Assistant Manager Regulatory Compliance FATCA/CRS & Governance Policies

Assistant Manager Regulatory Compliance FATCA/CRS & Governance Policies

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

Job Accountabilities:

• Core functions:
• Assisting with FATCA/CRS obligations to ensure appropriate guidance and advice, monitoring, reporting & training is undertaken, and reporting deadlines are met.
• Assist in implementation of Governance Policies (including but not limited to Insider Trading, Conflict of Interest, Related Party Transactions).
• Providing advisory on regulatory matters to the internal stakeholders.
• Dissemination and conducting gap analysis of CBUAE Notices with relevant stakeholders.
• Assist in reviewing bank's policies and procedures and provide feedback from regulatory compliance perspective.
• Assist in preparation of all reports/MIS on issues relating to Regulatory Compliance and ensure that same are provided in a timely manner to fulfil department obligations.
• Performing any other duties or responsibilities consistent with the role as assigned by the line manager.

Qualifications Experience & Skills:

Qualifications:

• Tertiary education with a Bachelor's degree as a minimum from an internationally recognized educational institute.

Experience:

• Minimum 5 years experience in a banking / financial institution environment of which 2 years experience should have been in Regulatory Compliance or similar.

Job Specific Skills:

• In depth knowledge and understanding of CBUAE and other regulatory requirements including but not limited to FATCA/CRS requirements.
• Understanding of regulatory expectations, protocols and procedures.
• Arabic is a must.
• UAE national preferred.

Preferred Certification/Training:

• Any Compliance qualification or certification, such as ACAMS or any other relevant AML/Compliance qualifications from an internationally recognized body will be considered as an advantage.

Generic Skills Requirements:

• Analytical, problem solving and decision-making skills.
• Independent and self-starter.
• Strong team player.
• Good written and oral communication skills.
• Mindset Development.
• Knowledge of the banking sector including trends, products and leading practices.