The Role
Specifically, the successful jobholder will be required to:
Manage compliance risk and provide support to all the business units • Coordinate production, documentation and approval of all compliance programs
Escalate significant ethical or business practice concerns and work closely with relevant business and staff functions to investigate the concerns and recommend appropriate remedial actions.
Administer the compliance program and coordinate the business compliance with the local and international regulations.
Administer the anti-money laundering and KYC policies and procedures. • Prioritize and manage compliance risk and provide support to all business units of the bank
Ensure strict adherence to all regulations, statutes, standards, practices and all internal processes and procedures as per the relevant manuals and comply with all relevant external legislation and regulations with regard to Compliance requirements.
Review new and revised product programs and processes.
Ensure that policies and procedures are compliant with regulatory requirements.
Proactively identify and monitor changes in the regulatory environment and ensure the bank's policy framework is updated.
Identify potential systemic procedural weaknesses in processes and additional training requirements for the Bank.
Provide compliance training in line business's assessment of need
Assist with addressing internal queries (within the Bank) relating to money laundering and compliance matters.
Ensure that noted lapses or non-compliance issues are efficiently tracked to closure
Skills, Competencies and Experience
The successful candidate will be required to have the following skills and competencies:
Business/Computer/Information Systems degree or higher
At least 2 years' experience in a similar role (audit role will be an added advantage)
Knowledge of general banking principles
Demonstrable knowledge in risk assessment and control concepts/methodologies.
Skilled in negotiation and conflict management to resolve problems that may arise during an audit.
Excellent oral and written skills; a strong verbal communicator, analytical writer and able to clearly and concisely convey personal observations of processes, risks and controls.
Excellent analytical ability both qualitative and quantitative to draw sound conclusions coupled with demonstrated knowledge and proper application of sampling techniques.
attention to details and organizational skills.
Awareness of regulatory environmental and regulations
Clear knowledge of bank policies and procedures
Knowledge of laws and regulations, policies, particularly in relation to Anti Money Laundering and KYC
Coaching & training skills
Ability to interpret policies.
Decision making skills
Excellent communication & interpersonal skills
Excellent analytical & risk analysis skills
Advanced report writing & presentation skills
Must be willing to travel long distances on assignments
