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First Abu Dhabi Bank (FAB) · 3 months ago

VP - Senior Compliance Officer

USA, Washington

Full-time

Onsite

Mid, Senior Level

7+ years exp

First Abu Dhabi Bank (FAB) is seeking a VP Senior Compliance Officer to oversee the development and implementation of the Branch's Compliance Program, focusing on Financial Crime and Sanctions. The role involves managing compliance frameworks, supporting corporate governance, and ensuring adherence to regulatory requirements.

BankingFinanceFinancial ServicesLending

Responsibilities

Assist in the coordination of the development, implementation, and administration of the Branch’s Compliance Program, including the Financial Crime and Sanctions framework

Oversee all aspects of Financial Crime, Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT), Anti-Bribery and Corruption (ABC), and Sanctions compliance

Manage the comprehensive financial crime compliance framework and assist in Corporate Governance related activities

Contribute to the formulation, implementation and delivery of the Compliance strategy in line with the vision, mission, values and priorities

Develop, maintain, execute and continuously improve the Branch’s Compliance management framework

Assist the Head of Compliance in managing the effective achievement of functional objectives

Act as a role model and drive adherence to organizational values and ethics by employees of the Branch

Responsible for the maintenance and effective implementation of Compliance policies, procedures and controls

Assist in managing all aspects of the corporate-wide Financial Crime, Anti-Money Laundering (AML) and Sanctions programs

Prepare responses to regulatory financial crime examinations, audits, and actions taken and ensure deficiencies are corrected

Provide oversight over a risk-based Financial Crime / Sanctions monitoring program

Support the MLRO in the preparation and submission of Suspicious Activity Reports as per local requirements

Identify and coordinate Financial Crime program-related training and conduct staff training as necessary

Keep abreast of regulatory developments in the U.S. and review changes to regulations, analyze impact on Branch and advise the Head of Compliance and management as necessary

Coordinate, compile and ensure timely responses to all AML, CFT, ABC and Sanctions Compliance Regulatory Exams, Reporting, Surveys, Data Requests, and Ad-hoc requirements

Coordinate, manage and execute all activities related to the Compliance systems integration with HO and local IT, project team and local management as and when required

Ensure that AML, CFT, ABC, Sanctions Compliance systems are working as intended by coordinating with US Information Technology (“IT”) and Head Office

Responsible for the preparation of all functional reports to be prepared timely and accurately and meet location & Group requirements, policies and quality standards

Support the Branch in the Corporate Governance related activity

Support Head of Compliance USA on any other tasks that may be assigned

Deputize the Head of Compliance as and when necessary

Extend support in other 2nd line Compliance areas when required

Qualification

Compliance CertificationUS Regulations KnowledgeFinancial Crime ComplianceAnalytical SkillsInterpersonal SkillsCommunication SkillsFacilitation SkillsCreative ThinkingIntegrity

Required

Bachelor's Degree or higher in Business Administration, Banking or Finance

Strong analytical, interpersonal, communication and facilitation skills

Proactive, with the ability to generate ideas, think creatively and develop innovative solutions

Discrete and has sense for integrity and handles highly sensitive information with absolute confidentiality

At least 7 years of banking or related finance experience

Demonstrated proficient knowledge of US regulations, including but not limited to, the Bank Secrecy Act (BSA), USA Patriot Act, and OFAC Sanctions programs

Preferred

Certification in compliance, such as CAMS, is highly preferred

Company

First Abu Dhabi Bank (FAB)

FAB, the UAE’s largest bank and one of the world’s largest financial institutions offers a an extensive range of tailor-made solutions, and products and services, to provide a customised banking experience.

Founded in 1979

Dubai, Dubai, ARE

1001-5000 employees