SVP - Head of CIB Risk, Governance and Controls (FLOD)
- Recruiter
- First Abu Dhabi Bank
- Location
- Abu Dhabi, United Arab Emirates
- Salary
- Competitive
- Posted
- 18 Jan 2019
- Closes
- 18 Jan 2019
- Ref
- 5272116
- Job role
- Accountant
- Sector
- Accounting - Public practice
- Experience level
- Director
KEY ACCOUNTIBILITIES:
Job Specific Accountabilities:
Strategic Contribution – within CIB:
Risk, Control and Governance Awareness:
Provide leadership for a team which will conduct the following activities:
People Management:
Budgeting and Financial Planning:
Policies, Systems, Process & Procedures:
Continuous Improvement:
Reporting:
Generic:
QUALIFICATIONSAND EXPERIENCE:
Minimum Qualification:
Minimum Experience:
Job Specific Accountabilities:
Strategic Contribution – within CIB:
- Establish and develop the CIB First Line of Defence function to ensure vertical alignment and horizontal integration with other interfacing departmental strategies.
- Ensure implementation of the Bank’s Compliance strategy within CIB.
Risk, Control and Governance Awareness:
Provide leadership for a team which will conduct the following activities:
- KYC and on-boarding approval
- Business risk advisory
- Business control assurance testing
- Transaction monitoring support and RFI.
People Management:
- Effectively lead and manage the CIB UAE FLOD Controlsteam by setting of individual objectives, managing performance, developing and motivating staff to maximise performance
- Support the Department in talent management and succession planning
- Provide guidance and on the job training for staff and conduct knowledge sharing sessions.
- Identify Resource shortfalls against the Department capacity plan and work with HRD to fill positions or identify cover
- Act as a role model to direct and indirect reports to drive adherence to organisational values and ethics and foster a value driven culture within the bank.
Budgeting and Financial Planning:
- Prepare and recommend the Department budget and monitor adherence to the budget, while ensuring all sectional activities are conducted in line with the approved guidelines.
Policies, Systems, Process & Procedures:
- Oversee compliance with Group Compliance Policies and develop CIB & International compliance procedures and processes.
- Oversee the conduct of periodic gap analysis to ensure that Procedures are in line with regulatory and compliance requirements.
- Oversee effectiveness of any CIB & International compliance systems to support operational controls including acting as an SME to define CIB system requirements, parameters, scenarios, logic and underlying models. Work closely with Group Compliance Technology, Data & Reporting Team unit to ensure consistency in application and obtain SME advice before roll out / amendments.
Continuous Improvement:
- Identify opportunities for continuous improvements to CIB & International related Compliance systems, processes and practices based on risks and control deficiencies identified.
Reporting:
- Working closely with the Group Compliance Technology, Data & Reporting Team on KPI’s and KRIs for reporting to senior stakeholders from CIB Business and Group Compliance.
- Develop and implement CIB & International reporting mechanism.
Generic:
- Implement Group Internal Audit, Regulatory and Group CIB & International Compliance (SLOD) recommendations for findings relating to the business unit.
QUALIFICATIONSAND EXPERIENCE:
Minimum Qualification:
- Bachelor’s degree or higher in management, banking, finance, preferably with certification in compliance, KYC/AML/CFT, financial crime or risk management.
Minimum Experience:
- Minimum of 10-15 years of experience in a reputable international bank, experience of working in regulated jurisdictions and exposure to international financial services regulations;
- Minimum of 10 years+ of experience preferably in a CIB aligned Risk, Compliance or Internal Audit role
- A combination of risk management, Internal Audit or Compliance experience would be considered an asset.
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