Asst Manager / Manager - Regulatory Compliance

About This Role

Job Purpose:

As Assistant Manager or Manager in Regulatory Compliance, you will contribute to ensuring that the bank operates within the scope of prevailing regulatory requirements, promoting compliance culture, and actively engaging with regulatory authorities. You will provide timely advice, drive implementation of compliance protocols, and maintain key relationships to manage regulatory risk effectively in alignment with the bank’s objectives.

Key Responsibilities:

• Provide accurate, practical, and timely guidance to various business units on compliance with relevant regulatory rules, regulations, and standards.
• Implement regulatory compliance protocols, maintain regulatory rulebooks, and monitor regulations and their implementation status.
• Serve as the point of contact with regulators, coordinating communication on behalf of the bank.
• Oversee regulatory communication, analysis, examinations, and maintain the Obligations Register.
• Stay updated with domestic and international regulatory developments, ensuring the bank complies across all its regulators.
• Enhance Conduct Risk indicators proportionate to the bank’s size, complexity, and maturity.
• Address compliance-related gaps from RCSA assessments, audits, and regulatory supervisory examinations.
• Develop relationships with stakeholders across the bank while fostering a compliance culture.
• Assess regulatory trends, analyze their impact, and monitor implementation of necessary changes.
• Manage preparation and timely submission of regulatory reports in compliance with policies and applicable regulations.
• Identify and implement improvements to existing processes to strengthen controls without compromising service quality.

Key Skills, Qualifications & Experience:

• Bachelor’s degree in Finance, Banking, Business Administration, Compliance, or a related field; professional certifications in compliance (e.g., CAMS, ICA) are a plus.
• 5–8 years of relevant experience in Banking or Financial Services, with regulatory compliance advisory experience a MUST .
• Experience in maintaining relationships and liaising with regulators, with strong drafting and communication skills.
• Strong familiarity with UAE regulatory frameworks, including CBUAE, SCA, and VARA. Knowledge of FATCA and CRS is an advantage.
• Ability to provide status reporting and management information (MI) with updates on compliance progress and challenges.
• Analytical mindset to review processes and recommend changes that reinforce controls and compliance culture.