About the job
Job Description
The unit is expected to deliver the following results:
To oversee the risk and control framework within the unit and ensure the robust risk management framework within corporate banking.
To oversee the AML/Sanctions/regulatory risk and ensure business remains within the risk appetite.
To manage the governance related activities which require independent level of check.
To facilitate and support the implementation of new processes, controls both from the risk and digitization perspectives.
To review/Approve the profile of C&IB clients in term of AML/sanctions/regulatory risk and assist management in keeping the business within the risk appetite.
Managing the Governance Related Profile.
Managing, generating, and overseeing the reporting requirements.
Compliance Updates and Advisory Role for Business
Work as a Business Partner for Corporate, Financial institutions and syndication units.
Essential Job Function/Purpose of the profile is as follows:
Generate the reports from Cognos, RM Workbench and BI.
To develop the detailed understanding of KYC/CDD policy, demonstrate the sound the knowledge of operational procedures and guidelines for Corporate, Financial intuitional and syndications.
Assessing the risk profile of C&IB clients from AML/Sanctions/Regulatory risk perspectives based on risks based approach and to identify unacceptable AML/Sanctions/Regulatory risk and to proactively manage/escalate these situations.
To work with Internal Audit to manage the overall resolution of audit related issues identified during regulatory/Audit Assessments and ensure that proper mitigates/resolutions is done.
Undertake monitoring and surveillance through a risk-based monitoring program. Monitor and, as necessary, coordinate the Compliance activities of other departments to remain abreast of the status of compliance and to provide assurance that Compliance breaches are readily identified, reported and acted on, and to identify trends.
Ensure to perform the quality checks, on remediation activities for validation purposes to ensure that high risk account classification is as per agreed standards, gaps analysis templates cover AML/Sanctions/regulatory aspect of fulfillments and to identify the gaps in existing policy procedures in line with AML/CFT polices and regulatory requirements.
To assist the management in term of regulatory oversight of breaches identified within the business during review of corporate clients and design the plans to regularize these breaches.
To liaise with RM/Business head to collect data, validate data and report the regulatory KPIs as advised by advised Central Bank UAE i.e. regular assessment conducted by central bank UAE.
To lead/manage the account opening and maintenance related activities for corporate banking units and prepare reports for management review interim of total turnaround time, activity reports, pending reports and Discrepancy analysis report.
Data Governance Projects (Duplicate CIF, Incorrect data, Missing UBO, AML Risk Rating).
Cash Intensive Reports – Investigate on account, obtain the business feedback
About Us
EIB
Emirates Islamic was launched in 2004 to deliver the highest standards of banking services in line with Shari’a principles.
As one of the leading Islamic banks in the UAE, Emirates Islamic offers exciting career opportunities for highly motivated professionals and graduates. At Emirates Islamic, we believe that our Employees are our biggest asset and we continuously invest in Talent Management & Training and Development programmes to help them excel professionally and achieve success in their chosen career.
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