Accountabilities and Key Roles:
- Leading the global CIB LOB regulatory compliance team in coordinating the day-to-day activities related to the Corporate Institutional Banking line of business across the group.
- Conducting from checker perspectives KYC review and proper enhanced due diligence for Corporate Institutional Banking customers escalated to the head office for on-boarding and periodical reviews.
- Ensuring that new corporate banking products, services and channels were reviewed / assessed from compliance and financial crimes perspectives prior to their launch and providing advice to Corporate Institutional Banking business units on their implementation in a manner that complies with the bank AML/CTF procedures and local applicable laws and regulation all over Arab Bank Group.
- Participating in re-visiting/re-engineering the processes of Arab Bank group Policies & Procedures in order to be aligned with digital innovations and strategic Corporate Institutional Banking projects to ensure that all regulatory requirements were fully reflected, and clearly define the controls and monitoring functions that should be handled by First Line / Second Line of Defense in mitigating compliance risks.
- Supporting the team in the execution of their review, testing and monitoring to ensure the efficiency and effectiveness of a robust Level One Compliance Monitoring Program within the Corporate Institutional Banking business units and internal control department.
- Assist to Improve measures and metrics used to analyze the degree of financial crimes key risk Indicators (KRIs) and combating financial crimes key performance Indicators (KPIs) involved in the different areas of CIB LOB activities across Arab Bank Group, to provide a deeper insight into the main financial crime threats to the business, with a greater understanding of these dynamics that will utilize more accurate methods to assess and minimize potential financial crime risks, and to define tolerance threshold and limits that trigger a corrective action.
- Liaise with Arab Bank Group country compliance teams on regulatory compliance matters and respond to their inquiries.
- Perform other related duties or assignments, as directed by the head of LOB Regulatory Compliance team.
Job Requirements:
Education:
- Bachelor degree from a recognized university , advance / graduate degree / professional certificates are definite plus
Experience:
- 7-10 years of experience in a reputable financial institution in the area of regulatory compliance or internal audit or risk management or Corporate Institutional Banking or trade finance
Competencies:
- Good understanding of compliance regulations including AML program management.
- Good understanding of line of business products and services
- Excellent communications skills
- Fluent in English
- Team player
- Positive with professional approach
- Flexible to adjust to changing priorities and deadlines
What We Offer at Arab Bank
At Arab Bank, we offer a purpose-driven and inclusive environment where innovation, continuous learning, and employee wellbeing are at the core. We are proud to welcome individuals of all generations, genders, and backgrounds, valuing the diverse perspectives that strengthen our culture and contribute to our success.
