Role details

VP - Regulatory Compliance (Contract)

Abu Dhabi   •   AED0   •  Permanent

Bullet points

  • Excellent opportunity working one of the world's wealthiest institutions
  • Looking for a specialist in regulatory compliance

About Our Client

Our client is a global institutional investor, managing an investment portfolio that is diversified across more than two dozen asset classes and sub-categories. With over 1600 employees from more than 60 nations, the institution has been prudently investing funds on behalf of the Government of Abu Dhabi since 1976. This is an excellent opportunity to work for a top tier institution that will provide the successful candidate with first class international experience.

Job Description

  1. The primary focus of the role is to monitor and undertake related reporting, where necessary, and adherence to external regulatory requirements, and / or to respond to department and external partners requests for information where these request are driven by external regulations.
  2. The role is responsible for one or more of the following:
    • Monitoring and reporting on the adherence to any regulatory requirements
    • Production of regulatory reports and disclosures
    • Advising investment and support departments on regulatory issues related to monitoring and reporting
    • Responding to KYC requests
    • Trade approvals relating primarily to equity holdings and ineligibles securities
  3. Reports directly to Senior Manager - Regulatory Compliance, though will also take direction from the Head of Compliance if necessary

  4. Regulatory Reporting
    1. Able to analyse liquid asset investments and portfolios, determine issues with respect to regulatory requirements and produce structured analysis
    2. Lead the monitoring and reporting on the firms adherence to any regulatory requirements, as they are levied on the firm by Governments, Supranational entities, financial market authorities, stock exchanges or other regulatory bodies
    3. Lead the production of respective reports and disclosures and conducting relevant research to identify and better understand new or changed reporting/disclosure requirements.
    4. Directly handling requests related to trade approvals such as equity holdings and ineligibles
    5. Lead the process of codifying knowledge on regulatory reporting in 'regulatory risk register' covering such areas as non-financial services regulatory filing requirements, significant shareholder disclosure, foreign ownership restrictions, specify restrictions applied by individual companies, by conducting in depth research and analysis using relevant primary and secondary sources and share with IDs as needed

    Regulatory Advisory

    1. Provide guidance to investment departments on the impact of regulatory reporting, limits and monitoring to their trading activities and approvals
    2. Assist in identifying potential regulatory changes and regulatory risks to current business and investment activities
    3. Support investment & support departments on regulatory implementation projects

    KYC, Sanctions and External Disclosure

    1. Lead the response and coordination of AML/KYC requests from investment departments and coordinate with other support departments and Legal Division where required
    2. Lead the development of streamlined processes, standard responses, and associated tracking tools/databases for handling all related AML/KYC requests

    Systems & Projects

    1. Comprehensive understanding of system functionality and limitations.
    2. Experience with business analysis tools and techniques (eg process flow mapping, requirements gathering).
    3. Experience drafting regulatory analyses and being able to translate and communicate these for others for implementation purposes
    4. Experience drafting and maintaining practical and informative procedures manuals.

    1. Carry out other duties as required.

The Successful Applicant

  1. The ideal candidate will combine a strong academic background and a compliance-related industry qualification (e.g., as a CISI Diploma holder, CFA, Lawyer, FRM, etc.)
  2. At least seven years of experience with a minimum of five years' experience in Compliance or other similar function e.g. in financial services, a regulator or a professional services firm
  3. It is highly likely that the successful candidate has earned their university degree in a field related to the overall Compliance arena (e.g., Law, Accounting, Finance / Banking, Business Administration, or numerical subject)

What's on Offer

Competitive salary package

Apply for this job

Click the Apply or LinkedIn button below or contact Rebecca Ross on +971 4709 0354 quoting job reference 21750
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