Senior Manager – Compliance; Wealth Management​/SCA​/DFM​/ADX

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Senior Manager – Compliance (Wealth Management/SCA/DFM/ADX)

Posted On 23 Oct, 2025

Type Group Compliance

Job Category Group Compliance

Job Purpose:

The Senior Compliance Manager for Retail Banking and Wealth Management is tasked with providing comprehensive compliance support to the Retail Banking - Wealth Management (RB-WM) business. This position entails delivering regulatory compliance guidance and collaborating with both the RB-WM team and relevant departments involved in retail banking operations. Reporting directly to the Head of Regulatory Compliance, the RB-WM Compliance Manager plays an essential role in ensuring that all initiatives, activities, and products within the RB-WM businesscomplywithapplicable regulations, internal policies, and the organization’sCompliance Risk Appetite.

The incumbent serves as a Subject Matter Expert in Wealth Management, Conduct, and Consumer Protection matters, while also fostering a strong culture of compliance within the business and First Line of Defense by actively engaging in business forums andmaintainingclose communication with Group Compliance.

Key Accountabilities:

• Regulatory and Business Conduct:
  Assume personal responsibility for upholding the highest standards of ethics, including regulatory and business conduct.
• Regulatory Advisory:
  Provide advisory support on SCA regulations and other regulations relevant toRB-WM business, such as regulations issued by the Central Bank of the UAE (CBUAE). Act as the principal contact for regulatory guidance forRB-WM business. Understand and convey regulatory changes and their impact on the bank's operations, ensuring that
  
  RB-WM business stays informed and compliant.
• Surveillance:
  Conduct periodic review of the business-related activities,identifying and highlighting potential regulatory compliance gaps and risks to be addressed, including any conflicts of interest.
• Policies,Products and Initiatives:
  Review new investment products from a Compliance perspective, including funds and structured products. Review new investment agreements and opportunities. Act as a point of contact from GCD for theRB-WM product review process by assessing regulatory requirements and the impact of proposed new products and services to ensure that product launch is smooth and successful.
• Support in applying compliance related policies across
  
  RB-WM business units and update in response to regulatory changes.
• Regulatory Engagements:
  Interact with the Securities and Commodities Authority (SCA) on a day-to-day basis, resolve any licensing requirements with the regulator. Assist
  
  RB-WM business during examinations from regulatory authorities (i.e., CBUAE and SCA), in obtaining approvals / no-objections from regulatory authorities and act as a point of contact in the Bank’s interactions with CBUAE and SCA forRB-WM businesses.
• Remediation Guidance:
  Advise
  
  RB-WM business units in formulating their remediation action plan for regulatory, RCSA, internal/external audit issues related to compliance.
• Compliance Incident Management:
  Provide support in the response to compliance incidents, including investigations, remediation, and reporting. Ensure that lessons learned are integrated into future compliance strategies.
• Training and Awareness:
  To be part of the team providing the ongoing training and development of people and support delivery training programs tailored to the needs of different
  
  RB-WM business units for conduct and regulatory compliance perspective.
• Reporting:
  Support development and implementation of a comprehensive reporting mechanism forRB-WM business for specific compliance matters
• Coordinate with Financial Crime Compliance teamon compliance mattersrelatedto the SCA licenses activities.
• Escalations:
  Ensure that the Head of Regulatory
  
  Compliance is well informed of critical business units advisories, initiatives, escalations, and issues.
• Shari’ah Compliance:
  
  Maintaininga constructive and effective relationship with the Internal Shari’ah Control Department, as and when required.
• Other:
  Any other special task/assignment assigned

Education,experience and qualifications:

• Minimum of 8 years of experience in…