Assistant Manager jobs in United Arab Emirates

Sharjah Islamic Bank
Sharjah, United Arab Emirates
Posted: 6 hours ago
Type: Permanent
Salary: Competitive

JOB PURPOSE
To perform the tasks as required of the Assistant Manager - Regulatory Compliance for the organisation. The primary responsibilities entail ensuring that the organisation is in compliance with all regulatory obligations as set out by the industry regulators, other applicable laws and industry practices within the market. The responsibility also entails the maintenance and development of all relevant procedures and policies as required in order to ensure adherence to the organisational regulatory Compliance framework.

KEY ACCOUNTABILITIES

• To assist in the implementation of an enterprise wide Regulatory Compliance Monitoring Program to ensure that the bank's units/staff are functioning in accordance with regulations.
• Reporting and monitoring of incidents of non-compliance to Senior Management following up on raised matters ensuring satisfactory resolution/reporting as appropriate.
• To maintain positive and professional relationships with line management to complete compliance reviews & objectives effectively and efficiently.
• To keep abreast/informed of new regulations/laws current developments in the banking environment, and their implications to ensure that SIB's regulatory policies and procedures do reflect these.
• Keep informed about the improvements and developments in the compliance area and accordingly update the subordinates in order to improve the compliance quality throughout the organization.
• Assist in the implementation of the department quality assurance program to ensure that the department is functioning at a high level of efficiency and effectiveness.
• Regulatory Notices/Communication: Ensuring that information is collected and supplied as applicable from relevant areas and stakeholders. Ensuring appropriate follow up and conclusion of task.
• Performing any other duties or responsibilities assigned by the Line Manager or Head of Department.
• Exercises financial responsibilities at the level established by Management for this position.
• Works under general direction, of governmental regulatory agencies, the Central Bank.
• Works according to established procedures within the policy of the bank.
• Makes own decisions for matters within the scope of the position and refers major decisions and recommendations to higher levels of supervision for further discussion, approval and handling.

Qualifications, Experiences & Technical Skills:

• Minimum Qualifications: Bachelor in Financial & Banking Science, Financial Management.
• Minimum Experience: A minimum of 5 years experience in banking with at least three years in a similar capacity.
• Software Skills: MS Office - Accounting/ERP Software.
• Strong written and oral communication skills; Knowledge in banking principles and practices.
• Interpersonal and Negotiation Skills; Knowledge in banking products and facilities.