الصفحة الرئيسية الإمارات العربية المتحدة Assistant Manager - Regulatory Compliance, Sharjah

الصفحة الرئيسية الإمارات العربية المتحدة Assistant Manager - Regulatory Compliance, Sharjah

Assistant Manager - Regulatory Compliance, Sharjah

دوام كامل في Sharjah Islamic Bank في UAE
نُشرت يوم December 17, 2024

تفاصيل الوظيفة

Careers for a Changing World of Islamic Banking.

Assistant Manager - Regulatory Compliance

Posted On 20 Nov, 2024 Type: Permanent Job Category: Group Compliance JOB PURPOSE To perform the tasks as required of the Assistant Manager - Regulatory Compliance for the organisation. The primary responsibilities entail ensuring that the organisation is in compliance with all regulatory obligations as set out by the industry regulators, other applicable laws and industry practices within the market. The responsibility also entails the maintenance and development of all relevant procedures and policies as required in order to ensure adherence to the organisational regulatory Compliance framework. KEY ACCOUNTABILITIES
  1. To assist in the implementation of an enterprise wide Regulatory Compliance Monitoring Program to ensure that the bank's units/staff are functioning in accordance with regulations.
  2. Reporting and monitoring of incidents of non-compliance to Senior Management, following up on raised matters ensuring satisfactory resolution/reporting as appropriate.
  3. To maintain positive and professional relationships with line management to complete compliance reviews & objectives effectively and efficiently.
  4. To keep abreast/informed of new regulations/laws and current developments in the banking environment, and their implications to ensure that SIB's regulatory policies and procedures reflect these.
  5. Keep informed about the improvements and developments in the compliance area and accordingly update the subordinates in order to improve compliance quality throughout the organization.
  6. Assist in the implementation of the department quality assurance program to ensure that the department is functioning at a high level of efficiency and effectiveness.
  7. Regulatory Notices/ Communication: Ensuring that information is collected and supplied as applicable from relevant areas and stakeholders. Ensuring appropriate follow up and conclusion of tasks.
  8. Performing any other duties or responsibilities assigned by the Line Manager or Head of Department.
  9. Exercises financial responsibilities at the level established by Management for this position.
  10. Works under general direction of governmental regulatory agencies and the Central Bank.
  11. Works according to established procedures within the policy of the bank.
  12. Makes own decisions for matters within the scope of the position and refers major decisions and recommendations to higher levels of supervision for further discussion, approval and handling.
Qualifications, Experiences & Technical Skills:
  1. Minimum Qualifications: Bachelor in Financial & Banking Science or Financial Management.
  2. Minimum Experience: A minimum of 5 years experience in banking with at least three years in a similar capacity.
  3. Software Skills: Proficient in MS Office and Accounting/ERP Softwares.
  4. Strong written and oral communication skills; knowledge in banking principles and practices.
  5. Interpersonal and negotiation skills; knowledge in banking products and facilities.
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