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Senior Compliance Officer

Full-time

ADIB Group

Description

Role : Senior Compliance Officer
Location : Abu Dhabi

Role Purpose:

The Senior Compliance Officer supports Head of Compliance in ADIB Securities in implementing regulatory requirements and Group Compliance internal policies . The incumbent works towards enhancing the compliance environment by interpreting the regulatory framework for ADIB Securities Team.


Key Accountabilities of the role

In general Compliance Officer is responsible of making sure that ADIB Securities FCC and Regulatory compliance are in line with Group Policy SCA guidelines and all related regulations:

Primary Duties and Responsibilities:

  • Handle ADIB Securities policies & procedures review and renewal in coordination with GPPD
  • Maintain update department trackers (regulatory tracker CS tracker)
  • Obtain Markets (ADX & DFM) Trading approvals for all ADIB Securities trading accounts at the beginning of each month.
  • Handle SCA Core Requests updates and amendments
  • Prepare and submit Employees Trading & Transaction monitoring reports to SCA as per the deadline
  • Ensure the timely submission of Monthly financial reports on XBRL by relevant unit (Operations & Finance Unit) Segregation report Capital adequacy report Ageing report Dormant report.
  • Ensure the timely submission of quarterly/annual financial reports on XBRL by relevant unit (Operations & Finance Unit)
  • Perform quality checks calls accounts margin
  • Ensure the timely submission of Profit & Loss reports of all financial activities to SCA (quarterly)
  • Submit Margin Monthly report to SCA as per the deadline.
  • Upload regulatory reports on SCA CORE (monthly quarterly)
  • Handle SCA Core requests updates and amendments.
  • Coordinate with Training for yearly CPD program for staff accreditation.
  • Coordinate with FCD for company card payments.
  • Handle FCRA SCA and ADX annual AML questionnaires.
  • Handle & coordinate CMAT reviews.
  • Handle Client exit formalities and Go-AML reporting.
  • Support in Annual FATCA/CRS reporting.
  • Support in regulatory Sharia GIA reviews/inspections.
  • Handle Markets annual membership renewals.
  • Refresh and review end-of-day reports.
  • Prepare and circulate end-of-day Margin report.
  • Handle Markets annual membership renewals.
  • Supports in GRC related tasks (RCSA KRIs Issues Actions).
  • Support in maintaining updated ROR in GRC.
  • Back up team members to ensure smooth flow of BAU andregulatory related tasks and any task related to Compliance and Risk department.

Specialist Skills / Technical Knowledge Required for this role:

  1. Good knowledge of compliance functions in brokerage field.
  2. Sufficient experience in Compliance Banking & other related areas. Audit and Legal background is an added value.
  3. Strong knowledge of the UAE SCA ADX & DFM Regulations and Rules.
  4. Strong knowledge of Brokerage products policies & procedures.
  5. Excellent Communication and Presentation Skills.
  6. Ability to balance between compliance requirement business needs and potential risks.
  7. Computer Skills use of applications especially Microsoft Office.
  8. Fluent in English/Arabic is preferable.

Required Experience:

Senior IC

Vacancy posted more than 2 months ago
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