Manager – Governance

The purpose of this team is to work side by side with business units across Investment Banking so that business transactions are executed and administered successfully and smoothly. Governance team structure rules, practices, and processes to direct and manage the company efficiently.

Corporate governance is important because it creates a system of rules and practices that determines how a company operates and how it aligns with the interest of all its stakeholders. Good corporate governance fosters ethical business practices, creates transparent rules and controls, guides leadership, and aligns the interests of shareholders, directors, management, and employees which lead to financial viability.

Successful companies strive to have exemplary corporate governance. It is not enough for a company to be profitable; it also must demonstrate good corporate culture through environmental awareness, ethical behavior, and other sound corporate governance practices.

The job holder is expected to handle the below responsibilities:

• Assist the line Manager in preparing SOPs, policies and processes for the investment Banking arm of Emirates NBD
• Review any amendments prior to update of process / procedure from a Governance Standpoint and recommend corrective and control points if required.
• Oversight of the risk and controls and ensure strict compliance.
• Support the Senior Manager to monitor, track and report on external / internal audits pertaining to the Unit and ensure corrective action is taken to meet strategic and business objectives and timely closure of audit observations.
• Reviews the frequency of internal and external audits and how any issues that those audits raised have been handled.
• Assist Line Manager in implementing Audit recommendations.
• Assist in preparing Board files.
• Policies and procedures for reconciling conflicts of interest (how the company approaches business decisions that might conflict with its mission statement)
• Review of vendor agreements to align with Group policies and Master Agreements
• RFIs / Surveys / Questionnaires received from the Regulator / Markets and work with business to complete them by the due date
• Keep a track of all data requests received from the Regulator ensuring they are addressed on time working closely with the Compliance team.
• Responsible of conducting the annual SCA and related markets license renewal procedures, and licenses for any new activities.
• SPOC for any issues raised during the Compliance monitoring and QA reviews.
• Any concerns of data leakage or cyber security event needs to be highlighted to Unit OPS and Compliance.
• When notified of any suspicious transactions (fraudulent) highlighted by Business or Compliance and escalate to the Head of Gov & Ops for review and further escalation as required.
• Work closely with Business and Operations to remediate any customer data/agreement related gaps / issues.
• Assist Group / Unit Compliance by working closely with Business / Operations / IT and providing the customer data / information pertaining to the regulatory and Annual FATCA/CRS submission.
• Monitor the compliance of all employees with the Employee Handling Policy, PAD, PI, Wall Crossing, Code of Conduct and any other Group Policy related concerns from a governance standpoint.
• Assist in review of processes, policies, Operational Risk Control Assessments (ORCAs,) Key Control Assessments (KCAs), Key Risk Indicators (KRIs)
• Ensure adherence to the Operational Risk framework/ policy for ENBD within C&IB (inclusive of Business Continuity and other Information Security policy / requirements)
• Conduct learning sessions and staff training pertaining to any issue/ process improvement / new regulation etc. from a governance standpoint.
• Ensure that all user access reviews for business are completed within the required timeframe.
• Ensure that all ENBD Group Mandatory Trainings are complete by all staff within the required timeframe
• NPPA’s to be raised by the Unit and monitored for closure in a timely manner
• Initiate process development/amendments as applicable with GOPS, Ops risk, Compliance teams and ensure that NPPA is signed off within the project/ planned timelines.
• Assist Line Manager for any new initiatives taken up by EmCap (pertaining to UAE / regulatory requirements or as part of overall organizational / process improvement)
• Assist Line Manager in implementing the Identified opportunities to automate and make the processes efficient to ensure that EmCap business teams are served in an efficient way.
• Liaise with various internal stakeholders such as GOPS, IT, Tanfeeth, business teams, OpRisk, Legal & Compliance to ensure that the project deliverables are met as per the timelines.
• Any other Governance related support for the line manager