Senior Manager - Supervision
- أبو ظبي
- دائم
- دوام كامل
- Implement the short term and long term Key Performance Indicators for the Supervision section.
- Assist in developing, enhancing and implementing the framework, policies, rules and procedures for governing and supervising financial institutions.
- Assist in executing strategic direction in relation to the supervised entities.
- Responsible for supervising financial institutions' compliance with relevant rules and regulations and developing a risk-based supervisory plan, using all relevant information and the FSRA Risk/Impact Assessment methodology.
- Make appropriate use of supervisory tools such as reviews, third parties reviews, information requests etc.
- Complete the risk assessment of firms' various risk areas, the drafting and execution of the supervisory work plan.
- Conduct periodic implementation controls/progress reports in areas where deficiencies have been identified.
- Planning and executing of supervisory reviews/inspection, drafting and communication of recommendations and remediations, in liaison with the Director.
- Conduct ongoing analysis of the financial institutions' prudential condition and their conduct of business as well as financial crime prevention activities.
- Build and manage relationships with senior stakeholders among market participants and other relevant ADGM staff.
- Responsible for taking prompt action against deficiencies and non-compliances identified.
- Deliver additional tasks that may be delegated from the Director (e.g. ad-hoc projects, spot reviews, investigation, etc…).
- Adherence to all internal policies, procedures, standards and behaviours.
- Assist in implementing policies, rules and processes, including appropriate documentation for all assigned institutions.
- Deliver additional tasks that may be delegated from the Senior Executive Director - Supervision.
- Liaise with other internal stakeholders such as Authorisation, Enforcement and/or other ADGM teams, as needed.
- Participate and deliver on projects that may be allocated thereto.
- Act as a point of supervisory expertise and reference to the rest of the team across certain sectors.
- Receiving, assessing and completing the processing of the various applications submitted by the financial institutions' including the variation of license, withdrawal of license, change in ownerships, and etc.
- Creates an environment where team members consistently drive to improve performance.
- Where applicable, manages team with full accountability for achieving overall agreed objectives.
- Manages by effectively empowering, supporting and guiding the team members where needed.
- Takes responsibility for development of staff working with them / reporting to them as may be applicable.
- Reviews performance of team and addresses performance issues quickly through clear decisions as may be applicable.
- Bachelor's / Master's Degree in Finance, Accounting, or Law.
- Qualifications like CFA, ACCA, CPA or CMA are preferable.
- Min 10-12 years of experience in financial regulatory supervision and /or Industry experience in Financial Services compliance / / internal audit..
- Experience in conducting inspections reviews and/or audits of Financial Services firms.
- Considerable knowledge of conduct of business and asset / fund management regulations and international market practices.
- Strong knowledge of AML / CFT and TFS regulation and the Federal requirements.
- Knowledge and experience of assessing authorisation/variations applications
- Considerable knowledge and understanding of the financial reports analysis and key risks in this area.
- Experience of the assessment of risks and the mitigation and controls environment.
- Ability to see the wider picture to identify key trends and future regulatory requirements
- Expertise in the implementation of regulatory policies.
- Well-developed communications skills both in writing and orally.
- Strong internal and external stakeholder management skills
- Good influencing and negotiation skills.
- Demonstrate strong teamwork, working collaboratively with a team of diverse professionals.
- Demonstrate planning, organisation and analytical skills
- Demonstrate a strong sense of responsibility and impeccable integrity.
- Fluent in business English and strong report writing skills.
- Knowledgeable in Asset, Wealth, Fund Management, and/or Custodian business.
- Knowledge of international finance and corporate laws and regulations.
- Proficient in Arabic or other language(s) and understanding of the Arabic culture.