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

This leadership role leads the supervision of broker/dealer activities within the FSRA, developing and implementing supervisory frameworks, coordinating risk-based reviews, and driving regulatory compliance across assigned financial institutions.

Location: Abu Dhabi

Employment Type: Full time

Job Function: Executive & General Management

Seniority: Manager level

Key Responsibilities

•Assist in developing, enhance and implement the framework, policies, rules and procedures for governing and supervising financial institutions.
•Responsible for effective supervision of financial institutions within the FSRA risk-based supervisory plan.
•Develop a supervisory plan / strategy appropriate for the firms/funds assigned thereto together with line manager / backup to mitigate identified areas of supervisory concerns.
•Make appropriate use of supervisory tools such as onsite reviews, third parties reviews, information requests etc.
•Lead and assist in the periodic risk assessment of firms in line with Supervisory work plan, including the planning and executing of supervisory reviews and drafting and communication of recommendations.
•Review periodic reports and returns on an ongoing basis.
•Conduct periodic implementation controls/progress reports in areas where deficiencies have been identified.
•Build and manage relationships with stakeholders among market participants and other relevant ADGM staff.
•Responsible for taking prompt action against deficiencies and non-compliances identified.
•Deliver additional tasks that may be delegated from senior management, including participating in and leading projects.
•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.
•Participate and deliver on projects that may be allocated thereto.
•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 experience working in broker/dealer supervision or related roles.
•Considerable knowledge of broker/dealer sector regulations, products, services, and market practices.
•Experience of the assessment of risks to identify trends, identify concerns, consider appropriate remedial action 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.
•Demonstrate a proactive approach, ability to manage own workload and a strong commitment to delivering results.
•Fluent in business English.
•Professionally qualification in finance, accounting risk or other related specialism.
•Industry experience in Financial Services for example, in risk management, compliance or internal audit.
•Knowledge and experience of other financial sectors.
•Proficient in Arabic or other language(s) and understanding of the Arabic culture.

Experience:8+ yearsFinancial ServicesBroker/dealer supervisionRisk-based supervisory

Education:Bachelor's

Skills:CommunicationStakeholder managementNegotiationTeamworkPlanningAnalyticalIntegrityProactivityEnglish

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

Job Function: Executive & General Management

Seniority: Manager level

Key Responsibilities

•Assist in developing, enhance and implement the framework, policies, rules and procedures for governing and supervising financial institutions.
•Responsible for effective supervision of financial institutions within the FSRA risk-based supervisory plan.
•Develop a supervisory plan / strategy appropriate for the firms/funds assigned thereto together with line manager / backup to mitigate identified areas of supervisory concerns.
•Make appropriate use of supervisory tools such as onsite reviews, third parties reviews, information requests etc.
•Lead and assist in the periodic risk assessment of firms in line with Supervisory work plan, including the planning and executing of supervisory reviews and drafting and communication of recommendations.
•Review periodic reports and returns on an ongoing basis.
•Conduct periodic implementation controls/progress reports in areas where deficiencies have been identified.
•Build and manage relationships with stakeholders among market participants and other relevant ADGM staff.
•Responsible for taking prompt action against deficiencies and non-compliances identified.
•Deliver additional tasks that may be delegated from senior management, including participating in and leading projects.
•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.
•Participate and deliver on projects that may be allocated thereto.
•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 experience working in broker/dealer supervision or related roles.
•Considerable knowledge of broker/dealer sector regulations, products, services, and market practices.
•Experience of the assessment of risks to identify trends, identify concerns, consider appropriate remedial action 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.
•Demonstrate a proactive approach, ability to manage own workload and a strong commitment to delivering results.
•Fluent in business English.
•Professionally qualification in finance, accounting risk or other related specialism.
•Industry experience in Financial Services for example, in risk management, compliance or internal audit.
•Knowledge and experience of other financial sectors.
•Proficient in Arabic or other language(s) and understanding of the Arabic culture.

Experience:8+ yearsFinancial ServicesBroker/dealer supervisionRisk-based supervisory

Education:Bachelor's

Skills:CommunicationStakeholder managementNegotiationTeamworkPlanningAnalyticalIntegrityProactivityEnglish

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