Regulatory Reporting - Standards and Control Manager (UAE National)

Regulatory Reporting - Standards and Control Manager (UAE National) (ID: 0000LKDP)

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Role Purpose:

Lead the embedding of regulatory reporting process framework in the UAE by:

• Driving Regulatory Reporting strategic deliverables in UAE
• Coordinating and delivery of the end-to-end regulatory reporting process
• Maintaining oversight of the regulatory reporting inventory in the UAE.
• Leading on creating playbooks and overseeing the delivery of multiple material UAE regulatory deliverables (RBS, EWRA, BRFs, etc..) that require bank-wide coordination
• Acting as the single point of contact and SME for specific regulatory reporting requirements, operating as a horizontal layer across all lines of business and bank functions
• Leading transformation and driving effective changes through UAE regulatory reporting and notification process and inventory
• Embedding regulatory reporting related policies, procedures and target operating model in UAE regulatory reports
• Leading on enhancements initiatives related to the regulatory scene.
• Engaging with 2LOD functions to scope and manage new reporting requirements

Roles & Responsibilities:

• Design: Determining and implementing an optimal bank-wide operating model which is scalable, owned, controlled, visible/subject to workflow, and maximizes efficiency and effectiveness. This includes engagement with department champions and support functions.
• Developments: Early identification, work with 2LoD Stewards to scope and manage new reporting requirements, including engagement with the CB and industry bodies to influence proposed/future requirements and delivery of ‘dry runs.
• Production: Co-ordination and delivery of the end-to-end reporting process including submission management, internal escalation, and handling post submission Central Bank queries.
• Assurance: Validation of business-as-usual report submissions via a combination of data assurance and analytical review techniques. Targeted deep-dive quality assurance reviews, along-side the Controls Office, to drive bank-wide effectiveness and efficiency.
• Other: Management of ad-hoc regulatory reporting requirements; engagement with internal compliance functions (e.g. internal audit, Controls Office etc); maintaining a report inventory; and other ad-hoc tasks required to support the rapidly evolving regulatory reporting landscape.
• Maintain oversight of a number of Regulatory Reporting strategic deliverables
• Designing and implementing end-to-end reporting process across Lines of Business and functions that is defined, owned, IT enabled and effective.
• Drive delivery of BAU regulatory Reporting requirements in UAE (focusing on the new requirements that need bank-wide coordination e.g. Monthly Examiner Returns, RBS).
• Ensure effective control policies and procedures are in place for UAE regulatory reporting.
• Ensure accuracy and integrity of regulatory returns.
• Minimizing project and BAU risk by providing guidance and establishing a control framework around regulatory reporting.
• The key stakeholder are the Chief Operating Officer and Chief Risk Officer. Other stakeholders include the Chief Control Officer and Chief Compliance Officer. Finally, engagement across LOBs and sub-functional teams is key to deliver the bank-wide initiative.
• The role will be required to drive and deliver status updates to the country and region Risk Management Meeting and various other governance forums
• Ensure BAU reporting is delivered in an effective and efficient manner.
• Ensure Regulatory reporting strategic deliverables are delivered in an effective and efficient manner.

For further details and application information please visit our careers site, searching under reference number. (ID: 0000LKH5)

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