Professional qualification in Anti Money Laundering, Financial Crime Risk and Corporate Governance practices from a recognized institution will be an added advantage
Competencies
Knowledge of Banking and Business Operations
Compliance Standards and Legislations
Compliance and Regulatory Framework
Conceptual and Analytical Skills
Technology Skills
Results and Achievement Oriented
Personal Ethics
Decisive and Independent
Negotiation Skills
Communication and Interpersonal Skills
Responsibilities
Implementation of Bank’s compliance program and the Anti-Money Laundering program
Develop systems, mechanisms and procedures to ensure immediate reporting of suspicious money laundering or terrorism financing activities
Define and articulate compliance obligations with clear allocation of compliance responsibility
Provide relevant, timely, accurate and value-adding reports to key stakeholders
Strengthening compliance and AML/CFT risk identification and assessment
Maintenance, review and updating of Compliance and AML/CFT Policies and procedures
Conduct an annual risk assessment relating to financial crime and incorporate conclusions into current policies
Develop and ensure maintenance of a robust system that tracks compliance
Agree remediation plans for all non-compliance incidents and implement timely follow-ups
Coordinate and maintain regulator relationships
Respond and liaise with correspondent banks on compliance queries
Prepare compliance status reports for the Bank’s Board Committee and Management Committees
Conduct audits and reviews periodically to ensure compliance standards are met
Deliver and facilitate training on compliance and financial risk matters
Monitor and maintain compliance-related expenses within budget