Operations Officer

Department Icon Risk Management & Compliance
93+ Applicants
Posted: 9 months ago
8-10 years
Dubai, UAE
Work from Office

Posted: 9 months ago
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Applicants: 94+
Job Description
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Job Description

Job description / Role
Employment: Full Time
Your role

Do you enjoy advising and supporting front office colleagues to ensure compliance? Are you excited to be part of strategic projects within the UBS group?

We are looking for a senior compliance and operational risk officer to:

  • Support the business in remaining compliant within the regulatory environment and managing their risk.
  • Prepare compliance input for UBS Saudi Arabia Riyadh Branch governance meetings and relevant risk and control forums.
  • Work on customer due diligence checks (KYC) on new clients as per SAMA Account Opening Rules (AOR) requirements and in accordance with firm-wide AML standards.
  • Effectively manage an open and co-operative relationship with SAMA and other local authorities, including responding to regulatory enquiries such as via Samanet, Tanfeeth, AML & CTF requests, and attend regulatory committees and meetings.
  • Keep up to date on any regulatory changes and drive remediation of any gaps with processes and policies.
  • Participate in reviewing new business initiatives and transactions to support pre-approval by C&ORC.
  • Perform compliance risk assessment, implement the compliance action plan and monitoring programs established for UBS Saudi Arabia Riyadh Branch.
  • Provide training to business to ensure compliance with regulatory requirements.
  • Help in investigating actual or potential breaches of law, regulation, policy and procedures in accordance with the Disciplinary Policy. Align with Central SMEs, discuss with team leaders and report accordingly.
  • Your team

    Youll be working in the Compliance and Operational Risk Control (C&ORC) team in UBS Saudi Arabia Riyadh Branch in the position of Associate Director or Director. We support the Global Wealth Management business by partnering with them to effectively manage regulatory risk in an environment of collaboration and constructive challenge.

    In collaboration with colleagues in other locations, youll play an important role in helping us develop risk mitigating measures, controls and adequate remediation plans are in place.

    Your expertise
  • Proven financial services compliance or risk advisory experience of at least 8 to 10 years.
  • Strong communication skills in English.
  • Any professional compliance certifications will be beneficial (e.g. ACAMs, Certified Compliance Officer).
  • Good working knowledge of the local regulatory environment (SAMA).
  • Reliable and resilient (challenging situations and conversations dont sway you).

    Looking to get Placed? Try our Placement Guarantee Plan

  • About us

    UBS is the worlds largest and the only truly global wealth manager. We operate through four business divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management and the Investment Bank. Our global reach and the breadth of our expertise set us apart from our competitors.

    We have a presence in all major financial centers in more than 50 countries.

    Join us

    At UBS, we know that its our people, with their diverse skills, experiences and backgrounds, who drive our ongoing success. Were dedicated to our craft and passionate about putting our people first, with new challenges, a supportive team, opportunities to grow and flexible working options when possible.

    Our inclusive culture brings out the best in our employees, wherever they are on their career journey. We also recognize that great work is never done alone. Thats why collaboration is at the heart of everything we do. Because together, were more than ourselves.

    Were committed to disability inclusion and if you need reasonable accommodation or adjustments throughout our recruitment process, you can always contact us.

    Job Function: Legal

    Company Industry: Banking - Corporate

    Skills

    AdvisoryAsset ManagementLegalLaw

    If an employer asks you to pay any kind of fee, please notify us immediately. Jobaaj does not charge any fee from the applicants and we do not allow other companies also to do so.

    About Company

    Abu Dhabi Islamic Bank, A Public Joint Stock Company, is a leading Islamic bank headquartered and listed in Abu Dhabi- UAE with a purpose of being a lifelong partner for customers, colleagues and community. Over the last two decades, ADIB has demonstrated a consistent track record of growth with assets now totaling USD 34 billion. The bank currently serves more than 1 million customers through a balanced proposition that combines a highly-personalized customer experience with world-class digital banking services. ADIB is a full-fledged financial service provider that offers banking solutions for individuals, corporates and affluent customers. In addition, the wider ADIB Group provides brokerage, real estate and property management, payments and insurance services. ADIB has one of the largest distribution networks in the UAE with more than 60 branches. Internationally, the bank has a presence in six strategic markets - Egypt, , the Kingdom of Saudi Arabia, the United Kingdom, Qatar, Sudan and Iraq.

    Read More

    Important dates & deadlines?

    Application Deadline

    18 Oct 25, 06:34 PM IST

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