SVP - Head of CIB Risk, Governance and Controls (FLOD)

Abu Dhabi, United Arab Emirates
11 Feb 2019
17 Feb 2019
Job role

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.

  • 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.

  • Implement Group Internal Audit, Regulatory and Group CIB & International Compliance (SLOD) recommendations for findings relating to the business unit.


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.