Senior Audit Manager, FCC and Regulatory Compliance at CBD

Dubai, Dubai, United Arab Emirates -

Full Time

Start Date

Immediate

Expiry Date

03 Feb, 26

Salary

0.0

Posted On

05 Nov, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Audit, Regulatory Compliance, AML Regulations, Banking Concepts, Risk Management, Team Management, Stakeholder Engagement, Policy Development, Process Improvement, Communication, Problem Solving, Analytical Skills, Leadership, Relationship Management, Report Writing, Performance Management

Industry

Banking

Description

Description Operating in the UAE for over 50 years, CBD manages the financial requirements of some of the largest corporates and businesses operating in the country, driving the UAE economy. Over the years, CBD has transformed into a progressive and modern banking institution winning multiple awards for its digital initiatives, credit cards, bank accounts, mobile app features and services. CBD has been recognized as the number one bank in the UAE on the Forbes list of The World’s Best Banks 2022. As we continue to build upon our successes, we are looking for ambitious individuals who are passionate about the banking and finance industry and the markets in which CBD operates. Just as important to us is your ability to demonstrate a talent for dealing with people - your colleagues and our customers and delivering service that really goes the extra mile. Job Purpose: To manage teams and undertake audit work (as necessary) to support the delivery of the audit plan in accordance with audit methodology, to ensure risks are effectively managed in accordance with all relevant regulations. Principal Accountabilities: Work Management Manage and undertake reviews, as directed, in order to assess the adequacy and effectiveness of controls, systems, processes and procedures, highlighting areas of concern. Agree terms of reference with management and keep them informed of the assignment’s progress and findings. Produce draft audit reports for HoA or CIAO review and provide to business management detailing the findings of reviews in order to make recommendations for improvements to the management and control of risk. Confirm that outstanding issues identified during reviews are followed up and resolved to ensure that risks are effectively managed in accordance with all relevant policies and regulations. Develop and manage relationships with senior management, colleagues and relevant external parties to discuss current and future issues and ensure their requirements and concerns are addressed. Advise and support management at all levels in understanding and accepting where corrective action needs to be taken in order to protect the Bank. As appropriate, pro-actively liaise with internal stakeholders and team members in order to discuss current and future issues; feed risks identified into the planning process. Ensure compliance with the Bank’s policies, procedures and guidelines together with all relevant regulatory and statutory requirements where appropriate implementing actions to protect the Bank’s business at all times. Recommend changes to policies, systems, processes and working practices in order to achieve operational improvement. Manage, motivate and develop team members as required, so that their individual and collective performance is of the required standard and meets the current and future needs of the business. Update Audit Universe as and when required. Requirements Education and Experience: 8 + years’ experience in external or internal audit Senior manager level experience of at least 1 year Very good understanding of AML regulations and Regulatory Compliance Strong understanding of banking concepts and procedures ACA or Other Professional qualification relevant to the role. Must be a graduate

Responsibilities

Manage teams and undertake audit work to support the delivery of the audit plan, ensuring risks are effectively managed according to regulations. Develop relationships with senior management and provide recommendations for improvements in risk management and compliance.