Manager SCA Oversight Jobs In Dubai | Commercial Bank of Dubai

Manager SCA Oversight Jobs In Dubai | Commercial Bank of Dubai For More Top Organization Jobs Click Here Description:
The purpose of the job is to carry end-to-end responsibility to ensure adequate compliance with all the applicable laws, regulations, standards, and rules issued by SCA (Securities and Commodities Authority). Responsibility extends to advisory services and overseeing support to business, control, and enablement functions across CBD to ensure long-term business sustainability Responsibilities:
Develop and maintain a standard operating procedure for managing regulatory notices and inquiries to ensure that all regulatory changes are addressed and communicated to all relevant stakeholders and implemented in a timely manner Ensure all relevant regulatory returns are accurate, submitted within the required timelines and in conformance with appropriate regulations and guidelines Interpret and evaluate proposed and new regulations. Advise on impact of such regulations on the business to facilitate implementation. Provide subject matter expertise solutions for complex regulatory issues and initiatives Advise and proactively provide regulatory compliance support to relevant stakeholders on business matters Develop and maintain compelling relationship with relevant regulatory authorities (SCA) to ensure CBD’s reputation and credibility
Requirements:
Bachelor’s Degree as a minimum from a recognized university Well versed with local regulations issued by SCA, banking systems, concepts, and banking best practices. At least 10 years of experience in the banking/financial services sector (and five in a Regulatory Compliance role) Develop regulatory policies and procedures and ensure they remain up to date and in line with regulatory requirements. Review bank wide policies and procedures and provide feedback from regulatory compliance perspective
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