Manager - Governance Reporting

Job Purpose

• Generate the reports from Cognos, RM Workbench and BI.
• To develop the detailed understanding of KYC/CDD policy, demonstrate the sound the knowledge of operational procedures and guidelines for Corporate, Financial intuitional and syndications.
• Assessing the risk profile of C&IB clients from AML/Sanctions/Regulatory risk perspectives based on risks based approach and to identify unacceptable AML/Sanctions/Regulatory risk and to proactively manage/escalate these situations.
• Ensure to perform the review, on requests received from corporate banking units, FI, syndications, as per the bank AML, Compliance policy and those advised by the regulators and approve the high-risk clients.
• Ensure to extend the support/advisory to business on the AML/Sanctions/regulatory policies to ensure all corporate banking segments are aware of the bank’s risk based approaches, policy, authority structure, procedures and processes.
• To work with Internal Audit to manage the overall resolution of audit related issues identified during regulatory/Audit Assessments and ensure that proper mitigates/resolutions is done.
• Undertake monitoring and surveillance through a risk-based monitoring program. Monitor and, as necessary, coordinate the Compliance activities of other departments to remain abreast of the status of compliance and to provide assurance that Compliance breaches are readily identified, reported and acted on, and to identify trends.
• Handling and resolving the day-to-day Compliance (AML/CDD) related issues in the light of the bank / Compliance policy and the UAE Central bank regulations.
• Support the Implementation of relevant local Compliance policies and procedures to mitigate the risk of regulatory, OFAC and other sanctions breaches.
• To facilitate the periodic reviews, perform sanity checks on remedial populations to identify breaches/gaps of high-risk population under the unit.
• Ensure to perform the quality checks, on remediation activities for validation purposes to ensure that high risk account classification is as per agreed standards, gaps analysis templates cover AML/Sanctions/regulatory aspect of fulfillments and to identify the gaps in existing policy procedures in line with AML/CFT polices and regulatory requirements
• To assist the management in term of regulatory oversight of breaches identified within the business during review of corporate clients and design the plans to regularize these breaches.
• To liaise with RM/Business head to collect data, validate data and report the regulatory KPIs as advised by advised Central Bank UAE i.e. regular assessment conducted by central bank UAE.
• To lead/manage the account opening and maintenance related activities for corporate banking units and prepare reports for management review interim of total turnaround time, activity reports, pending reports and Discrepancy analysis report.
• Data Governance 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 or above
• Good understanding of Banking, local regulations and current developments.
• Good understanding of governance, risk, controls testing and related activities.
• ACAMS would be an added advantage.
• At least 5 years of experience in banking industry of which 3 years within onboarding teams.
• Working knowledge of Know Your Customer (KYC) policies and procedures
• Knowledgeable of Corporate Entity, Financial institutions, Syndications Types and Beneficial Ownership.

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