Senior Analyst, Infrastructure, Supervision (UAEN)

Overview

Role

Regulatory Transactions

• The Supervision Division receives a variety of Regulatory Transactions from the regulated entities submitted using the DFSA ePortal, located on the DFSA website.
• Each application submitted to the Supervision Division is reviewed to determine its level of complexity and the associated effort required to complete the task(s).
• The candidate will be responsible for executing high volumes of Regulatory Transactions for example:
• Authorised Individual approvals, including new applications, applications to amend the status of an existing Authorised Individual or withdrawing an Authorised Individual.
• Changes to the Controllers of a regulated entity i.e. changes to shareholding.
• Changes to the Scope of activities, a regulated entity is licensed to undertake.
• Modification to or waiving DFSA rules for a regulated entity’s particular circumstances.
• Withdrawing a regulated entity’s licence / registration with the DFSA.
• The Senior Analyst, Infrastructure will play an important role in assessing the complexity of these transactions and making appropriate risk-based decisions.
• Supervision of regulated entities
• A Senior Analyst, Infrastructure will also be a junior regulator focusing primarily in these areas:
• Complete to a high standard allocated work stream. These will vary in nature/complexity but mainly related to the risk-based supervision of regulated entities.
• Obtaining/processing data to display required outputs i.e., general management information or the highlighting of risks.
• Support and/or contribute to regulated entities’ risk monitoring and ensure compliance with supervisory service standards, processes and procedures.
• Handle regulated entities enquires to the Division.
• Support and/or contribute towards desk-based (off-site) reviews and thematic-event-driven reviews.
• Calculating the required fees levied upon firms for various regulatory purposes.
• Maintain the internal system records on regulated entities timely and accurately.
• Working on projects, namely around IT/systems development.
• Conduct due diligence assessments on firms/individuals using specialist software.

Production of Management Information

Educational Background

• University degree in a relevant field (e.g. Finance, Engineering, IT) is preferred.
• Evidence of continuing professional education relevant to target position would be considered a plus.

Professional Experience

• Minimum of 2-3 years of experience with a broadly equivalent role. DIFC experience would be considered a plus.
• Data analytical skills will be considered as an advantage.

Knowledge, Skills & Attributes

• A good knowledge of the financial services industry and its unique characteristics.
• Good understanding of the responsibilities/role of the regulator and appreciation of what it means to be a risk-based regulator.
• IT skills especially Business Intelligence software such as Microsoft Power BI, Dynamics 365, etc. with the ability to use the DFSA’s data for analysis, reports, and alerts.
• Knowledge of AML due diligence software.
• Excellent research and analytical skills with ability to apply judgment.
• Good time management skills embodied in a professional, diplomatic and ethical attitude.
• Good communication and presentation skills.
• Stakeholder management skills, including ability to engage effectively and confidently with international counterparts.
• Be able to work flexibly, autonomously, and co-operatively in a collaborative team environment.
• Willingness to expand technical knowledge through accredited training.