Senior Manager – Compliance (Wealth Management/SCA/DFM/ADX), Sharjah

Careers for a Changing World of Islamic Banking.Senior Manager – Compliance (Wealth Management/SCA/DFM/ADX)Posted On 23 Oct, 2025Type Group ComplianceJob Category Group ComplianceJob Purpose:The Senior Compliance Manager for Retail Banking and Wealth Management is tasked with providing comprehensive compliance support to the Retail Banking - Wealth Management (RB-WM) business. This position entails delivering regulatory compliance guidance and collaborating with both the RB-WM team and relevant departments involved in retail banking operations. Reporting directly to the Head of Regulatory Compliance, the RB-WM Compliance Manager plays an essential role in ensuring that all initiatives, activities, and products within the RB-WM businesscomplywithapplicable regulations, internal policies, and theorganization’sCompliance Risk Appetite. The incumbent serves as a Subject Matter Expert in Wealth Management, Conduct, and Consumer Protection matters, while also fostering a strong culture of compliance within the business and First Line of Defense by actively engaging in business forums andmaintainingclose communication with Group Compliance.Key Accountabilities:Regulatory and Business Conduct: Assume personal responsibility for upholding the highest standards of ethics, including regulatory and business conduct.Regulatory Advisory: Provide advisory support on SCA regulations and other regulations relevant toRB-WM business, such as regulations issued by the Central Bank of the UAE (CBUAE). Act as the principal contact for regulatory guidance forRB-WM business. Understand and convey regulatory changes and their impact on the bank's operations, ensuring thatRB-WM business stays informed and compliant.Surveillance: Conduct periodic review of the business-related activities,identifyingand highlighting potential regulatory compliance gaps and risks to be addressed, including any conflicts of interest.Policies,Productsand Initiatives: Review new investment products from a Compliance perspective, including funds and structured products. Review new investment agreements and opportunities. Act as a point of contact from GCD for theRB-WM product review process by assessing regulatory requirements and the impact of proposed new products and services to ensure that product launch is smooth and successful.Support in applying compliance related policies acrossRB-WM business units and update in response to regulatory changes.Regulatory Engagements: Interact with the Securities and Commodities Authority (SCA) on a day-to-day basis, resolve any licensing requirements with the regulator. AssistRB-WM business during examinations from regulatory authorities (i.e., CBUAE and SCA), in obtaining approvals / no-objections from regulatory authorities and act as a point of contact in the Bank’s interactions with CBUAE and SCA forRB-WM businesses.Remediation Guidance: AdviseRB-WM business units in formulating their remediation action plan for regulatory, RCSA, internal/external audit issues related to compliance.Compliance Incident Management: Provide support in the response to compliance incidents, including investigations, remediation, and reporting. Ensure that lessons learned are integrated into future compliance strategies.Training and Awareness: To be part of the team providing the ongoing training and development of people and support delivery training programs tailored to the needs of differentRB-WM business units for conduct and regulatory compliance perspective.Reporting: Support development and implementation of a comprehensive reporting mechanism forRB-WM business for specific compliance mattersCoordinate with Financial Crime Compliance teamon compliance mattersrelatedto the SCA licenses activities.Escalations: Ensure that the Head ofRegulatoryCompliance is well informed of critical business units advisories, initiatives, escalations, and issues.Shari’ahCompliance:Maintaininga constructive and effective relationship with the InternalShari’ahControl Department, as and whenrequired.Other: Any other special task/assignment assignedEducation,experienceand qualifications:Minimum of 8 years of experience in compliance roles within the banking industry, with at least 3 years related to wealth management businessBachelor’s degree in finance, law, business administration, or a related fieldCompleted training related to Islamic banking, the UAE rules and regulations, conducts, compliance, etc.Deep knowledge of regulations relevant forRB-WM businessExtensive familiarity withRB-WM Islamic Banking productsAbility to deal with all levels of people, with excellent communication and capability to challenge effectivelyAbility to work with regulatory authorities in an open and cooperative mannerAbility to challenge the First Line of Defense on compliance related matters applicable to the Bank.Strong analytical and problem-solving skills, with the ability to navigate complex compliance challenges.Sharjah Islamic Bank (SIB) started servicing the soci