Sr Specialist – Enforcement

Job title: Sr Specialist – Enforcement

Company: Sundus Recruitment Services


Job description: JPC – 4547Job Title: Regulatory Compliance OfficerJob Location: Abu Dhabi – UAEEmployment Type: Full-TimeIndustry: Banking & Financial ServicesJob Summary:We are seeking a detail-oriented Regulatory Compliance Officer to support and manage enforcement actions that protect the integrity and stability of the financial system. The ideal candidate will be responsible for ensuring compliance with financial regulations, conducting enforcement reviews, imposing sanctions, and coordinating with regulatory authorities to uphold legislative standards.Key Responsibilities:Regulatory Compliance:Review and assess referrals from the Examination team, deciding on acceptance based on available evidence.Draft Commencement of Enforcement Review and Administrative Charging Letters as per regulatory requirements.Analyze financial institution referrals, focusing on liquidity, capital adequacy, and financial stability, particularly in sectors such as Hawaladars.Communicate with financial institutions under enforcement review, ensuring timely responses and compliance with regulatory directives.Prepare Notification Letters and draft recommendations for senior management review.Coordinate with the Examination Team to gather necessary documentation, data, and reports for enforcement actions.Regulatory Coordination & Policy Enforcement:Maintain expertise in international financial standards, including BASEL, FATF, OECD, IAIS, and UAE Information Security Standards.Collaborate with regulatory bodies such as DIFC, DFSA, ADGM, and the Ministry of Finance to streamline financial penalty applications and enforcement measures.Work with interagency Anti-Money Laundering (AML) task forces and financial crime prevention entities.Ensure compliance with digital banking regulations, cryptocurrencies, and evolving financial technologies.Support the implementation of new financial regulations and legislative requirements in collaboration with relevant authorities.Investigation & Legal Support:Work closely with legal teams, Appeals Committees, and regulatory authorities to ensure legally sound enforcement actions.Acquire and collate evidence for future litigation or legal proceedings.Engage with law enforcement and security agencies to share relevant financial data for AML, CTF, and financial fraud investigations.Lead interviews, investigations, and evidence-gathering processes for enforcement actions.Support financial institutions in negotiating settlement agreements and remedial actions.Requirements:Bachelor’s degree in Law, Finance, Business Administration, or a relevant field.5-8 years of experience in regulatory compliance, enforcement, or financial oversight, preferably within a ministry, banking, or financial regulatory entity.Strong knowledge of banking systems, financial applications, and compliance regulations.Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint).Exceptional formal report writing skills in English and Arabic.Strong analytical skills with a keen eye for detail and process optimization.Experience in investigations, interviewing, and evidence collection.Ability to research and interpret global financial and insurance standards.Preferred Qualifications:Experience working with international regulatory frameworks (FATF, OECD, Basel III, etc.).Background in anti-money laundering (AML), counter-terrorism financing (CTF), or financial crime investigations.Familiarity with digital banking and financial technology regulations.

Expected salary:

Location: Abu Dhabi

Job date: Thu, 27 Mar 2025 03:54:20 GMT

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