Manager, Conduct Supervision

Conduct Of Business Risk

Role

Key Responsibilities

• Supervision of regulated entities
• Support and/or contribute to the monitoring of risks of regulated entities and ensure they comply with supervisory service standards, processes and procedures.
• Support and/or contribute to the professional discussions with the management of regulated entities to gather and corroborate information for the assessment of risk.
• Support and/or contribute to desk-based reviews and onsite risk assessments, thematic reviews, analysing firm-specific financial and non-financial data through write clear and concise memoranda and reports.
• Analyse firm-specific data along with market information, to be able to identify emerging risk trends, which could have a material impact on regulated entities, in order to take appropriate actions and inform the line manager accordingly.
• Draw conclusions and recommend remedial actions as a result of supervisory engagement as appropriate.
• Follow-up on the supervisory risk mitigation plans to ensure they are implemented within the agreed timelines and to the satisfaction of the DFSA.
• Validate the closure of poor compliance and weak controls.

Technical Knowledge

• Act as a technical expert in the subject matter and provide internal training as needed.
• Provide advice and technical guidance internally as required to facilitate timely resolution of complex problems or challenges.

Educational Background

• University degree in a relevant field (e.g. Business, Finance, Accounting, Risk Management or Economics). A post graduate degree in similar fields would be considered as an advantage.
• Evidence of continuing professional education relevant to target position would be considered a plus.

Professional Experience

• Minimum of 5-7 years of solid and relevant work experience in the financial services or related industries.

Knowledge, Skills & Attributes

• Knowledge in dealing with financial services regulations and international regulatory standards.
• Good understanding of the responsibilities/role of the regulator and of what it means to be a risk based regulator.
• Knowledge of the financial services industry and its unique characteristics with proven technical knowledge and understanding of the key risks in the sector.
• Good understanding of current and emerging risk management trends/issues.