banking jobs in UAE | First Abu Dhabi Bank (FAB) emirates careers
banking jobs in UAE | First Abu Dhabi Bank (FAB) emirates careers
First Abu Dhabi Bank (FAB) announced, through its Linkedin account, a bank job in uae (Lead- GCF FLOD Risk & Controls Governance) according to the following:
Responsible for supporting IBG Risk & Control Head in managing end to end risk for processes owned by the Business.
The person is responsible for supporting and executing the first line of defense and ensures effective implementation of Risk Framework, process controls and governance within the GCF Business including Enterprise Risk Assessments and reporting.
Understanding and interpreting regulatory requirements and ensuring the controls frameworks are compliant where required.
This is a key new function, strong leadership, communications and stakeholder influencing skills are important.
Tracking of business-owned action plans in progress to implement/comply with new/changed regulation.
Design and implementation of new/changed controls.
Risk identification of end-to-end process universe for the business and related designing & implementation of control.
Responsible for ensuring material operational risk losses and risk assessment gaps (EWRA and RCSA) are investigated by relevant process owner and corrective actions are taken to prevent recurrence.
EWRA: Coordination of business inputs and MI.
EWRA: Challenge/validation of Compliance Assessments (Inherent Risk and Control) in the first instance.
RCSA: Coordination of business RCSA activities, including identification of key regulatory risks inherent in business processes assessed through RCSA (and gaps);
RCSA: Coordination of challenge sessions by SLOD (Compliance) on assessment of regulatory risks within RCSA.
Other (e.g., Conduct Risk, for as long as required): Coordination of business inputs and MI.
Development of KRIs to measure control performance in real-time.
Coordination of escalation and management of business-owned issues emanating from Compliance Monitoring, GIA, regulatory examinations, and business monitoring.
Coordination (with Compliance, GIA, etc.) of appropriate business ownership of issues.
Tracking of issue closure progress, including interim milestones; escalation to business of delinquencies, and to Compliance, GIA etc., especially where delinquencies have regulatory impact.
Management of dependencies and escalation where required.
Management and escalation of near misses.
Design and Ensure the Audit Socialization conducted for the Region is undertaken effectively and timely.
Bachelor’s degree or higher in management, banking, finance, preferably with certification in compliance, KYC/AML/CFT, financial crime or risk management.
Minimum of 10 - 15 years of experience in a reputable international bank, experience of working in regulated jurisdictions and exposure to international financial services regulations.
Minimum of 10 years+ of experience preferably in a CIB aligned Enterprise Risk, Risk & Control, Operational Risk, Compliance or Internal Audit role.
Combination of Enterprise Risk Management, Internal Audit or Compliance experience would be considered an asset.
Good understanding of Corporate Finance products, processes, risks & controls.
Understanding of SCA regulations and reporting requirements would be a plus.
Details and apply for this First Abu Dhabi Bank (FAB) job as follows:
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