Senior Specialist - Financial Supervision

About the Role

The Financial Services Regulatory Authority (FSRA) oversees the regulation and supervision of financial service providers operating within the Abu Dhabi Global Market (ADGM) conformed to a risk-based framework. This vacancy in the Supervision Department emphasizes close monitoring of banks, insurance companies, money service providers, and capital markets intermediaries.

Key Responsibilities

• Support the achievement of both short- and long-term objectives for the Supervision Section.
• Contribute to developing, enhancing, and executing supervisory frameworks, policies, rules, and procedures governing financial entities.
• Monitor firms' adherence to applicable regulations and conduct periodic risk assessments under supervisor guidance.
• Craft and implement supervisory work plans, including planning reviews and issuing recommendations.
• Evaluate prudential conditions and business practices of assigned institutions, including financial crime prevention compliance.
• Address identified deficiencies proactively and follow up until resolved.
• Maintain effective working relationships with regulated organizations and internal/external stakeholders.
• Help enforce policies and document processes for assigned firms.
• Collaborate with other FSRA departments and participate in relevant projects as assigned.
• Uphold ADGM Information Security policy by applying best practice controls and safeguarding data confidentiality, integrity, and availability.

Candidate Profile

• Bachelor’s degree required; degrees in Finance, Banking, Accounting, Risk Management, Law, or related fields are advantageous.
• Minimum of 6 to 8 years of relevant experience in financial supervision or related financial sectors, ideally including the insurance industry.
• Strong understanding of insurance regulations, products, market practices, and financial crime prevention protocols.
• Excellent verbal and written communication abilities in business English; proficiency in Arabic or knowledge of Arabic culture considered a plus.
• Demonstrated capability in planning, organization, analysis, teamwork, negotiation, and influencing others.
• Possesses a results-driven mindset, integrity, responsibility, and eagerness to develop new skills both technically and behaviorally.

About the Employer

The FSRA is mandated to create a progressive and reliable financial regulatory environment within the ADGM, aligned with international standards to promote fairness, market integrity, and investor protection.

ADGM is a globally recognized financial center located on Al Maryah Island in Abu Dhabi, governed by three independent authorities ensuring adherence to best practices and a conducive business atmosphere.