Manager, Compliance

Job Description

Minimum Qualifications

• Relevant Undergraduate degree

• Minimum 5 years of experience in the AML/ CFT and Compliance in the banking industry.

• Comprehensive understanding of the regulatory and business environment of the banking industry.

• Understanding of business unit needs and ability to translate them into risk management solutions.

• On-going awareness of regulatory requirements related to banking

Responsibilities

• Updating the regulatory universe and ensuring the compliance risk management plans (CRMPS) for new laws, regulations and amendments of existing laws and regulations (including other regulatory guidance notes and circulars) are comprehensively completed within 90 days of becoming effective.

• To prepare the regulatory universe annually in the last quarter of the year and ensure sign off by business owners.

• Ensure in conjunction with executive management, CRMPS are adopted and customized for all relevant risk legislation and regulations on an annual basis.

• Ensure compliance policies and manual are reviewed and go through the requisite governance framework in a timely manner.

• Draft relevant procedures for the various Compliance Policies.

• Responsible for the implementation and adoption of all compliance, anti-money laundering, Anti Bribery and Corruption and sanctions related requirements contained in policies, procedures and processes. This includes the consideration and approval of PEP on-boarding and continued business engagement in instances where no adverse information is available.

• Raise awareness and provide training to bank staff on compliance policies and maintain registers of training attended.

• Ensure that the policies, procedures, and manuals posted on the Compliance website are upto date.