Standard Chartered Bank announced, through its Linkedin account, a bank job in uae (Associate, CFCC Governance UAE & DIFC (UAE Nationals Only)) according to the following:
Develop, keep up to date and recommend for approval by the relevant Risk Committee, appropriate policies/processes / DOls to address CFCC, aligning with relevant regulatory requirements.
Work with Directors(s) and Head, CFCC Governance UAE/DIFC/ADGM to manage and develop the relationship with the regulators in accordance with the Regulatory Relationship Plan.
Ensure the Bank is properly prepared for regulatory inspections and coordinating responses with the business.
Build trust through meeting regulatory commitments and having regular briefings/ engagement with regulators.
Providing governance and oversight over the implementation of CFCC related policies and procedures in Country to ensure compliance with such policies and procedures.
Provide advice to relevant business & functions stakeholders on compliance with Group standards & regulatory matters relating to CFCC.
Proactively monitor regulatory developments to manage the regulatory impact of complex regulatory matters on the Bank's business and its operations
Provide guidance on the proper application and interpretation of banking laws, regulations and policies applicable in Country.
Set control standards and provide advice on the development of appropriate controls for the mitigation of regulatory risks.
In the event of serious regulatory breaches, or where risk tolerances have been breached, assist in critical workstreams in order to ensure senior management and relevant regulators are informed and that actions are taken quickly to remediate and/or activities are ceased.
Track significant issues arising from CFCC metrics, Assurance activities, Audit reviews and regulatory inspections, providing validation of issue closure where necessary.
Prepare and cascade lessons learned from audit findings, assurance activities and specific investigations.
Support all control checks undertaken by CFCC under the Operational Risk Framework (ORF).
Implement quality assurance standards and workflows for the CFCC processes.
Co-ordinate/support the management of audits/exams.
Details and apply for this Standard Chartered Bank follows:
