Vice President Advisory and Regulatory Compliance - Dubai, United Kingdom - eSolutions FZ

eSolutions FZ

Verified Company

Dubai, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Vice President Advisory and Regulatory Compliance - Permanent - UAE

Wanting to work with a leading client in the Banking Sector

I am recruiting for a leading client within the banking sector who require to bring on a Vice President of Advisory and Regulatory Compliance to provide Compliance Advisory to assigned businesses and support functions, such as Wholesale Banking, Retail Banking,Treasury, Credit, Wealth Management Insurance and Investments

Role:
Vice President Advisory and Regulatory Compliance

Location:
Dubai

Duration:
Permanent

Role Responsibilities:

Responsible for Regulatory Liaison; Implementation of regulatory compliance protocols, regulatory analysis and maintenance of rule books for extraterritorial regulations such as FATCA, CRS, where applicable, Monitor regulations received and implementationof the same in the bank
Implement and manage a Compliance Monitoring programme to ensure adherence to regulatory requirements for key regulations and business processes
Coordinate with Central Bank and other regulators on behalf of the Bank
Manage all regulatory circulars, communication, analysis and examinations conducted by regulators of the Client
Introduce and manage Conduct Risk commensurate with the Bank's size, complexity and maturity level
Analyze the impact of regulatory trends and developments with respect to processes implemented in the Bank and monitor the implementation of such changes
Manage and ensure accuracy and timely submission of Regulatory reports to the appropriate authorities, ensuring Compliance with policies and applicable regulations.
Challenge and question processes and procedures and proactively implement suggestions from others for improvement in procedures to enhance the compliance culture
Strong experience of Compliance Advisory to businesses and functions
Strong experience of liaising with regulators, including all types of communication so excellent drafting and communication skills are mandatory
Experience in providing status reporting and ensure management is kept informed of progress and issues
Ability to ensure effective vendor coordination for increasing overall efficiencies throughout a project
Experience in coordinating, planning and managing the execution of Business Acceptance Testing and related activities by adhering to TAT, SLA & internal (Operating Procedures) and external (Central Bank) guidelines laid down
Ability to identify and recommend improvements to existing procedure and processes, suggest changes for improving controls and reduce cost without compromising on service quality
Relevant experience in Compliance Advisory and Regulatory Compliance and Operational Risk Management
Knowledge of the key UAE regulations from CBUAE and SCA, as well as Operational Risk Management guidelines, practices, processes and procedures

**Does this look like a role that you have experience in? To be considered for this role, send across your up to date CV