Abu Dhabi Global Market

8 months ago

Manager - Supervision

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 14 hours agoStatus: Live

Job Summary

Manager within the FSRA Supervision Department oversees a portfolio of Fund Management and Asset Management institutions, executing a risk-based supervisory approach, coordinating with senior management, and contributing to regulatory framework enhancement. Responsible for on-site/off-site reviews, risk assessments, regulatory submissions, and stakeholder relationships to ensure compliance and effective supervision in Abu Dhabi’s financial services sector.

Location: Abu Dhabi

Employment Type: Full time

Seniority: Manager level

Key Responsibilities

•Responsible for effective supervision of relevant financial institutions within the FSRA risk-based supervisory plan
•Make appropriate use of supervisory tools such as on-site / off-site reviews, third parties reviews, information requests etc.
•Contribute to the periodic risk assessment of firms in line with Supervisory work plan, including the planning and execution of supervisory reviews, and drafting and communication of recommendations
•Review regulatory submissions made by relevant financial institutions.
•Produce risk analysis based on the data provided by asset / fund managers.
•Manage the receipt, acknowledgement and processing of fund related submissions.
•Assess applications and notifications made to the Regulator by Authorised Persons and create recommendations for line management consideration. Review recommendations made by junior staff members prior to escalation to line management.
•Conduct periodic remediation implementation reviews and create progress reports in areas where deficiencies have been identified.
•Build and manage relationships with stakeholders among market participants and other relevant ADGM staff.
•Take prompt action against deficiencies and non-compliances identified.
•Deliver additional tasks that may be delegated from senior management
•Adherence to all internal policies, procedures, standards and behaviours’
•Assist in implementing policies, rules and processes, including appropriate documentation for all assigned institutions.
•Liaise with other internal stakeholders such as Authorisation and/or other FSRA groups, as appropriate.
•Contribute to the regular monthly, quarterly and annual reports produced by the Supervision section.
•Participate in and deliver projects that may be allocated thereto
•Contribute to developing, enhancing and implementing the framework, policies, rules and procedures for governing and supervising Fund and Asset Management entities.
•Contribute to the development and production of sectoral reports and management information.
•Act as a reference point and provide expertise and support to other colleagues within the Supervision team.
•Contribute towards a team culture within the Supervision team.
•Understand, adopt, adhere and practice responsibilities or controls as per ADGM Information Security policy and as per best practices explained in the induction and awareness sessions.
•Maintain confidentiality, Integrity and availability of the ADGM Information at all times i.e. within as well as outside ADGM.

Key Requirements

•Bachelor’s / Master’s Degree
•Minimum 8 years of relevant experience from a regulatory background.
•Considerable knowledge of Fund Management and Asset Management sector regulations and market practices
•Considerable knowledge of Fund structures across various fund sectors.
•Experience of the assessment of risks to identify trends and future regulatory requirements
•Well-developed communications skills both in writing and orally.
•Good internal and external stakeholder management skills
•Good influencing and negotiation skills.
•Demonstrate strong teamwork, working collaboratively with a team of diverse professionals.
•Demonstrate planning, organisation and analytical skills
•Demonstrate a strong sense of responsibility and impeccable integrity.
•Fluent in business English.
•Desirable: Professional qualifications in fund / asset management operations, risk management, compliance or another related specialism.
•Prior supervisory experience in Financial Services Regulation in a comparable supervisory body (e.g., FCA, DFSA, ESMA, etc), or, from within the industry in risk management, compliance or internal audit.
•Proficient in Arabic or other language(s) and understanding of the Arabic culture.

Experience:8+ yearsFinancial ServicesRegulatory

Education:Bachelor's

Skills:CommunicationStakeholder managementNegotiationProblem-solvingLeadershipTeamworkAnalyticalPlanning

Languages:English

Company Brief

Abu Dhabi Global Market

Abu Dhabi Global Market (ADGM) is Abu Dhabi’s international financial centre and free zone, providing a common-law regulatory framework, licensing, and services for financial and non-financial institutions to operate across Al Maryah and Al Reem Islands.

Industry: Public Sector Agencies

Company Size: Large (251 to 1,000 employees)

Growth: Government & Public Sector

Funding: Government Funded

Headquarters: Abu Dhabi, United Arab Emirates

Founded: 2013

Glassdoor: 3.7

Website LinkedIn Glassdoor

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Abu Dhabi Global Market

8 months ago

Manager - Supervision

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 14 hours agoStatus: Live

Job Summary

Location: Abu Dhabi

Employment Type: Full time

Seniority: Manager level

Key Responsibilities

•Responsible for effective supervision of relevant financial institutions within the FSRA risk-based supervisory plan
•Make appropriate use of supervisory tools such as on-site / off-site reviews, third parties reviews, information requests etc.
•Contribute to the periodic risk assessment of firms in line with Supervisory work plan, including the planning and execution of supervisory reviews, and drafting and communication of recommendations
•Review regulatory submissions made by relevant financial institutions.
•Produce risk analysis based on the data provided by asset / fund managers.
•Manage the receipt, acknowledgement and processing of fund related submissions.
•Assess applications and notifications made to the Regulator by Authorised Persons and create recommendations for line management consideration. Review recommendations made by junior staff members prior to escalation to line management.
•Conduct periodic remediation implementation reviews and create progress reports in areas where deficiencies have been identified.
•Build and manage relationships with stakeholders among market participants and other relevant ADGM staff.
•Take prompt action against deficiencies and non-compliances identified.
•Deliver additional tasks that may be delegated from senior management
•Adherence to all internal policies, procedures, standards and behaviours’
•Assist in implementing policies, rules and processes, including appropriate documentation for all assigned institutions.
•Liaise with other internal stakeholders such as Authorisation and/or other FSRA groups, as appropriate.
•Contribute to the regular monthly, quarterly and annual reports produced by the Supervision section.
•Participate in and deliver projects that may be allocated thereto
•Contribute to developing, enhancing and implementing the framework, policies, rules and procedures for governing and supervising Fund and Asset Management entities.
•Contribute to the development and production of sectoral reports and management information.
•Act as a reference point and provide expertise and support to other colleagues within the Supervision team.
•Contribute towards a team culture within the Supervision team.
•Understand, adopt, adhere and practice responsibilities or controls as per ADGM Information Security policy and as per best practices explained in the induction and awareness sessions.
•Maintain confidentiality, Integrity and availability of the ADGM Information at all times i.e. within as well as outside ADGM.

Key Requirements

•Bachelor’s / Master’s Degree
•Minimum 8 years of relevant experience from a regulatory background.
•Considerable knowledge of Fund Management and Asset Management sector regulations and market practices
•Considerable knowledge of Fund structures across various fund sectors.
•Experience of the assessment of risks to identify trends and future regulatory requirements
•Well-developed communications skills both in writing and orally.
•Good internal and external stakeholder management skills
•Good influencing and negotiation skills.
•Demonstrate strong teamwork, working collaboratively with a team of diverse professionals.
•Demonstrate planning, organisation and analytical skills
•Demonstrate a strong sense of responsibility and impeccable integrity.
•Fluent in business English.
•Desirable: Professional qualifications in fund / asset management operations, risk management, compliance or another related specialism.
•Prior supervisory experience in Financial Services Regulation in a comparable supervisory body (e.g., FCA, DFSA, ESMA, etc), or, from within the industry in risk management, compliance or internal audit.
•Proficient in Arabic or other language(s) and understanding of the Arabic culture.

Experience:8+ yearsFinancial ServicesRegulatory

Education:Bachelor's

Skills:CommunicationStakeholder managementNegotiationProblem-solvingLeadershipTeamworkAnalyticalPlanning

Languages:English

Company Brief

Abu Dhabi Global Market

Industry: Public Sector Agencies

Company Size: Large (251 to 1,000 employees)

Growth: Government & Public Sector

Funding: Government Funded

Headquarters: Abu Dhabi, United Arab Emirates

Founded: 2013

Glassdoor: 3.7

Website LinkedIn Glassdoor