Regulatory Compliance & Assurance Manager

The Regulatory Compliance Manager will primarily be responsible to assist in managing the Regulatory Compliance function/activities including but not limited to CBUAE Notices, FATCA / CRS & Governance Policies.

Key responsibilities

Regulatory and Compliance Advisory:

Review, assess, advise on and obtain approval for all new and amendments to products services and business initiatives to ensure compliance risks are identified and appropriately mitigated Review, advise on and obtain approval on bank wide policies and procedures and client facing forms to ensure in line with regulatory requirements.

Conduct gap analysis on new/amended laws and regulations, interpret results, map the regulation to respective business units and release necessary communication; implement all new/amended regulations across the Bank to ensure compliance with regulatory requirements

Provide compliance advisory services for all ad-hoc requests and support/guidance on internal projects to ensure any compliance risks are identified and mitigated/addressed

Maintain the regulatory breach register and decide on materiality of issues to be reported to regulators, maintain the Regulatory Matrix and ensure it is kept updated with latest regulation in order to run the compliance monitoring plan and the compliance self-certification.

Providing advisory on regulatory matters to the internal stakeholders.

Dissemination and conducting gap analysis of CBUAE Notices with relevant stakeholders.

Conduct Compliance:

Manage and administer conduct compliance programs (Whistleblowing, conflict of interest, Related Parties Reporting etc.) and the Bank's ABC program to ensure they are managed effectively to mitigate conduct risk and accurate records are kept.

Contribute to/support the design and delivery of bank wide training in relation to conduct compliance and other regulatory implementations to advise and educate Bank employees and ensure fully compliant.

FATCA/CRS Obligations

Assisting with FATCA/CRS obligations to ensure appropriate guidance and advice, monitoring, reporting & training is undertaken, and reporting deadlines are met.

Policies, Processes, Systems and Procedures:

Assist in reviewing bank's policies and procedures and provide feedback from regulatory compliance perspective. Adhere to all relevant organizational and departmental policies, processes, standard operating procedures and instructions so that work is carried out to the required standard and in a consistent manner while delivering the required standard of service to customers and stakeholders.