General prudential compliance

2.7.3 General prudential compliance

Description of role

Responsible for ensuring the prudential compliance framework is up-to-date, and support its internal business areas and procedures by measuring, managing and reporting regulatory risks that arises.

Core skills

Ability to provide up-to-date and authorisation insights into regulatory developments and their implications.
Ability to understand, interpret and advise on various regulatory requirements, restrictions and limits.
Understanding of prudential reporting requirements and processes including knowledge of Financial Stability Board (FSB), Basel Committee on Banking Supervision (BSBS), and Islamic Financial Supervisory Board (IFSB)
Ability to analyse and research international practices surrounding regulations.
Ability to develop and maintain effective relationships with regulators, board of directors, senior management and auditors.
Understanding of corporate governance, frameworks, policies and processes
Understand profile of compliance risks, compliance risk management framework, tools, systems and methodologies.
Ability to deal with and mitigate compliance risks.
Knowledge of insider trading and conflicts of interest standards

Qualification and/ or certification

QFSQF Level 3
ACAMS or equivalent qualification
Relevant experience

Industry knowledge

Knowledge of Takaful regulations and labour law.
Knowledge of Qatari companies law requirements.

Regulatory compliance of role

Knowledge of Takaful regulatory framework.
Knowledge of AML/ CTF requirements

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