Financial Sector Specialist Jobs In Abu Dhabi | Arab Monetary Fund

Arab Monetary Fund

Financial Sector Specialist Jobs In Abu Dhabi | Arab Monetary Fund

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Arab Monetary Fund is a regional Arab financial institution based in Abu Dhabi, with the mission to lay the monetary foundation of Arab economic integration and to accelerate the process of economic development of its member countries. In this context, the AMF supports banking and financial sector development in the Arab States and provide assistance towards its integrity and efficiency. Moreover, the AMF carries out and acts as a technical secretariat for the Council of Arab Ministers of Finance, the Council of Arab Central Banks and Monetary Authorities’ Governors as well as for its sub-committees and task forces.

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Responsibilities
  1. Contribute to the implementation of the AMF’s strategy in relation to financial sector development programs and initiatives, including promoting Fintech ecosystem and enhancing digital financial services in Arab countries.
  2. Support the implementation and follow-up activities of the initiatives in the Arab countries focusing on enhancing Fintech digital financial services and digital economy.
  3. Contribute to formulate technical assistance programs to the Arab countries in developing their financial and banking sector with focus on Fintech and digital financial infrastructure.
  4. Contribute to the implementation of various programs and activities related to fostering Fintech ecosystem in Arab countries, jointly conducted with IFIs.

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Requirement
  1. Arab Country’s citizen.
  2. A doctorate degree from a recognized university in the fields of economics or finance.
  3. Relevant experience in similar fields of work of 5 years in related regulatory & supervisory authorities such as central banks, relevant financial institutions, or regional and international financial institutions.
  4. Comprehensive knowledge of international principles / guidelines and papers issued by the relevant standard setters such as BIS, IMF, WG, FSB, Basel Committee, FSI, IFSB.
  5. Deep knowledge of concepts related to Fintech such as digital transformation, digital ID and eKYC & CDD, digital payments systems, digital financial services, Distributed Ledger Technologies (DLT), Artificial Intelligence, and cyber resilience.
  6. Deep knowledge of Fintech standards and related financial legislations around the world.
  7. Deep knowledge of risks related to Fintech activities, and hoe to mitigate those risks.
  8. Comprehensive knowledge of financial, banking, and digital financial infrastructure legislations in Arab countries.

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Beware of fraudsters

Recognize Common Scams

  1. Phishing Emails: Fraudsters often send emails that appear to be from legitimate companies, asking for personal information.
  2. Phone Scams: Scammers may call pretending to be from a government agency or well-known company, demanding money or personal details.
  3. Online Shopping Scams: Beware of deals that seem too good to be true on unfamiliar websites.
  4. Investment Scams: Offers of high returns with little risk are often fraudulent.

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Protect Your Information

  1. Do Not Share Personal Information: Never give out personal, financial, or login information over the phone or online unless you are sure of the recipient’s identity.
  2. Use Strong Passwords: Create complex passwords and update them regularly. Avoid using the same password for multiple sites.
  3. Enable Two-Factor Authentication: Adds an extra layer of security to your accounts.

Verify Authenticity

  1. Check Email Addresses and URLs: Fraudulent emails and websites often have slight discrepancies from the real ones.
  2. Research Before You Buy: Look up reviews and ratings of websites or sellers before making a purchase.
  3. Contact Companies Directly: If you receive an unexpected communication, use the contact information on the company’s official website to verify its authenticity.

Stay Informed

  1. Be Wary of Unsolicited Offers: If something seems out of the blue, it’s worth questioning its legitimacy.
  2. Educate Yourself: Stay updated on the latest scams by following news and alerts from consumer protection agencies.

What to Do If You’re Targeted

  1. Report It: Contact local authorities or consumer protection agencies to report the fraud attempt.
  2. Monitor Your Accounts: Keep an eye on your bank and credit card statements for any unauthorized transactions.
  3. Change Your Passwords: If you suspect your information has been compromised, update your passwords immediately.

Resources

  • Federal Trade Commission (FTC): Offers resources and a reporting mechanism for scams.
  • Better Business Bureau (BBB): Provides business ratings and scam tracker.
  • Consumer Financial Protection Bureau (CFPB): Protects consumers from financial fraud.

By staying vigilant and following these precautions, you can significantly reduce your risk of falling victim to fraudsters.

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