AVP, Compliance Systems Monitoring and Validation - Fircosoft

First Abu Dhabi Bank
Abu Dhabi
Workplace: OnsiteFull timeFunction: Legal, Risk & ComplianceExperience: 7-10 yearsSkills: ["Collaboration","Independent work","Quantitative analysis","Attention to detail","Technical report writing"]

Validate the accuracy, reliability, and performance of sanctions screening models by developing and executing risk-based validation methodologies. Conduct quantitative and qualitative model risk assessments, back testing, stress testing, and sensitivity analysis. Partner with model developers and compliance stakeholders to address findings and improve robustness, while producing detailed validation reports and management information (MI) dashboards to support senior governance bodies.

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FursaFursa
First Abu Dhabi Bank
First Abu Dhabi Bank
1 day ago

AVP, Compliance Systems Monitoring and Validation - Fircosoft

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Source: Company careers pageValidated by: Fursa AI
Last checked: 13 hours agoStatus: Live

Job Summary

Validate the accuracy, reliability, and performance of sanctions screening models by developing and executing risk-based validation methodologies. Conduct quantitative and qualitative model risk assessments, back testing, stress testing, and sensitivity analysis. Partner with model developers and compliance stakeholders to address findings and improve robustness, while producing detailed validation reports and management information (MI) dashboards to support senior governance bodies.
Location: Abu Dhabi
Workplace: Onsite
Employment Type: Full time
Job Function: Legal, Risk & Compliance

Key Responsibilities

  • •Conduct comprehensive validation of sanctions screening models, including data integrity, model performance, and output accuracy.
  • •Develop and implement validation methodologies and frameworks aligned to industry best practices and regulatory guidance.
  • •Perform quantitative and qualitative analysis to assess model risk and performance, including back testing, stress testing, and sensitivity analysis.
  • •Collaborate with model developers and compliance stakeholders to address validation findings and improve model robustness.
  • •Create validation reports and MI dashboards, manage review status and issue closure, and contribute to annual and ad hoc review plans.

Key Requirements

  • •Bachelor’s or master’s degree in finance, economics, statistics, mathematics, computer science, or a related field.
  • •Proven experience in model validation and/or risk management within financial services.
  • •In-depth understanding of sanctions regulations and compliance standards (including OFAC and EU sanctions); CBUAE regulations desirable.
  • •7 to 10 years of experience with financial institutions, regulators, and/or professional services, focused on Financial Crime Technology and analytics.
  • •Proficiency in data modeling and programming (Java/Python), SQL querying, and database concepts.
Experience:7-10 yearsFinancial crime technologySanctions screeningFinancial services
Skills:CollaborationIndependent workQuantitative analysisAttention to detailTechnical report writing
Certifications:ACAMSCGSSICA
Tech Stack:JavaPythonSQLFirco ContinuityFirco TrustFirco Screen and Keep (FSK)ITILData governanceData lineageData qualityIT service management

Company Brief

First Abu Dhabi Bank
First Abu Dhabi Bank (FAB) is the UAE’s largest bank, offering retail, corporate, investment banking, wealth and Islamic banking services across multiple continents, formed by the 2017 merger of First Gulf Bank and National Bank of Abu Dhabi.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Abu Dhabi, United Arab Emirates
Founded: 2017
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