مدير المخاطر والامتثال

Key Accountabilities:

• Manage for the company the risk, control, fraud policy. Ensure regulatory communication and compliance
• Head the Risk activity of the company
  • Establishing and supervising the Risk & Compliance functions of the Company.
  • Ensuring the implementation of BRCC approved Risk Management Policy and other risk related policies and procedures.
  • Overseeing the development of Enterprise Risk Management Policy, other risk related policies and procedures and risk management initiatives at the Company.
  • Ensuring the implementation of sound management principles at the Company.
  • Elaborating the Risk strategy and Risk appetite.
  • Overseeing and reviewing the assessment of material risks to the Company with respect to both the existing product/activities as well as new product/activities.
  • Liaising with the Board and BRCC for review and approval of all risk related policies, procedures, and frameworks.
  • Reviewing and endorsing the overall risk parameters, limits, and tolerances for the approval of the BRCC.
  • Reviewing and endorsing the risk management initiatives of the Company to BRCC for its approval.
  • Reviewing risk profile of the Company and monitoring the adherence to risk appetite limits.
  • Reviewing corrective action and risk mitigation plans for risk issues and breaches in risk appetite limits.
  • Reviewing and recommending risk management reports to be presented to the Board and BRCC.
  • Ensuring control, AML and compliance activity of the company.
  • Responsible for establishing and overseeing the Company's control, risk, and compliance framework, ensuring adherence to UAE and international regulatory requirements. Evaluates the effectiveness of governance, systems, and controls, and provides strategic guidance and reporting to the CEO and Board on compliance risks, control maturity, and remediation priorities.
  • Conduct regular monitoring including thematic reviews and complaint data analysis to monitor adherence to the consumer protection regulation, the accompanying standards and the Company’s code of conduct.
  • Responsible for identifying and assessing money laundering risk, overseeing the appropriateness and effectiveness of the Company’s systems and controls for compliance (including training) with the anti-money laundering regulations and legislation applicable in the UAE. In addition, reporting suspected money laundering to the Financial Intelligence Unit of the UAE (FIU);
• Ensuring and reviewing all internal controls are properly developed and implemented.
• Experience in managing regulators
  • Liaising with regulators and supervisors on behalf of the Company for issues related to risk management.
  • Reporting to Central Bank of UAE
  • Reporting to the Board relevant information from CBUAE

Qualifications, Experience and Skills:

• Degree in Risks, Audit or Law or related field
• Minimum 12 years of experience within Risks and Compliance teams.
• Understand and experience in fintech / banking industry
• Experience in dealing with Central Bank
• Good understanding of cross-functional strategic projects, across Commercial and Technology areas.
• Previous Board level experience or demonstrated the ability to directly report to the Board.
• Knowledge of UAE Regulations and more specifically Customer Protection, SVF and RPSCS.
• Knowledge of Best Practice based on International Financial Regulations such as GDPR.
• Understanding of payments, e-money or wallet products/services, banking functions, and/or merchant processing
• Ability to understand priorities, the need for escalation or info dissemination based upon business priorities.
• Ability to communicate, in a timely manner, with the Board on regulatory updates, which may affect the business.
• Ability to promote the company culture, values and behaviors and to ensure Risks and Compliance are accepted and understood.
• Ability to lead/influence others and implement changes to reduce risks and increase Organization's compliance.
• Excellent presentation and communication skills (written & verbal);
• High level of personal drive, ethical attitude and initiative.