The NYUAD Office of Compliance and Risk Management assists NYUAD, as an international center of scholarship, teaching, and research, to carry out its academic mission with integrity and in accordance with the University’s legal, regulatory, and ethical responsibilities.
To promote a culture of compliance, integrity, and ethics at NYUAD through coordinating and facilitating compliance and risk management activities and providing services that project a positive attitude towards compliance, ethics, and risk management.
NYUAD OCRM oversees and facilitates NYUAD’s Compliance and Risk, which is a component of the NYU Global Compliance and Risk Program and is composed of five essential elements:
A risk-based approach to assess and prioritize the University’s global compliance risks and to mitigate them;
A University-wide Compliance and Risk Structure with oversight by the Audit and Compliance Committee of the NYU Board of Trustees and the NYUAD Audit Committee;
University Policies and Guidelines;
Communication, Education, and Training; and
Annual and Periodic Monitoring of Top Institutional Risks.
NYUAD OCRM provides a range of Compliance and Risk Management Services to the University community aligned with and implementing these elements.
As members of the NYUAD community, we are individually responsible for compliance with the regulations and policies that apply to our substantive areas of responsibility. At an institutional level, NYUAD has compliance obligations in addition to ensuring that individual compliance obligations are met. While substantive responsibility for compliance and ethics is decentralized, NYUAD OCRM, led by the Chief Compliance and Risk Officer, centrally develops, coordinates, implements, and manages the Compliance and Risk Management Program at NYUAD.
In addition, working in close collaboration with the NYU Global Office of Compliance and Risk Management, NYUAD OCRM has substantive responsibility for the following areas:
import and export compliance;
youth programs compliance;
conflicts of interest;
concerns and complaints about noncompliance with the Code of Ethical Conduct and other University policies;
investigations into violations of University policies and compliance complaints;
Erum Raza is the Chief Compliance and Risk Officer at NYU Abu Dhabi and leads NYUAD’s Office of Compliance and Risk Management. Erum oversees NYUAD’s Compliance and Risk Management Program, working in close collaboration with NYUAD’s academic and administrative departments to facilitate compliance with policies, laws and regulations, and risk management.
The NYUAD Office of Compliance and Risk Management is part of the NYUAD Office of the Vice Chancellor. In addition to reporting to the NYUAD Vice Chancellor, Erum also reports to the NYU Vice President and Global Chief Compliance Officer and the Audit and Compliance Committee of the NYU Board of Trustees. The Office of Compliance and Risk Management includes the following functional areas, Ethics and Compliance, Enterprise Risk Management, and Business Continuity.
Erum also works closely with NYUAD’s government partner, Tamkeen, on various compliance, risk management, and government relations matters.
Erum has guest lectured in NYUAD and NYU Shanghai undergraduate courses, as well as in NYU Stern graduate courses on various topics, including, ethics, labor and economics, business and human rights, social responsibility, and international business law.
Erum is an attorney admitted to practice in the US in the states of New York and New Jersey.