Core functional mandate focus on conducting second line of defense compliance review of high risk corporate KYC and name screening referrals and ensuring compliance with the Bank’s KYC Standards and regulatory requirements while reviewing high risk KYCs within the agreed SLA TAT and coordinate with other centralized compliance verticals such as AML or Sanctions where needed to ensure comprehensive assessment of identified financial crime or sanctions risks.
Maintain ongoing awareness/knowledge of all applicable regulations set by UAE regulators and bank Compliance policies and standards as well as the existing/emerging legal/statutory/regulatory environment in U.A.E as the guiding reference for the role’s engagement with all internal stakeholders.
Provide technical guidance, coaching and quality assurance oversight to Compliance Officers and Analysts, including review of complex cases and identification of skill development for their performance assessment
Act as backup point of contact with Compliance Assurance Unit and Internal Audit to facilitate the independent RCSA testing and internal audit engagements, and coordinate with CIBG Compliance Squad Lead to address the noted critical errors of Squad members resulting from above engagements.
Act as second backup to support Squad Lead in attending business scrums to assist business divisions to achieve their business goal and tackle inefficiencies by providing compliant solutions in consultation with Squad Lead and management.
Act as second delegated backup for the Squad Lead during periods of absence, ensuring continuity of advisory support, case allocation, escalation management, stakeholder engagement and delivery against SLAs.
Act as second backup to support Head of CIBG Compliance to prepare and submit management reports as guided by HO- Compliance from time to time.
Act as second backup to support Head of CIBG Compliance in expediting operational risk activities including but not limited to Operational Risk Register review, RCSA, Business Continuity and Disaster Recovery Planning.
Act as the backup LEAN Champion for CIBG Compliance to ensure alignment of its periodic huddle meetings with the LEAN Sustain requirements.
When assigned as backup, ensure timely periodic SOP review to align CIBG Compliance processes and controls with the applicable regulatory or bank policy/standards updates in coordination management for timely approval of the SOP updates.
Role has solid reporting line to Squad Lead and dotted reporting line to Head of CIBG Compliance
