Overview
Senior Specialist – Offsite Examination Jobs in United Arab Emirates at Sundus
Title: Senior Specialist – Offsite Examination
Company: Sundus
Location: United Arab Emirates
Job ID: JPC 4740
Job title: Senior Specialist Offsite Examination
Contract duration: 12 month and renewable
Work location: Abu Dhabi
Educational: Bachelor Degree in law, commerce, economics, finance or other related studies
Experience: 5-7 years
Key Accountabilities
Analyze data from regulated entities using risk models and reference materials (such as examination manuals), identify areas of concern and review the quality, accuracy, and validity of data
Maintain up-to-date knowledge and understanding of banking and financial regulations along with relevant practices from international organizations
Perform offsite analysis based on the data submitted by financial institutions, assess the performance of regulated financial institutions, their compliance to established regulations and major risks areas
Report cases of non-compliance and recommend special examination based on misconduct findings
Monitor and follow up on the progression of approved corrective actions to client’s satisfactory completion
Recommend appropriate sanctions and disciplinary measures in addressing cases of non-adherence
Produce specialized reports whilst ensuring that the reports are comprehensive and aligned to department’s reporting standards
Perform any other duties assigned by the line manager
Experience
Experience in the interpretation and application of legislation and regulations, and or a legal background; (minimum 5 years)
Experience in a financial institution and/or working on compliance issues for a regulatory body (minimum 5 years)
Experience in carrying out audits, investigation, examinations or fact finding activities
Experience in managing conflict and / or dispute resolution
Experience in managing stakeholder relations
Experience in Banking products, operations, compliance, audit, credit and risk (minimum 5 years).
Functional/Technical Competencies
Good understanding of legal and regulatory language,familiar with laws and regulations in relation to the banking industry and its applicability.
Sound IT skills – including Word, Excel and PowerPoint.
Key Performance Indicators
Effectively identify and escalate non-compliance and misconduct matters in a timely manner.
Carries out investigations and analysis in an efficient and complete manner
Drafts quality reports.
Timely closure of findings and proper escalation in the event of Enforcement
Conduct and complete adhoc assignments by the line manager in efficient and timely manner
