Compliance Officer UAE National

Job Description

This role is reserved for a UAE National - In line with the UAE Government’s strategy in empowering and developing nationals, Emirates NBD is committed to welcoming the young generation into an innovative, modern, and supportive work environment to contribute to the nation's success. We are looking to find the best UAEN talent to join our ENBD family.

The Group Compliance Monitoring & Assurance (GCMA)maintains oversight of compliance monitoring and periodic reporting of business compliance functions.

• Implementation of Group Compliance Monitoring Policy across the Group.
• Consolidation of group CMPs, and review of the local and international business CMPs against their compliance obligations maintained in the Obligations Register.
• Assessment of the effectiveness of the business compliance monitoring function.
• Maintaining log of all compliance issues across the Group using the Compliance Issues Management System (CIMS), and tracking and reporting of compliance monitoring issues to Compliance Leadership Team.
• Analyze and identify compliance trends or systemic issues arising from compliance monitoring.
• GCMA also conducts Quality Assurance (QA) reviews on the following activities conducted by Business Compliance, Tanfeeth Compliance, RBWM HRA and on-boarding teams to ensure that the Group Compliance Policies and Procedures are implemented consistently at Emirates NBD UAE (RB, PB, WB).
  
  

• Conduct planning and execution of assigned QA reviews, ensuring adherence to TATs and quality of reviews and deliverables.
• Collaborate with stakeholders to understand review objective, scope, and timelines, for assigned QA reviews.
• Identify key compliance risks and controls to ensure the regulatory requirements and/or policies are being adhered to.
• Document review findings and suggest practical and value-adding recommendations and collaborate with management to develop action plans based on review findings.
• Incorporate data-driven approaches/tools/techniques into review planning and execution for comprehensive review coverage and efficient execution of reviews.
• Track the status of remediation efforts on issues identified until closure and provide updates to senior management.
  
  

• Bachelor’s Degree (preferably in Business, Accounting, Finance, IT/Computer Information Systems)
• Additional relevant compliance/audit qualifications, certifications, or courses (CIA/CA/CPA/CISA/ACAMS/ICA) is desirable.
• 5 years compliance or audit experience in the financial services industry, preferably Corporate Banking/Retail Banking in a recognized market.
• Background in UAE regulations and compliance practices in UAE or in well-regulated market
• Very good experience in on-boarding clients, performing Quality Assurance reviews etc.
• Good understanding/awareness of regulatory requirements, international best practice, especially the CBUAE & SCA regulations.
• Good understanding of the key compliance risks pertinent to the core activities within the Bank, particularly RBWM business activities.
• Strong understanding of Compliance Monitoring / Audit methodology and its application.
• Ability to manage business/stakeholder expectations.
• Proficiency with MS applications (e.g., Excel, Word, PP, etc.) and data analytics tools (e.g., PowerBi, SAS, etc.)
  
  

• Competitive salary package
• Market-leading incentives
• Strong emphasis on work-life balance and wellbeing across the bank
• Preferential banking facilities for employees
• Generous annual leave entitlement and Private Healthcare
• World-class Learning & Development platform and career development