AVP- Compliance Testing & Issue Management (UAE National)

at  bankfab

COMPANY DESCRIPTION

FAB, the UAE’s largest bank and one of the world’s most secure financial institutions, is dedicated to creating value for its employees, customers, shareholders, and communities. Through innovation, agility, and differentiation, FAB is committed to fostering growth. We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting and dynamic industry

MINIMUM QUALIFICATION

• Bachelor’s Degree or Higher in Management, Banking or Finance, preferably with certification in compliance, corporate governance, risk management or internal audit.

MINIMUM EXPERIENCE

• At least 3-5 years’ of business experience preferably in Compliance and/or Audit in a reputed bank
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Compliance Assurance Unit
The unit is responsible for managing the Group Compliance monitoring programme to provide assurance that the Group is operating in line with regulatory requirements and internal compliance policies and procedures. This entails planning, development and implementation of a risk based Group Compliance monitoring plan, working with business units to undertake reviews and issuing reports that provide assurance as well as highlighting deficiencies so that they can be corrected. The monitoring function is responsible for maintaining a log of all compliance related issues across the Group. The function also provides assistance in the development of compliance reports to support the EXCO, Compliance Committee and BRCC.
To execute monitoring and testing of first and second line of defence activities related to Regulatory Compliance including Financial Crime, in line with the approved Compliance Monitoring Plan (CMP)