Manager, Business Regulatory Development

JOB SUMMARY / INTRODUCTION

Lead the First Line of Defense accountability, governance, and oversight of regulatory change requirements across Retail, Private Banking and Wealth businesses. Ensure regulatory requirements are appropriately understood, assessed, translated into business and technology requirements, and implemented within agreed regulatory timelines. Maintain clear First Line ownership, provide appropriate challenge and oversight of implementation activities, and deliver transparent reporting and escalation to senior management. Act as a key interface between the Business, First Line Risk & Control teams, Compliance, Technology/IT and Transformation functions, ensuring regulatory obligations are embedded into the business operating model, processes, controls, and change agenda.

KEY RESPONSIBILITIES

• Own and coordinate the First Line regulatory change management agenda across Retail, Private Banking and Wealth businesses.
• Translate regulatory obligations into clearly defined business requirements, actions, controls, ownership, and implementation plans.
• Monitor new and amended UAE regulatory requirements relevant to Retail, Private Banking and Wealth businesses.
• Lead First Line regulatory gap assessments and remediation plans.
• Establish and maintain a robust regulatory change governance framework across relevant business areas.
• Partner with Transformation and Change the Bank teams to incorporate regulatory requirements into programmes and initiatives.
• Translate regulatory requirements into detailed technology requirements and delivery outcomes with Technology/IT.
• Develop high-quality management information for senior management and governance committees.
  

REQUIREMENTS / QUALIFICATIONS

• Bachelor’s degree in business administration, finance, economics, risk, law, or a related discipline.
• Minimum 5 years' experience in banking or financial services, preferably within Retail Banking, Private Banking or Wealth Management, including at least 2 years in regulatory change, regulatory development, regulatory implementation, or a related discipline.
• Strong understanding of the UAE regulatory landscape and requirements applicable to financial institutions.
• Experience in a First Line business risk and control environment.
• Experience partnering with Compliance on interpretation, applicability, gap assessment, and remediation.
• Strong analytical, problem-solving, stakeholder management, and communication skills.
  

Preferred / Beneficial
Relevant regulatory, risk, compliance, project management, or change-management certification is preferred.

Skills

• First Line Regulatory Accountability
• Regulatory Change & Implementation
• UAE Regulatory Knowledge
• Business Risk & Control
• Retail, Private Banking & Wealth Management
• Regulatory Governance & Oversight