Governance Specialist

Job description / Role

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 Governance Specialist at Emirates NBD, your role is to review and approve the new to bank / existing customer requests from AML / CTF and sanctions perspective for individual and company accounts.

Key Responsibilities

• Review and approve the new to bank / existing customer requests from Safewatch perspective.
• Review and initiate for approval of new to bank / existing customer requests for clearance from Group Compliance's 'online watch list check' (OWC) perspective.
• Perform enhanced due diligence checks on the investments / portfolio account opening request and request of change of nationality proceeding from the different business units in RBWM.
• Review of the OWC delisting activity and assist business units in getting GC approvals. Measured by the TAT adherence.
• Review of retention cases by carrying out EDD and additional due diligence checks to assist the Head of HRA team.
• Carry out trigger based reviews and Central Bank queries as and when received.
• Handle and deliver additional new projects like cleanup of place / country of birth cases, cleanup of blank PEP fields, cleanup of risk rating field in Finacle KYCI screen, and fixing issues with BPM / Finacle team.
• Review and assist Manager High Risk Account Opening Team in conducting due diligence checks (EDD) pertaining to domestic PEP and foreign PEP (politically exposed persons).
• Provide support to ensure that various units within RBWM are compliant with the bank's internal policies, external imperatives and regulatory environment.
• Work closely with other support functions to ensure service level agreements are in place and measure performance through MIS reports.
• Ensure follow-up support on compliance projects and ongoing compliance issues and data cleanup activities.
• Support Manager High Risk Account Opening Team in preparation of agenda items and action items for various meetings on HRA activities, audit and compliance related issues.

Skills and Experience

• Graduate with understanding of banking, local regulations and current developments.
• Minimum of 3 years professional experience in banking with experience in operations and compliance.
• Understanding of the bank operations, products, policies, regulations, compliance and risk management, compliance policies and procedures is needed.
• In-depth knowledge of international regulations and the legislation of the prevention of money laundering.

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.