Summary
Abu Dhabi Islamic Bank (ADIB) is seeking a Sales Governance & Control Senior Officer for its Retail Banking sales channels in Abu Dhabi. The role monitors compliance, risk controls, sales practices, agency performance, lead management and operational processes, and investigates control weaknesses and reported issues. The officer also prepares dashboards and management reports, recommends process improvements, and coordinates corrective actions with business teams and other departments. Applicants should have a bachelor's degree and over 7 years of relevant experience in retail banking, operations, quality assurance, governance, compliance or risk, along with knowledge of UAE banking practices and regulations.
The posting
As published on adib.ae. Pulled from the employer's site and shown as they wrote it.
Role : Sales Governance & Control Senior Officer
Location : Abu Dhabi
Role Purpose:
To ensure required adherences to internal protocols, ethical standards and compliance standards to ensure right risks and controls and right practices are in place and executed by all assigned Sales channels within Retail Banking. The officer will monitor risk, assess functionality through regular monitoring, and implement controls to mitigate operational risks, identify areas of improvement, and maintain a strong culture of compliance and operational efficiency.
Key Accountabilities of the role
Risk Management, Control Testing & compliance monitoring:
1. Ensure sales channels follow controlled work streams with due compliance and standards.
2. Conduct monitoring of agencies involved in the sales activity – in terms of performance, practices and effectiveness.
3. Perform checks and validations to assess process adherence and sales practices to ensure right risk and control executions aligned to compliance standards.
4. Conduct periodic inspections and tracking of running processes and implementations to protect the overall sales environment and controls. Investigate and address any non-compliance or control weaknesses, recommending corrective actions where necessary
5. Design system frameworks of policies, and practices to result alignment to sales strategies, customer experience and regulation standards.
6. Monitoring key KRI and ensure scoring as per defined cycles.
7. Conduct risk and control assessments assigned under the defined cycles and management incident logs and related risk management system actions for the assigned sales units
Process Improvement, Communication & Reporting:
8. Identify and work with business / stakeholders to close process and regulatory gaps protecting unit and overall organization from vulnerabilities.
9. Analyze business performance and trends in areas of first pass rates, business quality across sales channels to identify areas for improvement and suggest optimization of operational workflows.
10. Monitor lead management process from a fairness perspective and other challenges like duplication, mis-handling and unauthorized access to leads. Ad-hoc investigation of customer complaints and staff misconduct.
11. Create regular dashboards, process guidelines, circulations and related documentation to benefit as reference for sales channels and build awareness. Prepare detailed reports on operational control performance, compliance status, and any significant issues to management
Support:
12. Collaborate with other departments to design and implement effective business controls across Sales channels and associated units.
13. Support Sales units where required, in complying with GIA and 2nd LOD recommendations. Follow up on issues raised and recommendations made by GIA within assigned departments & monitor CAP target dates
14. Oversight and periodic independent conduct of sweep checks within Sales offices to ensure adherences to clean desk policies and data handling
15. Execute any additional activities or assignments deployed by Management based on business needs.
Specialist Skills / Technical Knowledge Required for this role:
• Bachelor's degree required (preferably in business administration, law, finance, or related field)
• Over 7+ years’ experience in retail banking / back-end operations / QA / Governance/ Support / Compliance / Risk (expertise in using banking software and applications preferred)
• Strong communication skills & team player
• Excellent Problem Solving and attentiveness to detail
• Strong understanding of banking operations, internal controls, and regulatory requirements.
• Detail Oriented and Strong organizational skills
• MS office skills
• Good Knowledge of UAE banking practices, regulations & risks.
• Willingness to travel within the UAE.