Thursday, 13 February 2014

Abu Dhabi Commercial Bank Job; Compliance Officer – Brokerage

Job Title:    Compliance Officer – Brokerage
Job Ref:     LP452-263
Location:    Abu Dhabi, UAE
Employer:    Abu Dhabi Commercial Bank (ADCB)

About Us
ADCB was incorporated on 1 July 1985 as a public joint stock company for an unlimited duration in the Emirate of Abu Dhabi, UAE. ADCB is registered under the UAE Federal Commercial Companies Law No. (8) of 1984 under registration number 4 and operates in the UAE under a banking licence issued by the Central Bank of the UAE.
ADCB provides a range of consumer and corporate banking, Islamic banking, trade finance, structured finance, foreign exchange, derivatives, and financial advisory services, primarily in the United Arab Emirates. In addition, ADCB’s subsidiary Abu Dhabi commercial Islamic Finance PSC holds an Islamic banking license.
As at 31 December 2010, ADCB operated 47 branches, 4 pay offices and 265 ATMs in the UAE; 4 new branches and 99 new ATMs were added during 2010. ADCB also operated 2 branches in India.

Job Duties:
- To ensure that ADB is in compliance with the imposed rules and regulations, to enhance the staff awareness level and compliance culture within organization.
- Fully aware of existing rules & regulations mandated by our regulators.
- Ensure that ADB is in compliance with the current rules and regulations issued by SCA, ADX, DFM and DIFC.
- Act as a Deputy MLRO in absence of MLRO.
- Act as a point of contact with Internal and External auditors and regulators in absence of the ADB Compliance Manager.
- Monitoring daily activities within ADB and ensure it is in compliance with imposed policy and procedures by external regulators as well as the internal control.
- Assist in setting policy and procedures for all new functions conducted within ADB
- Assist to create an organizational culture that places high priority on effective Compliance & adherence to sound internal controls.
- Ensure that all staff maintains the highest level of honesty, integrity and fairness when conducting business.
- Ensure that ADB is in compliance with the current rules and regulations imposed by ESCA, ADX, DFM and NASDAQ Dubai.
- Ensure all ADB staff adheres to Compliance policy.
- Assist the line manager in setting policies and procedures covering all functions
- Ensure the trading activity is in line with the SCA and markets requirement.
- Monitor Personal trading policy is been adhered to.
- Highlight any violation to the existing Internal and External guidelines to the line manager.
- Any exceptional assignment delegated by ADB Compliance Manager.
- Identify the high risk areas and suggestions for improvement.

Job Requirements:
- Bachelor’s degree in Accounting/ Finance or equivalent.
- Minimum 1-2 Years experience in brokerage related compliance.
- A good knowledge of written and spoken English.
- Good communications skills and good Command of MS office required.
- Fully aware of prevailing rules & regulations mandated by our regulator.

Deadline Date: 28-02-2014

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