AVP- Compliance - Surveillance

Company Description

 FAB, the UAE's largest bank and one of the world's most secure financial institutions, is dedicated to creating value for its employees, customers, shareholders, and communities. Through innovation, agility, and differentiation, FAB is committed to fostering growth. We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting and dynamic industry

Job Description

JOB PURPOSE:

First Abu Dhabi Bank PJSC is the largest bank in the United Arab Emirates, and one of largest global financial institutions. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading Corporate and Investment Banking and Personal Banking franchises. FAB Securities LLC (FABS) is a subsidiary of First Abu Dhabi Bank PJSC and a licensed brokerage company.

The incumbent will be a core member of the Compliance Surveillance function within Group Compliance. The purpose of the role is to support the Head of Surveillance to:

• ensure that day-to-day surveillance activities are executed per agreed procedures;
• progress the enhancement of surveillance controls and process;
• help uphold fair and orderly financial markets, and fulfilling regulatory requirements; and
• act as an independent partner to the First Line of Defence to endorse a solid culture of compliance.

KEY ACCOUNTABILITIES:

Strategic Contribution

• Surveillance is a growing area within FAB so the incumbent will be expected to have entrepreneurial flare in taking surveillance to a global best practice level.
• The AVP will execute both trade and communication surveillance using tools developed by vendors such as Bloomberg and TradingHub, along with internal or manual controls where required.
• BAU will involve ensuring ongoing governance and oversight of surveillance controls ensuring they remain fit for purpose and building and maintaining robust relationships with key stakeholders ensuring robust oversight of trade and communication alerts.
• Responsible for producing management information and reports advising key stakeholders of surveillance activities.

Policies, Systems, Process and Procedures

• Procedural documentation will need to be reviewed and updated periodically and alerts and other forms of automated oversight will need to be calibrated for optimisation.

Qualifications

Minimum Qualification

• Bachelor’s degree or higher educational certificate in a related field, including but not limited to banking, finance, compliance, monitoring, auditing.

Minimum Experience

• A minimum of 5 years’ experience in a Compliance Surveillance role.
• Excellent understanding of market abuse risks and international regulations.
• Good understanding of automated surveillance tools and platforms.
• Understanding of traded products and markets an advantage.
• Excellent analytical skills and ability to support decisions with sound reasoning.
• Excellent communication skills, and the ability to present to senior stakeholders.
• Fluent in English. Proficiency in other languages may be beneficial.
• Comfortable and competent to work without direct supervision.