Business Banking Advisory Emirates is presently recruiting suitably qualified and skilled candidate for the role of Senior Business Banking Advisory Manager. This vacancy was announced by the Company on January 3, 2024. Candidates desirous for this role should submit their resume to begin with the application process.

Responsibilities of Senior Business Banking Advisory Manager

• Oversight of Compliance for Business Banking segment in Emirates Islamic
• Ensure that complete, accurate , practical and timely advice, interpretation and guidance is provided to EI Business Banking Team and other internal stakeholders in relation to relevant regulatory rules, regulations and standards
• Ensure new and existing Business Compliance policies and procedures meet consistency and a standard of excellence across EI Business Banking Team in relation to the customer lifecycle
• Provide AML advisory services to the business and support functions and on client product and services and transactions.
• Stay abreast of related laws, rules, regulations and best practices pertaining to AML.
• Monitoring timely execution of the client periodic review (High Risk Annual Review (HRAR)) activity and liaise with various units for completion within the TAT to meet the regulatory obligation set by the Group.
• Develop written Business Compliance policies and procedures , updates and ensure effective training and communication to the Business unit and relevant functional units.
• Act as the point of contact and compliance partner with all relevant business and function units to provide business compliance advisory, covering regulations and policies

What You’ll Do More?

• Attend to periodic calls with the functional heads & Governance & Compliance Teams on various issues related to financial crime, Regulatory, Audit, Assurance and other updates that are under coverage.
• Coordinate with Regulatory Compliance and FCC functions to provide recommendations on compliance risks
• Prepare AML advice for internal and external group stakeholders on customers, products and services and transactions
• Connect requestors to Compliance & Governance colleagues to obtain approvals (whenever required), track and maintain records of decisions for the Business Unit.
• Notify the senior management and Governance forums on all incidents of non-compliance with regulation and legislation, in a timely manner.
• Any other special task/project assignment assigned by the Senior Manager Advisory/HOBB
• Provide, and advise the BB team on latest market trends and developments in Compliance and Governance areas. Propose appropriate changes in business policies and strategies to facilitate achieving business volume / revenues from Liabilities portfolio.
• Meet internal department heads to discuss operational matters to improve service delivery.
• Ensure compliance and completion of regulatory initiatives/remediation projects.
• Lead, manage, and motivate Advisory team to ensure desired levels of productivity and competency.

Requirements of Senior Business Banking Advisory Manager

The requirements of Senior Business Banking Advisory Manager are as under:

• Relevant education with minimum of Bachelor’s Degree.
• 5 years of Relevant experience in similar job.

Skills Desired