Manager, Business Regulatory Development

About the role

First Abu Dhabi Bank is looking for a Manager, Business Regulatory Development to lead the First Line of Defense accountability, governance and oversight of regulatory change requirements across its Retail, Private Banking and Wealth businesses. The role ensures regulatory requirements are understood, assessed, translated into business and technology requirements and implemented within agreed timelines, and acts as a key interface between the business, First Line Risk & Control, Compliance, Technology/IT and Transformation functions.

Key responsibilities

• Own and coordinate the First Line regulatory change management agenda across Retail, Private Banking and Wealth.
• Translate regulatory obligations into business requirements, actions, controls, ownership and implementation plans.
• Monitor new and amended UAE regulatory requirements relevant to the businesses.
• Lead First Line regulatory gap assessments and remediation plans.
• Establish and maintain a regulatory change governance framework.
• Partner with Transformation and Change the Bank teams to embed regulatory requirements in programmes and initiatives.
• Work with Technology/IT to turn regulatory requirements into technology requirements and delivery outcomes.
• Develop management information for senior management and governance committees.

Required profile

• Bachelor's degree in business administration, finance, economics, risk, law or a related discipline.
• Minimum 5 years' experience in banking or financial services, preferably Retail Banking, Private Banking or Wealth Management, including at least 2 years in regulatory change, regulatory development or implementation.
• Strong understanding of the UAE regulatory landscape for financial institutions.
• Experience in a First Line business risk and control environment and partnering with Compliance on gap assessment and remediation.

Required skills

• First Line Regulatory Accountability and Regulatory Change & Implementation
• Business Risk & Control
• Regulatory Governance & Oversight
• Strong analytical, problem-solving, stakeholder management and communication skills

A relevant regulatory, risk, compliance, project management or change-management certification is preferred.