Manager - Governance Reporting - Dubai, United Arab Emirates - Emirates Islamic

Description

JobPurpose

• Generate the reports from Cognos, RMWorkbench and BI.
• To develop the detailedunderstanding of KYC/CDD policy, demonstrate the sound theknowledge of operational procedures and guidelines for Corporate,Financial intuitional andsyndications.
• Assessing the risk profile ofC&IB clients from AML/Sanctions/Regulatory riskperspectives based on risks based approach and to identifyunacceptable AML/Sanctions/Regulatory risk and to proactivelymanage/escalate these situations.
• Ensure toperform the review, on requests received from corporate bankingunits, FI, syndications, as per the bank AML, Compliance policy andthose advised by the regulators and approve the high-riskclients.
• Ensure to extend the support/advisoryto business on the AML/Sanctions/regulatory policies to ensure allcorporate banking segments are aware of the bank's riskbased approaches, policy, authority structure, procedures andprocesses.
• To work with Internal Audit tomanage the overall resolution of audit related issues identifiedduring regulatory/Audit Assessments and ensure that propermitigates/resolutions is done.
• Undertakemonitoring and surveillance through a risk-based monitoringprogram. Monitor and, as necessary, coordinate the Complianceactivities of other departments to remain abreast of the status ofcompliance and to provide assurance that Compliance breaches arereadily identified, reported and acted on, and to identifytrends.
• Handling and resolving the day-to-dayCompliance (AML/CDD) related issues in the light of the bank /Compliance policy and the UAE Central bankregulations.
• Support the Implementation ofrelevant local Compliance policies and procedures to mitigate therisk of regulatory, OFAC and other sanctionsbreaches.
• To facilitate the periodic reviews,perform sanity checks on remedial populations to identifybreaches/gaps of high-risk population under theunit.
• Ensure to perform the quality checks, onremediation activities for validation purposes to ensure that highrisk account classification is as per agreed standards, gapsanalysis templates cover AML/Sanctions/regulatory aspect offulfillments and to identify the gaps in existing policy proceduresin line with AML/CFT polices and regulatoryrequirements
• To assist the management in termof regulatory oversight of breaches identified within the businessduring review of corporate clients and design the plans toregularize these breaches.
• To liaise withRM/Business head to collect data, validate data and report theregulatory KPIs as advised by advised Central Bank UAE i.e. regularassessment conducted by central bank UAE.
• Tolead/manage the account opening and maintenance related activitiesfor corporate banking units and prepare reports for managementreview interim of total turnaround time, activity reports, pendingreports and Discrepancy analysis report.
• DataGovernance Projects (Duplicate CIF, Incorrect data, Missing UBO,AML Risk Rating).
• Cash Intensive Reports -Investigate on account, obtain the business feedback
  

About YOU:

• Graduation's Degree orabove
• Good understanding of Banking, localregulations and current developments.
• Goodunderstanding of governance, risk, controls testing and relatedactivities.
• ACAMS would be an addedadvantage.
• At least 5 years of experience inbanking industry of which 3 years within onboardingteams.
• Working knowledge of Know Your Customer(KYC) policies and procedures
• Knowledgeable ofCorporate Entity, Financial institutions, Syndications Types andBeneficial Ownership.

Show less