Compliance Technology Manager
2 days ago
The Senior Data Compliance Executive is responsible for ensuring regulatory compliance in data management, reporting, and technology-driven compliance processes at First Abu Dhabi Bank (FAB) KSA. This role ensures that FAB adheres to SAMA regulations, local compliance laws, and internal data governance policies.
Key Responsibilities:
- Ensure compliance with SAMA regulations, AML requirements, GDPR, and other relevant data privacy laws.
- Develop and maintain compliance reporting frameworks, ensuring timely and accurate submissions to regulators and internal stakeholders.
- Monitor changes in compliance laws, regulatory technology, and reporting requirements, implementing necessary updates.
- Oversee compliance audits related to data integrity, information security, and risk management policies.
Tech and Automation:
- Support the implementation and enhancement of compliance technology tools, including RegTech solutions, AI-driven compliance monitoring, and data analytics platforms.
- Develop automated reporting mechanisms to streamline regulatory submissions, internal risk tracking, and policy adherence.
- Collaborate with IT and cybersecurity teams to ensure compliance systems align with bank-wide security protocols.
- Develop risk-based compliance reporting that identifies and mitigates potential regulatory risks.
- Implement key risk indicators (KRIs) and early warning systems to identify data anomalies, fraud risks, and reporting discrepancies.
Stakeholder Engagement:
- Act as the liaison between FAB KSA and regulators (SAMA, CMA, MoF, and other government entities) for compliance-related technology and reporting matters.
- Engage with internal business units, technology teams, and global compliance departments to ensure alignment with FAB Group compliance policies.
- Provide training and awareness sessions on data governance, compliance reporting, and regulatory obligations.
Qualifications & Experience:
- Bachelor's degree in finance, Law, Information Technology, Data Science, Risk Management, or a related field (master's degree preferred).
- 8-12 years of experience in compliance, regulatory reporting, risk management, or financial technology compliance.
- Strong understanding of SAMA regulations, AML/KYC frameworks, data protection laws, and RegTech solutions.
- Experience in automated compliance reporting, data analytics for risk management, and regulatory audits.
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