Dubai Islamic Bank Careers 2022 – Supervisor

Job Description:

Assist in executing bank wide processes/products compliance review and ensuring that appropriate controls are designed in order to comply with the regulatory requirements.

Conduct initial review and provide feedback on all the new & existing products , activities & processes submitted by the business on Regulatory requirements & Compliance Risk concerns from regulatory obligations perspective

Job Responsibilities:

• Timely communication of the compliance review observations to the line manager and highlight the most significant issues that requires immediate attention
• Maintenance of corporate governance related policies i.e. personal trading policy, related party policy and whistle blowing policy and taking care of necessary documentation in this regard.
• Recommend appropriate changes to existing policies and procedures to mitigate Compliance risk by improving the related internal controls.
• All the above accountabilities includes but not limited to any additional/new tasks or responsibilities assigned by the line Manager
• Follow-up with the Departments / units under review to obtain business response on the observations been raised as per compliance policies.
• Maintain a proper log of all day to day activities and ensure pending items are escalated.
• Ensure all assigned tasks and projects are executed within the approved policies, procedures and SLAs of the department.
• Ensure compliance with the approved policies, procedures, SLAs and regulatory requirements to maintain quality standards and ensure risk mitigation.
• Conducting assessment of regulatory risks emanating from new regulations and review of new and existing controls to mitigate such risks.
• Conduct initial review and provide feedback on all the new & existing products , activities & processes submitted by the business on Regulatory requirements & Compliance Risk concerns from regulatory obligations perspective
• Execute work program to review the controls design on a regular basis, in line with department’s policies and procedures.
• To receive regulatory directives and assist to disseminate it the relevant DIB stakeholders while ensuring proper submission to the relevant authorities.

Job Requirements:

• Bachelor’s Degree and or Professional qualifications in Risk & Control professions, i.e., Audit, Compliance etc.
• Minimum 2-3 years of banking experience – preferably 1-2 years in compliance environment.

Job Details:

Company:  Dubai Islamic Bank

Vacancy Type:  Full Time

Job Location: Dubai, United Arab Emirates

Application Deadline: N/A

Apply Here

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