Regulatory Compliance Manager

Emirates Investment Bank PJSC (EIBank) is an independent onshore private bank based in Dubai, United Arab Emirates, offering a wide range of banking and investment services to a select group of clients, supporting them through every stage of their wealth journey.Established in 1976 by prominent UAE business families, EIBank offers bespoke solutions across the full range of wealth management services, from asset management and access to global markets to advisory services.EIBank is a relationship driven bank, focused on building long-term partnerships. Our flexible and consultative approach enables us to offer customized products and solutions through innovative advice and services.EIBank is listed on the Dubai Financial Market since 2005 and its shareholder base is composed of highly respected UAE business families and private investors from the local community.Job Purpose: The Regulatory Compliance Manager will oversee Regulatory Compliance in accordance with UAE Central Bank and UAE Securities and Commodities Authority (SCA) regulations. The role involves ensuring adherence to a number of Regulations, including consumer protection, outsourcing, corporate governance, licensing, client classification, suitability, and capital adequacy requirements.The Compliance Manager will be responsible for monitoring regulatory developments, implementing compliance frameworks, conducting compliance reviews, and engaging with regulators.Key Accountabilities: 1. UAE Central Bank Regulatory Compliance Consumer Protection Compliance: • Ensure the firm complies with UAE Central Bank Consumer Protection Regulations.• Oversee complaint-handling mechanisms and ensure fair treatment of customers.• Conduct reviews of customer-facing policies, contracts, and disclosures to ensure compliance.Outsourcing Regulation Compliance: • Ensure adherence to outsourcing regulations, including due diligence, contractual compliance, and risk assessment of service providers.• Monitor the firm’s outsourcing arrangements and ensure regulatory reporting requirements are met.Corporate Governance & Employment Compliance: • Oversee compliance with corporate governance requirements, ensuring board and management decisions align with regulatory expectations.• Monitor adherence to employment regulations, including fit and proper requirements for senior management and staff.• Conduct periodic training on corporate governance and compliance obligations.2. UAE Securities and Commodities Authority (SCA) Compliance Licensing & Regulatory Approvals: • Ensure the firm maintains valid SCA licenses and meets all regulatory obligations.• Oversee licensing applications, renewals, and regulatory approvals for new business activities.• Liaise with SCA on regulatory queries and ensure timely submission of required reports.Client Classification & Suitability: • Ensure compliance with client classification regulations, including high-net-worth individual (CB UAE) and professional/ordinary investor (SCA).• Monitor adherence to suitability and appropriateness assessments for investment products and financial services.• Conduct periodic internal audits and controls to verify compliance with client categorization rules.• Oversee compliance with capital adequacy requirements (as a LOD2 in collaboration with the Risks Management Team which holds primary technical compliance responsibility.Seniority level Seniority level Mid-Senior level Employment type Employment type Full-time Job function Job function Other Industries Banking Referrals increase your chances of interviewing at Emirates Investment Bank pjsc by 2x Get notified about new Regulatory Compliance Manager jobs in Dubai, United Arab Emirates.Dubai, Dubai, United Arab Emirates 20 hours ago Authorised DFSA / ADGM Compliance Officer Manager Flight and Ground Operations (Dubai, UAE)Relationship Manager (Private Markets HNWI Sales)Dubai, Dubai, United Arab Emirates 12 hours ago Dubai, Dubai, United Arab Emirates 12 hours ago Director of Compliance and Inspection- UAENDubai, Dubai, United Arab Emirates 7 hours ago UAE Compliance Manager, Amazon Payment Services We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. #J-18808-Ljbffr