About the Job:
Individuals in Risk Assessment & Control design are responsible for developing, designing, and implementing control programs, providing review and guidance on robust controls design in adherence to the company's Policies, Standards, and Frameworks. The role involves proactively identifying and driving controls enhancements, including automation and standardization, alongside transformation execution activities. Key responsibilities include:
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Oversight over Branch Services:
- Develop, implement, and maintain a comprehensive framework for oversight of all Branch Services.
- Review and approve Branch processes to ensure adequacy of control design.
- Provide guidance on gapping analysis and impact assessment for Regulatory Change Management.
- Monitor branch activities to ensure adherence to internal policies and regulatory requirements.
- Conduct periodic reviews and risk assessments to identify potential risks.
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In Business Privacy Officer:
- Develop and maintain a framework in line with the company's Privacy and Confidentiality Standards.
- Review and approve Privacy Impact Assessments.
- Serve as the primary contact for privacy-related inquiries within the wealth business.
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Sales Practices Review Program Lead:
- Design and enhance the sales practices review program, ensuring compliance with evolving regulations.
- Conduct targeted reviews of sales activities, documenting instances of non-compliance.
- Prepare detailed reports for senior management and other stakeholders.
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Oversight over AML/KYC/Sanctions Execution:
- Ensure consistent application of global AML, KYC, and Sanctions policies across the organization.
- Lead initiatives to improve onboarding and ongoing review processes.
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Oversight over Customer Data, Digital Tools Monitoring, and Controls Automation:
- Collaborate with data owners and technology teams to maintain robust controls over data assets.
- Optimize digital monitoring capabilities to improve efficiency and insights into control performance.
Qualifications and Competencies:
- 8-10 years of experience in operational risk management, compliance, or audit in the financial services industry.
- Strong knowledge of compliance laws and best practices, and an understanding of the company's policies.
- Strong analytical, problem-solving, and communication skills.
- Proficiency in Microsoft Office suite.
- Education: Bachelor's/University degree or equivalent experience.
Work Conditions:
On-site, Full-time
Language Requirements:
UAE Nationals Only
The company is an equal opportunity employer, providing consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
