Senior Manager - Policy

Senior Manager - Policy

The Financial Services Regulatory Authority (FSRA) is responsible for the regulation of financial services providers in Abu Dhabi Global Market (ADGM) and for the regulation of related activities. The Senior Manager – Policy assists the Director – Policy in the efficient operation of the Policy team within the Policy & Legal Division in the following areas.

• Identifying and implementing policy initiatives for the development and maintenance of the regulatory framework of the FSRA in response to industry developments and in line with international standards set by bodies including the IAIS, BCBS, IOSCO, and FATF.
• Managing a policy proposal from project initiation, planning, benchmarking, policy development, to seeking relevant approval(s) to publish.
• Managing the consultation process by collating and analysing feedback in response to published consultation or discussion papers with a view to implementing legislative changes to enact policy proposals.
• Preparing relevant Board Papers and liaising with internal ADGM bodies, including the Office of Legal Affairs, Governance and Compliance.
• Providing high-quality advisory services in order to enable other divisions of the FSRA to achieve the objectives of the FSRA and ADGM.
• Supporting wider policy and legislative initiatives for the key sectors in ADGM:
  Insurance, Asset Management, Fintech, Regtech and Suptech, Private Banking and Wealth Management, Market Infrastructure and Digital Assets, Sustainable Finance.
• Reviewing and providing feedback to legislation enacted by other local and federal regulatory and government authorities including the CBUAE, SCA and the MoF.
• Participating in any working groups and committees with other local and federal regulatory and government authorities, including international assessments of the UAE undertaken by the OECD, FATF and the IMF/World Bank.
• Provide other divisions in the FSRA with timely, high quality and consistent policy advisory services in order to enable the FSRA to achieve its objectives and those of the ADGM, including through peer reviewing materials produced by the team, the division and other areas of the FSRA and ADGM.
• Manage complex and large policy projects, including staff and external resources.
• Contribute to the legislative drafting process for both improvements to the current FSRA legislative framework and any new legislative initiatives, as well as any other associated legislation where relevant to the FSRA and the broader ADGM.
• Manage the public consultation process with respect to legislative changes proposed by the FSRA.