Compliance Manager – Sharjah Islamic Financial Services (Sharjah Islamic Bank Subsidiary)
-
Location Sharjah
-
Posted On 11 Apr, 2025
-
Type Compliance
Job Category Compliance
Job Purpose:
The Compliance manager will be responsible for the overall compliance with SCA (the Regulator) Rules & Regulations plus the Internal Group Policies and procedures.
Key Accountabilities:
- Ensuring the brokerage company Compliance to SCA (Emirates Securities and commodities Authority) and the financial markets “DFM & ADX rules and regulations in addition to the internal policies and procedures.
- Preparing the compliance manual and updating it as required for the new regulations and the new products.
- Developing and updating the Obligation Register for the company. Developing and manage a risk-based Compliance Monitoring Program (CMP) for the full year.
- Responsible for the FATCA & CRS implementation procedures, reviewing and reporting.
- Responsible for the Risk based AML applicable regulations review and reporting with direct hands on the new UAE AML CFT regulations of 2018 & 2019.
- Coordination and follow up for the regulator inspections and the adhoc requirements. Reviewing and sending the required reports for the financial brokerage firm to the designated regulator or financial market. Preparing, reporting and discussing the Quarterly compliance assurance review reports with the management and the board.
- Reviewing new system projects and approving final production versions. Staff training for the new updates in the regulatory field.
Other Qualifications:
- Minimum Qualifications: Bachelor Degree
- Minimum Experience: 5 years
- Language Skills : Arabic and English
- Computers/ Systems /Software Skills: MS Office - Good computer skills, Excel Analytical Skills.
- CISI Certificates : -UAE Rules & Regulations , Compating Financial Crime
Email address *
Sharjah Islamic Bank (SIB) started servicing the society in 1975; providing banking services to individuals and companies. An Amiri decree; released by His Highness Dr. Sheikh Sultan Bin Mohamed Al Qassimi the member of the Supreme Council & Ruler of Sharjah, was issued to launch & green-light the bank expedition. The bank was originally founded as National Bank of Sharjah and was suited the first bank to convert to Islamic Banking in 2002.
The revolutionizing from commercial banking to Islamic banking was a significant twist for the bank. Not only were specialized products & services modulated for customers, the banks entire organization was converted to be conventional to Islamic regulations. Now, SIB offers customers a broad range of Sharia'a compliant retail, corporate & investment services through the extensive UAE networks.
Thank you for applying!
An email confirmation link has been sent to your mentioned email ID, please click on the link to complete the form & activate your profile.
For an optimal experience, please