AVP- Compliance System Governance - Monitoring & Validation - Fircosoft

Role Overview: You will be joining the Compliance Systems Governance and Model Validation Unit within the Group Compliance division at FAB, the UAE's largest bank. In this role, you will be responsible for validating and ensuring the accuracy, reliability, and performance of sanctions screening models. Your work will involve conducting comprehensive validation of sanctions screening models, collaborating with stakeholders to address validation findings, preparing detailed validation reports, and staying updated with regulatory requirements and industry trends. Key Responsibilities: - Conduct comprehensive validation of sanctions screening models, including data integrity, model performance, and output accuracy. - Develop and implement validation methodologies and frameworks in line with industry best practices and regulatory guidelines. - Perform quantitative and qualitative analysis to assess model risk and performance. - Collaborate with model developers, compliance teams, and other stakeholders to address validation findings and improve model robustness. - Prepare detailed validation reports and documentation for internal and regulatory review. - Stay updated with the latest regulatory requirements, industry trends, and advancements in sanctions screening technologies. - Provide recommendations for model improvements and enhancements based on validation results. Qualification Required: - Bachelor's or master's degree in Finance, Economics, Statistics, Mathematics, Computer Science, or a related field. - Proven experience in model validation, risk management, or a similar role within the financial services industry. - In-depth understanding of sanctions regulations and compliance standards, including OFAC, EU sanctions, and other international sanctions regimes. Understanding of CBUAE regulations is desirable. Additional Details: FAB, the UAE's largest bank, is dedicated to creating value for its employees, customers, shareholders, and communities through innovation, agility, and differentiation. As part of FAB, you will have the opportunity to accelerate your growth, help the organization reach its goals, and advance your career in an exciting and dynamic industry.,