QNB- Vice President Domestic Compliance Strategy & Supervision

About QNB

Established in 1964 as the country’s first Qatari-owned commercial bank, QNB Group has steadily grown to become the largest bank in the Middle East and Africa (MEA) region. QNB Group’s presence through its subsidiaries and associate companies extends to more than 31 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is more than 28,000 serving up to 20 million customers operating through 1,000 locations, with an ATM network of 4,300 machines.

QNB has maintained its position as one of the highest rated regional banks from leading credit rating agencies including Standard & Poor’s (A), Moody’s (Aa3) and Fitch (A+). The Bank has also been the recipient of many awards from leading international specialised financial publications. Based on the Group’s consistent strong financial performance and its expanding international presence, QNB currently ranks as the most valuable bank brand in the Middle East and Africa, according to Brand Finance Magazine.

QNB Group has an active community support program and sponsors various social, educational and sporting events.

The incumbent will be responsible for conducting/managing the compliance function for the Group’s domestic Strategic and supervisory Activities on a pro‑active basis covering both Business and Regulatory domestic activities of all Business divisions & Subsidiaries operating in the State of Qatar. All efforts should be made to identify and assess the compliance risks associated with domestic activities of Business, Support and Operations divisions & Local Subsidiaries in light of applicable regulations of QCB, QFMA, QFCRA, QE and any other applicable statutory requirements, Group policies/procedures and industry standards and best practices.

• Shareholder & Financial:
• Identify and assess the Regulatory Compliance risk involved in the activities of Business, Support and Operations divisions & Local Subsidiaries conducted by QNB Group in the state of Qatar and provide the strategic and supervisory vision, directions and solutions to both Domestic and operations regulatory compliance departments and thereby reduce the risk of regulatory sanctions, which could result in financial losses/ penal actions and the associated damage of reputation of QNB Group
• Implements KPI’s and best practices for VP, Domestic Compliance Strategy and Supervision
• Promote cost consciousness and efficiency and enhance productivity, to minimise cost, avoid waste, and optimise benefits for the bank.
• Act within the limits of the powers delegated to the incumbent and delegate authority to the respective staff and monitor exercise of the same.
• Demonstrate clear understanding of the important factors behind the bank's financial & non-financial performance
• Customer (Internal & External):
• Assist the EVP Domestic Compliance in Setting-up the compliance strategy for the domestic activities including Business, Support and Operations.
• Assist the EVP Domestic Compliance in identifying the strategic issues and the related solutions resulting from the performance of the tasks/activities as per the Group’s annual compliance plan for the domestic activities of Business, Support and Operations divisions & Local Subsidiaries.
• Provide timely feedback and support to the EVP Domestic Compliance and to the Group Chief Compliance Officer on ad hoc matters, short or mid-terms projects to achieve the Group Compliance objectives as and when directed.
• Manage, guide and instruct all direct report staff to ensure meeting individual and departmental objectives and monitor their compliance with internal policies, rules and code of ethics and conduct.
• Maintain close contact across internal departments in order to anticipate and proactively address compliance issues as well as disseminate compliance culture.
• Provide all the necessary support to all business, Support & Operations divisions and Local subsidiaries to achieve their business objectives related to their domestic activities in line with the regulatory requirements as and when required.
• Provide…