Head of Liv Governance

About ENBD

Emirates NBD is a market leader across the MENAT (Middle East, North Africa and Türkiye) region with a presence in 13 countries, serving over 9 million customers. Emirates NBD is the leading financial services brand in the UAE with a Brand value of approximately USD 4 billion. We serve our customers and help them realise their financial objectives through a range of banking products and services including retail banking, corporate & institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations. We are a key participant in the global digital banking industry, with 97% of all financial transactions and requests conducted outside of our branches. We also operate Liv, the lifestyle digital bank by Emirates NBD. With over half a million users, it continues to be the fastest-growing digital bank in the region.

Job Overview

As a Head of Liv Governance at Emirates NBD, your role is to support the Group Head of Retail Banking and Wealth Management Governance to maintain the properness of LIV, ensuring it operates within legal and ethical boundaries while providing best in class service to its digital clientele. The Job Holder is also responsible to ensure to align the LIV business and support teams to the overall framework of RBWM. Head of LIV governance ensures that risks associated with LIV are managed well and in a timely manner.

Key Responsibilities

Client Due Diligence: Overseeing the process of conducting comprehensive due diligence on LIV clients, including anti-money laundering (AML) and know your customer (KYC) procedures
Governance Reporting: Providing regular reports to senior management governance-related matters
Risk Management: Identifying, assessing, and mitigating digital and regulatory risks associated with LIV
Audit Management: Coordinating with internal and external auditors to ensure audits are conducted efficiently, and findings are addressed appropriately
Regulatory and Legal awareness: Staying updated on changes in banking laws and regulations, with a focus on those impacting Digital Banking
Support LIV Business Strategy: Aligning governance practices with the unique needs, expectations of the digital banking environment
Policy Review & Update: Reviewing LIV policies and procedures in close coordination with Group Compliance, GOPS & Group Risk to ensure agreement with industry regulations and best practices
Team Leadership and Development: Managing a team responsible for various aspects of governance within LIV
Ethical Standards and Conduct: Supporting RBWM Management in promoting a culture of ethical behavior and integrity

Skills and Experience

• Graduate with understanding of business, local regulations, and current developments
• A minimum of 13 plus years professional experience in Banking with experience in Digital Banking, Operations, Compliance
• At least 6-7 years of experience in a relevant Digital Banking Governance/Compliance management position required
• Conversant with full range of Banking Products and Services
• Desirable qualifications from an internationally recognized body are desirable like ACAMS etc
• Good knowledge of the Policy, Procedures, Standards, local and international regulations, and the legislation of the prevention of money laundering
• Ability to Lead the Unit

There’s never been a better time to join Emirates NBD.
We’re one of the region’s most recognisable brands. We’re banking innovation leaders. We’re growing across both the UAE and our global offices. We offer a huge range of professional development opportunities to accelerate your career. It also goes without saying that we provide extremely competitive rewards, benefits and perks too, like our flexible work policy so you can work from home whenever it suits.

At ENBD, we encourage interested candidates to review the key responsibilities and qualifications for each role and apply for positions that match their skills and capabilities.