Job Description

The Compliance Manager will support the function by providing regulatory advice, monitoring regulatory gap assessments, staying updated on key regulatory changes, and ensuring these changes are highlighted and summarized for relevant stakeholders. Additionally, support the delivery of regulatory training and awareness sessions to ensure staff understand and comply with applicable regulations and standards.

• Maintain comprehensive knowledge of CBUAE regulations, standards, circulars, and guidance, along with all relevant federal laws, decrees, and associated regulatory directives
• Maintain strong awareness of international standards, including FATF Recommendations, to ensure effective understanding of AML/CFT regulatory expectations.
• Review the official gazette, prepare summaries, and cascade information to relevant stakeholders.
• Lead meetings and present newly issued regulations and standards to stakeholders, walk them through the requirements, and provide adequate summaries including necessary details.
• Assess financial services activities to determine whether they fall within or outside the scope of applicable regulations and standards.
• Oversee regulatory gap assessments to ensure all assessments are tracked, maintained, and reflected accurately in updates provided to the Head of Regulatory Compliance.
• Identify and analyse differences between existing regulatory requirements and newly issued or amended regulations.
• Prepare concise summaries and comparative analyses of regulations, standards, and guidance for internal stakeholders and governance committees.
• Support coordination to ensure timely dissemination of regulatory notices, circulars, standards, and guidance to relevant stakeholders.
• Assist in tracking regulatory obligations, notices, and guidance to ensure no regulatory requirement is missed.
  

Experience

• Bachelor’s degree in Business, Commerce, Law, Economics, or a related discipline.
• Further Education to include qualifications in compliance, risk, or regulatory disciplines are an advantage.
• Certifications such as ACAMS, ICA Diploma, or equivalent are preferred.
• 7 to 10 years of experience in regulatory compliance, banking, or a related regulatory function.
• Proven experience dealing with regulators and managing regulatory submissions.
• Strong exposure to UAE regulatory and, where relevant, international standards, including FATF Recommendations, AML/CFT frameworks, and global best practices.
• Strong knowledge of UAE regulatory rules, legislation, and regulatory frameworks.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong written and verbal communication skills in English.
• Good presentation and stakeholder management skills.
• High attention to detail with the ability to prepare clear, concise regulatory summaries.