National Bank of Abu Dhabi is looking to hire

Head Of Compliance

Job description

First Abu Dhabi Bank is looking for Head of compliance to manage and monitor periodically the compliance functions and assess the effectiveness and efficiency of the control, risk management and governance process in Jordan to ensure compliance with Internal/Group Policies and Procedures and local regulations.

Responsibilities not restricted to:

• Manage all compliance activities ensuring alignment with local regulatory requirements and businessess in Jordan via concise, accurate and relevant compliance reporting including whistle blowing activities, breach reporting and reporting of suspicious activities, and complaints handling.

• Develop and manage a risk-based Compliance Monitoring Programme (CMP) and ensure reviews are in alignment with the best practices and implemented effectively.

• Monitor effective AML and CTF policy are in place and ensures all activities complies with FAB’s Sanctions policies and procedures.

• Manage reports from the CMP reviews and ensure timely and effective reporting highlighting regulatory weaknesses and areas of non-compliance for management together with recommendations for corrective action.

• Identify and manage compliance trainings for core and high-risk areas to ascertain that all staff are aware of their regulatory obligations with emphasis on AML to educate staff and raise their awareness of their individual obligations in relation to AML and have a working knowledge of how to identify suspicious transactions.

• Able to keep abreast of regulatory developments in Jordan and to review changes to regulation, analyse its impact for FAB and advise the Regional Manager on changes necessary to meet new or revised regulatory requirements.

Expected knowledge and skills:

• Minimum 10 years of business experience in major financial institutions with hands on experience in Bank compliance.

• The candidate must possess a professional qualification such as AML/CRCM/CCEP/CRCMP along with a Bachelors or Master’s degree

• Strong understanding of local laws and international compliance practices

Behavioral competency:

• Candidate must possess a strong interpersonal competency and communication skills.

• Ability to generate ideas, think creatively, develop innovative solutions and build effective business relationships quickly

• Communicates in an open, candid and consistent manner.

• Ability to multi-task, handle pressure and work in a dynamic environment. This role demands a can-do attitude and a willingness to go beyond the call of duty to be able to contribute to growth of this function.