The United Bank has announced a vacancy for the position of Regulatory Compliance Advisor to work full time at the bank's head office in Cairo, as part of its efforts to strengthen compliance with banking and supervisory laws and regulations and to support the application of best practices in governance and compliance-risk management.

The United Bank is a financial institution operating nationwide, with paid-up capital of EGP 5 billion and a network of 68 branches and more than 225 ATMs. It offers Sharia-compliant banking solutions under the Rakhaa umbrella and focuses on supporting the small and medium-sized enterprise sector.

Job responsibilities:

The role includes a number of key duties and responsibilities, most notably:

  • Monitoring and interpreting applicable banking laws, regulations and regulatory requirements.

  • Advising business units and departments on compliance requirements.

  • Reviewing and assessing new and existing products, policies and procedures to identify compliance risks.

  • Proposing the corrective actions needed to address compliance risks or breaches.

  • Conducting ongoing compliance analysis.

  • Preparing reports and documents for relevant parties within the bank and for regulators.

  • Supporting internal audits and regulatory inspections.

  • Preparing and delivering compliance awareness and guidance programs for staff.

  • Working with the various departments to build a strong culture of compliance within the bank.

  • Taking Sharia-compliant requirements and guidelines into account within the scope of work.

The United Bank job requirements:

The United Bank has set a number of requirements that applicants must meet, including:

  • A bachelor's degree in law, finance, business administration, economics or any related field.

  • Advanced analytical skills in interpreting regulations, assessing risk and reviewing complex documents.

  • Strong communication skills and the ability to prepare clear reports, policies and guidance.

  • The ability to work independently and manage multiple priorities efficiently.

  • A high degree of accuracy, integrity and professional commitment.

  • Proficiency in Microsoft Office.

  • Familiarity with compliance or risk management systems is preferred.

  • Fluency in written and spoken Arabic and English is preferred.

  • Professional certifications in compliance or risk management are an advantage.

Required experience:

The United Bank requires extensive experience in regulatory compliance and supervisory requirements within the banking or financial services sector, along with experience in regulatory affairs, notably:

  • Experience handling the banking sector's regulatory requirements and regulations.

  • Experience communicating and coordinating with regulators.

  • Involvement in supporting regulatory examinations and inspections.

  • Experience preparing and submitting regulatory filings and reports.

  • The ability to interpret regulations and assess compliance risks.

  • Familiarity with Egyptian banking regulations is preferred.

  • Knowledge of Sharia-compliant financial products and services is preferred.

Apply directly here:

Banky's view for applicants:

The United Bank's Regulatory Compliance Advisor role is part of the bank's support for its governance framework and compliance with supervisory requirements, helping to make banking operations and risk management more efficient and to embed a culture of compliance in the workplace.