Assistant Manager, Compliance

Department Description:
The Compliance Organization Unit is responsible for ensuring that the Bank
complies with all relevant external laws and regulations applicable in the
various jurisdictions that the Bank operates in Significantly this includes
compliance with Sanctions Anti Money LaunderingAML and Counter Terrorist
FinancingCTF requirements not only of the countries that the Bank operates in
but increasingly there is an expectation of compliance with those of key US
and EU regulators
Brief Description:
Working with the business to monitor and set appropriate policies procedures
and processes to ensure compliance with regulatory requirements expectations
and industry best practices
Providing official written and informal guidance and advice on Compliance
matters to the respective businesses as and when requiredeg on a client
product or transaction basis
Ensuring that appropriate training is given to all relevant staff on the Banks
policies and procedures This includes the provision of training on key
policies and procedures such as Sanctions AML and CTF
Undertaking periodic risk based Compliance Monitoring to ensure the Banks
policies and procedures are being complied with Managing the alert
investigation process arising from the key Compliance systems and escalate to
Senior management regarding significant noncompliance

Detailed Description:
Reporting to the Manager the incumbent will be responsible for performing and
leading periodic reviews related to NTB accounts payments and customer
screening in accordance with Compliance Risk Assessment Tool Internal policies
and procedures local and international regulatory requirements while
demonstrating an understanding of the risk profile of the CIB client segments
Take an active role in ensuring that the Banks customers satisfy local and
international legal and regulatory requirements in relation to financial crime
and Emirates NBD standards through the application of appropriate procedures
Document conclusions for reviews performed in concise management reports and
provide awareness around significant risks and daily MIS must be stored for
audit purposes
Knowledge of local and international regulatory and legislative due
diligenceDD requirements and appreciation and awareness of industry best
practise and standards
Interpret and implement quality assurance standards and procedures
Assist in departmental projects as required and any other tasks assigned by
the respective line manager

Job Requirements:
Perform quality evaluations on defined samples of various workstreams
Participate in and lead team discussions on the calibration of findings and
build consensus and draft reports prior to finalizing records Track and review
Quality Assurance observations with Senior Management
Participate and contribute to Team meetings workshops and daily huddles
Act as a positive influence in maintaining a collaborative culture
Support Manager for queries relating to Group Compliance for all internal and
external audits
Provide necessary progress updates on addressing audit points to Unit Head and
ensure all related audit points are closed on time
Followup with Business to ensure necessary actions are taken to close out the
audit observations in the area of AML and CDD

Additional Details:
‎1 The incumbent will have a degree education as minimum preferably a post
graduate qualification
‎2 Compliance qualifications from an internationally recognized body is
desirable like ACAMS International Compliance Association certifications
diploma etc
‎3 The incumbent will have at least ‎5 years compliance experience in the
financial services industry preferably Retail Bank Private Bank and CIB Bank
in a recognized market Very good experience in onboarding clients performing
Quality Assurance reviews etc

‎4 UAE experience preferred
‎5 Good understanding and awareness of regulatory requirements international
best practice Anti Money Laundering and Sanctions requirements especially the
UAE Central Bank
‎6 Experience in analyzing and interpreting regulations and regulatory
requirements
‎7 Problem identification and solving skills
‎8 Good written and oral communication skills
‎9 Ability to communicate well
‎10 Good time management skills and adherence to deadlines essential
‎11 Teamwork
‎12 Flexibility
‎13 Ethics Integrity
‎14 Decision making Problem Solving
‎15 Creative and Innovative thinking

Qualifications
AS Mentioned in the JD
Primary Location : United Arab Emirates-Dubai-Dubai - Deira, Baniyas
Road, Enbd Head Office
Job : Risk Management
Organization : Group Compliance
Schedule : Regular
Shift : Standard
Job Type : Full-time
Day Job
Job Posting : Jun ‎28, ‎2022, ‎11:13:‎05 PM