Vice President - Regulatory Compliance

Are you passionate about ensuring compliance and enhancing quality assurance within the financial sector? We are seeking a dedicated and detail-oriented professional to join our team as the Vice President of Regulatory Compliance and make a significant impact.

• Responsible for Compliance Advisory and Regulatory Liaison: Implementation of regulatory compliance protocols, regulatory analysis, and adherence to regulations such as the SCA Rulebook, FATCA, and CRS.
• Provide Compliance Advisory: Offer guidance to assigned businesses and support functions, including Wealth Management (Investments and Insurance), Risk, Finance, Personal and Business Banking, Customer Experience, and Digital.
• Serve as the primary point of contact for regulatory compliance concerns.
• Manage SCA Circulars, regulations, communications, analyses, and examinations conducted by regulators.
• Oversee Conduct Risk: Ensure alignment with the Bank’s size, complexity, risk appetite, and maturity level.
• Analyse regulatory trends and developments: Monitor the impact on bank processes and implement necessary changes.
• Implement compliance protocols: Ensure adherence to the Bank’s compliance policies and regulatory requirements.
• Ensure accurate and timely submission of regulatory reports: Maintain compliance with policies and applicable regulations.
• Provide oversight and challenge on processes and procedures: Proactively implement suggestions for improvement to enhance the Bank’s compliance culture.
• Take ownership of the SCA Rulebook: Maintain guidelines for FATCA and CRS.
• Manage relationships with key regulators: Handle notices/circulars, conduct gap analysis reviews, and track closure within timelines.
• Develop and implement regulatory compliance strategies: Align with the Bank’s overall business objectives.
• Provide strategic guidance on regulatory matters to senior management.

• Bachelor's degree in communication or related field; MBA preferred.
• Minimum of 8 years of experience in Banking: Recent designation as a manager or above.
• Relevant experience in Compliance and Operational Risk Management (preferred).

• Developing and maintaining stakeholder relationships.
• Managing and resolving complex issues and projects.
• Working in a team and managing change.
• Knowledge of key UAE-related regulations from CBUAE and SCA: Familiarity with Operational Risk Management guidelines, practices, processes, and procedures.
• Identify and assess emerging regulatory risks: Develop proactive strategies to mitigate them.
• Lead strategic initiatives: Enhance the Bank’s compliance framework to ensure it remains robust and effective.
• Monitor and implement regulations received by the Bank.
• Ensure timely reporting to all regulators as per guidelines.
• Manage a compliance monitoring program: Ensure adherence to regulatory requirements.
• Coordinate with the Central Bank and other regulators on behalf of the Bank.