Job Purpose
Assist in planning and executing bank wide processes/products compliance review and ensuring that appropriate controls are designed in order to comply with the regulatory requirements.
Key Responsibilities
Manage the process of Assessment, Review & Advisory on all new & existing products, activities & processes submitted by the business on Regulatory requirements & Compliance Risk concerns from regulatory obligations perspective.
Obtain guidance from Head of Regulatory Compliance for implementation of the Compliance Program.
Participate in establishing and monitoring accomplishment of objectives directed toward increasing the compliance unit ability to serve management.
Supervising the assessments of regulatory risk emanating from new regulations and review of existing controls to mitigate such risks.
Plan & Manage work program to review the controls design on a regular basis.
Timely communication of the compliance review observations to the Head of Regulatory Compliance and highlight the most significant issues that requires immediate attention.
Ensure timely follow-ups with Dept. / units under review to receipt of replies on observations been raised by review team.
Communicating with the regulator to obtain regulatory clarifications, product/services and fee approvals.
Manage receiving of regulatory directives and dissemination to relevant DIB stakeholders including maintenance and update of the obligations register.
Review and maintenance of corporate governance related policies i.e. personal trading policy, related party policy and whistle blowing policy. Recommending changes in the policies to the Head of Regulatory Compliance in the light of new regulations.
Assist Head of Regulatory Compliance in effective management of Regulatory Compliance staff.
Ensure compliance with the approved policies, procedures, SLAs and regulatory requirements to maintain quality standards and ensure risk mitigation.
Ensure all assigned tasks and projects are executed within the approved policies, procedures and SLAs of the department.
•Meet achievement of set sales targets on a monthly basis. •Promote outdoor sales by visiting new market opportunities. •Proactively call and visit fresh and existing companies and customers and promptly respond to calls from them in order to negotiate and finalize business deals within the targeted turnaround time. •Analyze documents submitted by the customers for submission to appropriate approval authorities based on bank policy Sharia. •Obtain the signature of the customers on opening the accounts / Payroll enlistment forms. •Ensure portfolio quality by exercising sound credit judgment and by complying with product parameters to complete all formalities and documentation in line with policy and sharia. •Obtain and provide market, customer and competitor information and feedback to management. •Ensure that all the sales activities and documentations are in compliance to DIB SOP manuals, regulatory and audit requirements and sharia principles. •Ensure high level of portfolio quality is maintained across the sales activities. •Attend various training and learning programs to close the skill gaps and to ensure proper awareness about the products
•Describe undefined and difficulties parts related to the operating manual and ensure that branch staff are fully aware of operational measures.
•Conduct surprised visits to branches to evaluate process and insure the major operational process are followed by each position, evaluate the risks behind each activity, the way to minimize it and measure the services provided to our customer to define the deviations and share the same with the management to rectify the same if any.
•Conduct investigation over suspicious cases / fraud case and report the cases to line manager.
•Assist branches service providers' consultants, external auditors and/or other parties in matters related to consumer banking departments.
•Provide comprehensive and integrated treatment /solutions to the branches for their daily inquires to assure better impact on the customer service provided to customers through one point of contact
•Report each surprised visit findings with constructive feedback for the better improvement of the control and service level at the branch.
•To prepare / update surprised Check list utilized by the Controllers to evaluate staff awareness of policy & procedures concerning their functional areas.
•Provide recommendations for any needed changes that will improve operational process and service level at the consumer banking departments.
•Monthly follow up with branches for ORSM cases, reconciliation for Cash Short/Surplus account / Locker’s insurances)
•Monthly branches Cash in Hand reconciliations in coordination with branches and finance department
•Checking the Suspicious Transactions reported in coordination with RMG
•Review the reports of cheuqe book override issued to customer whose have 4 or more return Cheques for reason insufficient balance within a period of one year to ensure that the Cheques have been approved according to approved policy BM
•Follow up with the branches pending transaction on the GL reported by reconciliation team
•Support sales through new and existing relationships with Government Housing Programs across all Emirates to achieve targets as per the Approved KPIs for the team
•Identify key areas for business growth by providing regular updates in collaboration with Government Housing Programs to achieve monthly sales Target
•Develop efficient and collaborative processes to provide best-in-class internal channels based on existing partners’ requirements
•Provide inter department information and support on related Government Housing Programs to assist seamless processing of Home Finance applications
•Create Cross-sell related initiatives with Government Housing Programs including investment advisory services, project financing solutions to support Business growth
•Maintain excellent partners satisfaction through consistent approach for service and product, including a quarterly business review schedule to support Home Finance Business.
•Coordinate on marketing initiatives for Home Finance promotional activities with Government Housing Programs
•Ensure compliance with the approved policies, procedures, SLAs and regulatory requirements to maintain quality standards and ensure risk mitigation.
•Ensure all assigned tasks and projects are executed within the approved policies, procedures and SLAs of the department.
Job Purpose:
To coordinate specific projects under the portfolio of strategic projects assigned to the Transformation – Project Management Office by working both internally within different areas of the organization and externally when consultants or third parties are involved.
Key Responsibilities:
- Ability to manage small size programs end to end.
- Transformation PMO enablement:
- Coordinate activities within the Transformation – PMO for it function effectively within the organization. Such work will include organizing meetings, keeping minutes, records etc.
- Maintain adequate relationships within the organization to enable Transformation-PMO access to stakeholder time.
- Project Coordination and oversight
- To monitor project plans and deadlines for allocated projects and/or parts of projects.
- Effective with hybrid work model including WFH.
- Adequate Project Stakeholder Coordination to enable and effectively perform delegated project duties
- Communication
- Communicate clearly Team mates and with project stakeholders
- Change Management
- Work with Transformation–PMO on change management activities including training and where necessary organize access to facilities, time and stakeholders.
Job Purpose
Perform the validation, calibration and implementation of a suite of credit risk rating methodologies, models compliant with regulatory requirements that are compliant with both internal and external regulations.
Key Responsibilities
IFRS 9 model monitoring, validation and ensure that all models are validated and refined/ re-developed as per the governance framework
Perform analysis on the analytical models used in stress testing and ICAAP to ensure the models are fit for purpose or not.
Develop and maintain a model inventory and ensure the inventory is complete, accurate, and consistent with the model governance framework.
Liaise with model owners and users to provide quantitative solutions in timely manner.
Coordinate with other quantitative analysts within the Bank to ensure that rating models and solutions are consistent and in-line with the Bank practices
Ensure accuracy and completeness of archived information and related documentation to allow independent third party review of the validation work performed.
Perform data due diligence and data preparation required for the IFRS 9, Basel, Stress Testing, in line with the department’s standards.
Ensure compliance with the approved policies, procedures, SLAs and regulatory requirements to maintain quality standards and ensure risk mitigation.
Ensure all assigned tasks and projects are executed within the approved policies, procedures and SLAs of the department.
Job Purpose: Information Technology Audit, Assistant Manager, will support the Internal Audit team of Bank by executing risk-based IT audits to evaluate the effectiveness of IT controls, risk management, and governance processes.
Expertise Required:
• In-depth knowledge of banking applications, e.g. T24 core banking, AML systems, Swift payment systems, UAE Direct Debit System (UAEDDS), Image Cheque Clearing System (ICCS) and UAE Payment Gateway System (UAEPGS).
• Familiarity with IT Infrastructure, such as network, databases (e.g., Oracle, SQL Server), operating systems (e.g., Windows, Linux), cloud security (e.g., AWS, Azure), and data privacy regulations (e.g., GDPR, PCI-DSS).
• Solid auditing skills, including risk assessment, control evaluation, and testing using tools.
• Reporting skills for creating audit documentation and presenting to stakeholders.
• Analytical and problem-solving skills for identifying root causes and developing effective solutions.
• Strong communication and interpersonal abilities for collaborating with teams and influencing change.
• Adaptability to evolving regulations, technologies, and banking trends.
Handle customer retention cases in efficient & quality manner in line with the departmental framework.
- Meet assigned target efficiently as per the approved KPI's.
- Contact customers over the phone to understand customer's perspective/needs and recommend appropriate retention solution.
- Ensure meeting call quality standards according to the department's framework, while contacting any customer for retention purposes.
- Ensure compliance with the department's policies, procedures and SLA.
- Ensure providing the necessary services and product awareness to the customers within the approved TAT with no complaints.
- Provide necessary MIS/Reports as and when required.
- Liaise with internal stakeholders to enhance customer retention rates.
- Evaluate / Handle / Address / approve various types of after sale cases to apply the waiver authority limits mentioned and approved in retention strategy as applicable.
- Handle Retention activity, after sales service request and rescheduling assigned to action.
To source business for Personal Finance from the potential customers from the preferred segment for the bank in order to achieve business targets.
Key Result Areas:
- To sell Personal Finance to the specified target segment and achieve or exceed monthly Target.
- To ensures that all the necessary bank charges /terms and conditions are clearly communicated to all customers.
- Identify potential customers through databases; follow up leads and telephone/personnel contacts and cold calls.
- To contact potential customers and convince them about the benefits of the banks specified product.
- To source applications from the segments as per targets set for the period, complete with all necessary documents.
- To adhere to the administrative requirements of Check list, Daily sales reports on daily basis.
- To maintain effective business relationship with clients to enhance the customers service image of the bank.
- To ensure all the documents provided by the customers are duly checked and forwarded for further action/process.
- To ensure portfolio quality by exercising sound credit judgment and by complying with credit and product parameters to complete all formalities and documentation in line with SOP manuals and Shari’ah principles.
- To prepare regular Sales reports and obtain & provide market, customer and competitor information and feedback to management to facilitate decision making.
- To attend various training and learning programs to close the skill gaps and to ensure proper awareness about the products.
- To ensure high level of portfolio credit quality is maintained across the sales activities by conducting Central Bank Black List Check for account opening requests in order to avoid risk factors and ensuring necessary compliance approvals are taken for High Risk accounts if and when required.
- To conduct all mandatory activities related to account opening as per agreed SOPs and SLAs.
- To Coordinate with AMU in order to ensure all account opening documents are submitted on time
· Prepare a sale plan/ strategy on the assigned channel i.e HNWI, Companies and Self Employed Segment to ensure that targeted budget is met, and to ensure that the plan corresponds to the overall sales strategy.
· Manage team of RMs to source home finance business by targeting HNWI segment clients and corporate companies on retail level.
· Conduct and coordinate onsite trainings for HNWI staff on Corporate Credit proposals and Moody’s ratings.
· Prepare a summary of all existing clients on a daily basis for future correspondence and sending information on promotions to obtain more referrals.
· Ensure documentation, credit analysis and proper checks on customer files are based on DIB’s credit guidelines before submission to credit to ensure maximum approval and to make sure that the quality of files submitted are without discrepancies.
· Manage the portfolio of clients along with timely reviews to mitigate risk.
· Attend internal and external training programs to enhance marketing and product knowledge.
· Conduct market research on competitors, trends and developments to provide feedback and suggestion to line manager.
· Ensure compliance with the approved policies, procedures, SLAs and regulatory requirements to maintain quality standards and ensure risk mitigation.
· Coach, train and develop team skills by identifying training needs and assign appropriate learning platform to the team.
· Review team performance and deliverables in line with the approved KPI’s to ensure meeting desired objectives.
· Ensure all assigned tasks and projects are executed within the approved policies, procedures and SLAs of the department.