopts holistic supervision underpinned by a risk-based supervisory approach.

The Senior Specialist role works closely with the Managers and Senior Managers to assist in the implementation of the supervisory framework and in the supervision of a portfolio of financial institutions, consistently with FSRA’s regulations and risk appetite and international best practices.

This role has a strong financial crime focus and requires relevant Financial Crime prevention experience/Knowledge.

Strategic responsibilities

• Assist in the implementation of the short- and long-term objectives of Supervision Section.
• Assist in developing, enhancing and implementing the framework, policies, rules and procedures for governing and supervising financial institutions.

Operational responsibilities

• Responsible forsupervising firms’ compliance with relevant rules and regulations and in their periodic impact/risk assessment, with support from the Director/Senior Manager/Manager.
• Responsible forthe periodic risk assessment of firms, the drafting of the supervisory work plan, and the execution of the supervisory work plan, including the planning and executing of supervisory reviews and drafting and communication of recommendations, with support from the Director/Senior Manager/ Manager.
• Responsible forthe ongoing analysis of prudential condition of the assigned institutions and their conduct of business and compliance with Financial Crime Prevention framework with support from the Director/Senior Manager/Manager.
• Responsible for/assist in taking prompt action against deficiencies and non-compliances identified including periodic follow-up to ensure timely resolution of deficiencies.
• Build relationships with regulated institutions and other stakeholders, both internal and external to FSRA/ADGM.
• Assist in implementing policies, rules and processes, including appropriate documentation for all assigned institutions.
• Deliver additional tasks that may be delegated from the Director/ Senior Manager Supervision.
• Liaise with other internal stakeholders such as Authorisation and/or other FSRA groups, as appropriate.
• Participate and deliver on projects that may be allocated thereto.

Information Security related

• Understand, adopt, adhere and practice responsibilities or controls as per ADGM Information Security policy and as per best practices explained in the induction and awareness sessions.
• Maintain confidentiality, Integrity and availability of the ADGM Information at all times i.e. within as well as outside ADGM.

Education

• Bachelor’s Degree

Work Experience

• Min 6-8 years of experience of financial supervision or industry experience in asset and wealth management, Funds, Contracts for Differences and / or Virtual Assets, specifically relevant Financial Crime prevention experience/Knowledge in one or more of these sectors.
• Good communications skills both in writing and orally.
• Results-oriented team player.
• Good influencing and negotiation skills.
• Working well in a collaborative environment with a team of diverse professionals.
• Entry level planning, organisation and analytical skills.
• Strong sense of responsibility and impeccable integrity.
• Positive “can-do” attitude, eager to take on additional responsibilities.
• Eager to learn additional skills, both technically and behaviourally.
• Fluent in business English.
• Degree qualification in one of the following disciplines: Finance, Banking and Accounting, Risk Management, Law or related disciplines.
• Proficient in Arabic or other language(s) and understanding of the Arabic Culture.

About Us

The FSRA was established to advocate a progressive financial services environment and uphold the integrity of ADGM. The FSRA’s policies are aligned with internationally recognised standards and ensure that financial entities operate with certainty, market participants thrive in an equal level-playing environment, and the interests of investors are safeguarded.

About the Team

Abu Dhabi Global Market is an award-winning international financial centre strategically located in the capital of the United Arab Emirates.

Established by UAE Federal Decree, ADGM’s jurisdiction extends across the entire 114 hectares of Al Maryah Island.

ADGM's three independent authorities - the Registration Authority (RA), the Financial Services Regulatory Authority (FSRA) and ADGM Courts - together ensure that its business-friendly environment operates in line with international best practices, recognised by major financial centres worldwide.

Job Info

• Job Identification 270
• Job Category Professional / Specialist
• Job Schedule Full time
• Locations Abu Dhabi Global Market Square, Abu Dhabi, Al Maryah Island, AE