ED & Head of Business Governance (FLOD) – IB&M

1. Risk Tracking & Control Design

• Own and oversee tracking of business ‑ owned action plans to implement or comply with new and amended regulatory requirements
• Lead the design, enhancement, and implementation of new or changed First Line controls, ensuring alignment with regulatory expectations and internal policies
• Establish and maintain a business ‑ level risk and control library across IB & Markets businesses, ensuring consistency and completeness

2. Regulatory Engagement

• Act as the central FLOD coordination point for regulatory requests, examinations, and information submissions, ensuring timely, accurate, and high ‑ quality business responses
• Coordinate business inputs and management information (MI) provided to regulators
• Partner closely with business stakeholders, Compliance, Risk, and other control functions to ensure ongoing regulatory adherence and readiness

3. Policy & Governance Frameworks

• Track Group policy changes and assess implications for Investment Banking & Markets, ensuring timely updates to business SOPs and controls

Design and implement controls across the Global Markets end ‑ to ‑ end trade lifecycle, ensuring adherence to approved policies, procedures, and governance standards

4. Risk Assessments & Control Effectiveness

• Enterprise ‑ Wide Risk Assessment (EWRA):
  

• Coordinate IB & Markets business inputs and MI
• Independently challenge and validate Compliance ‑ led inherent risk and control assessments in the first instance
• Risk & Control Self ‑ Assessments (RCSA):
  
• Coordinate business RCSA activities, including identification of key regulatory and operational risks and control gaps
• Facilitate and oversee formal challenge sessions with Second Line of Defence (e.g. Compliance)
• Conduct regular reviews of business activities and processes to identify vulnerabilities, control weaknesses, and enhancement opportunities, and recommend remediation actions
• For Global Markets trade monitoring, oversee the assessment of preventative versus detective controls
• Coordinate FLOD engagement on other risk areas as required (e.g. Conduct Risk)
• Develop and maintain Key Risk Indicators (KRIs) to measure control effectiveness and emerging risk trends in near real time

5. Assurance & Monitoring

• Coordinate business engagement and responses to Compliance Monitoring and Testing plans
• Execute agreed First Line monitoring activities, aligned with Compliance and business priorities

6. Issues, Findings & Incident Management

• Own the coordination and oversight of business ‑ owned issues arising from:
• Compliance monitoring
• Group Internal Audit (GIA)
• Regulatory examinations
• FLOD monitoring and near ‑ misses
• Ensure clear accountability for issue ownership within the business
• Track remediation progress, interim milestones, and deadlines; escalate delinquencies appropriately, especially where regulatory risk exists
• Manage dependencies across functions and escalate impediments where required
• Oversee escalation and tracking of near ‑ misses and control failures

7. Training & Awareness

• Monitor and report on mandatory training completion, escalating delinquencies to senior management
• Coordinate business responses to mandatory HR and regulatory training programmes, in partnership with HR and Compliance

8. Reporting, Governance & Committees

• Develop and maintain a business ‑ owned IB & Markets governance framework, involving relevant stakeholders (Compliance, Risk, Technology, Operations)
• Ensure effective oversight of risks, controls, issues, and risk appetite metrics
• Produce and escalate risk, control, and performance reporting (KRIs, KPIs)
• Perform thematic and trend analysis to identify systemic issues and emerging risks.
• Oversee data quality and source systems supporting risk and regulatory reporting
• Chair/lead relevant governance committees and ensure effective escalation and decision ‑ making

9. Capital Allocation Committee (CAC) Governance

• Review and update the Capital Allocation Committee charter, ensuring alignment with regulatory and internal governance requirements
• Review CAC submissions (from GRMs and business) for quality, completeness, and risk considerations; track approvals and conditions
• Track and report analysis of business opportunities submitted to the CAC on a quarterly basis
• Analyse, monitor, and report on low ‑ returning IB & Markets clients, supporting informed capital allocation decisions

10. Breach & Disciplinary Management

• Oversee tracking and management of business breaches and disciplinary matters
• Track and escalate implementation of agreed remediation and corrective actions

• Work with credit on the refesh of the Group Credit Policy ensuring alignment with business interest and business processes are aligned with GCP
• Ensure the credit processes are being adhered to example Past Due monitoring & settlement, closure of document deficiencies & ensure CAs are being timely renewed .

• Represent the business at the Model Risk Management Committee
• Work with the ERM & the Business Heads on the setting of the Risk Thresholds at both Tier 2 & Tier 3 level
• Ensure business processes are aligned with the relevant Regulation for example CBUAE CRMS, etc

Bachelor’s degree or higher in management, banking, finance, preferably with certification in compliance, KYC/AML/CFT, financial crime or risk management

• Minimum of 10 – 15 years of experience in a reputable international bank, experience of working in regulated jurisdictions and exposure to international financial services regulations
• Minimum of 10 years+ of experience preferably in a Investment Banking & Markets aligned Risk, Compliance or Internal Audit role
• A combination of risk management, Internal Audit or Compliance experience would be considered an asset
• Knowledge of GM & GCF products
• Familiarity with financial regulations and experience in regulatory reporting requirements
• Excellent communication skills, with the ability to present to senior stakeholders
• Strong sense of ownership and accountability with a proactive approach to risk management