AVP Compliance - Monitoring and Surveillance - Private Banking

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Michael Page
Dubai, United Arab Emirates
AED 30,000
Employment Type:
Full time
Compliance/Legal, Private Banking & Wealth Management
Sub Sector:
Compliance Regulatory, Client Relations, Client Relations
Position Type:
Job Reference:
Date Added:

Job Description

Job Description:

Assisting in the development of a documented annual compliance monitoring programme which covers local regulations,  Tax Compliance, KYC/AML and other relevant areas

  • Execution of the programme, checking compliance with regulatory requirements, internal policies, and standards, i.e. the identification, assessment and documentation of compliance risks.
  • Identify compliance risks, suggest and perform reviews.
  • Support the head of compliance in compliance monitoring and surveillance processes.
  • Ensuring all compliance is up to date and providing relevant inputs to compliance reports, scorecards and records for audit and regulatory purposes.
  • Evaluate results, draft recommendations, present findings, report writing, and track the implementation of the corresponding action plans.
  • Acting as a compliance contact and performing compliance advisory activities regularly; assisting in the preparation of the Annual Compliance Risk Assessment for the region, identifying risk issues and proposing mitigation plans.

Key Requirements:

  • A minimum of 5 years of compliance experience in compliance monitoring, surveillance and testing in private banking/wealth management division in an international bank.
  • Knowledge of local ME&A regulations.
  • Knowledge and experience in identifying and completing reviews.
  • Excellent presentation and report writing skills with the ability to communicate findings from monitoring undertaken in a way that is clear and concise and tailored to the relevant audience

What's on offer:

  • Great exposure to Private Banking Compliance in one of Dubai's leading Multinational Bank.
  • Competitive Salary package and networking across GCC countries.