Associate Director, Supervision

Job Purpose

strong Job Purpose strong The primary focus of this role is to support and or contribute efforts to supervise risk across a broad range of regulated entities in line with the risk-based approach This role is responsible for supervision of Conduct of Business Risk and a broad range of regulated entities to ensure compliance with relevant regulations providing technical guidance and engagement with internal and external stakeholders

Key Responsibilities

A Manager is expected to spend the majority of their time supporting the Senior Manager and dealing with allocated work streams of regulated entities The allocated work streams will vary in terms of impact and complexity Supervision of regulated entities Support and or contribute to the monitoring of risks of regulated entities and ensure they comply with supervisory service standards processes and procedures Support and or contribute to the professional discussions with the management of regulated entities to gather and corroborate information for the assessment of risk Support and or contribute to desk-based reviews and onsite risk assessments thematic reviews analysing firm-specific financial and non-financial data through write clear and concise memoranda and reports Analyse firm-specific data along with market information to be able to identify emerging risk trends which could have a material impact on regulated entities in order to take appropriate actions and inform the line manager accordingly Draw conclusions and recommend remedial actions as a result of supervisory engagement as appropriate Follow-up on the supervisory risk mitigation plans to ensure they are implemented within the agreed timelines and to the satisfaction of the firm Validate the closure of poor compliance and weak controls Ensure Enforcement referrals are made on time and as agreed with the relevant Director Assist with developing supervisory guidelines for risk assessments Update the supervisory tools and systems and have a good knowledge of the analytical tools in order to extract ad-hoc reports Assist in the assessment of applicants for new financial services licenses where relevant

Technical Knowledge Act as a technical expert in the subject matter and provide internal training as needed Provide advice and technical guidance internally as required to facilitate timely resolution of complex problems or challenges

Qualifications, Experiences, & Skills:

Educational Background. University degree in a relevant field (e.g. Business, Finance, Accounting, Risk Management or Economics). A post graduate degree in similar fields would be considered as an advantage. Evidence of continuing professional education relevant to target position would be considered a plus.

Professional Experience Minimum of 5-7 years of solid and relevant work experience in the financial services or related industries. Knowledge, Skills & Attributes. Strong analytical and problem-solving skills. Good understanding of the responsibilities/role of the regulator and of what it means to be a risk-based regulator. Able to conduct independent research and ask probing questions. Capable of taking the initiative to manage and deliver tasks on time with limited supervision. Able to articulate and present arguments and analysis confidently, clearly and concisely. Well organized and able to manage multiple assignments concurrently. Strong communication and presentation skills. Strong stakeholder management skills, including ability to engage effectively and confidently across divisions. Be able to work flexibly, autonomously, and co-operatively in a collaborative team environment. Willingness to expand technical knowledge through accredited training. Strong time management skills embodied in a professional, diplomatic and ethical attitude. UAE National with a Family Captain.

Languages Excellent command of English, both written and verbal, with the ability to apply brevity. Fluency in other languages is a plus.

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