Job Description

     VACANCY NOTICE 

A reputable financial institution is looking for an experienced Head, Compliance.

Position:       Head, Compliance 

Direct Report: Board of Directors, with dotted line to the Managing Director 

Job Summary

The Chief Compliance Officer is responsible for developing, implementing and administering all aspects of the Compliance Management Program and functions as an independent and objective body that reviews and evaluates compliance issues/concerns within the Bank.

Regular/Routine:

• The Chief Compliance Officer plans, organizes, and manages the Bank’s day to day compliance activities. Oversees and implements risk analysis/ assessment and monitoring related to Bank compliance activities. 
• Participates in various committees, audits and examinations. Oversees compliance training initiatives. 
• Advises the Board of Directors, Senior Management and Bank personnel of emerging compliance issues and consults and guides the Bank in the establishment of controls to mitigate risks. 
• Ensures Unit’s activities run smoothly and efficiently by providing leadership, training and supervision to compliance Unit personnel. 
• Advising, treating and responding to issues relating to internal rules, regulations and ethical guidance to staff.
• Ensuring Compliance with Extant Laws and Regulatory Guidelines.
• Ensuring Compliance with Rendition of Reports and Returns.
• Transaction monitoring and Reporting.
• Political Exposed Persons (identification, monitoring and profiling).
• KYC Implementation (monitoring implementation of KYC policies).
• Sanctions Compliance Management.
• AML/CFT Training (awareness and enlightenment).
• Compliance AML Audit Management.
• Rendition of Regulatory Returns
• Liaising with Regulatory Authorities on AML/CFT Issues

SPECIFICATIONS:

Qualifications: Bachelor’s degree (B.Sc).Masters/MBA or a relevant professional certification is desired (ACA, CAMS, ICA, etc.)

Required Knowledge, Skills and Abilities:

• Good communication skills
• Attention to details
• Analytical thinking
• Report Writing skills
• Knowledge of relevant regulations, internal policies and SOPs
• Organizational skills
• Relationship Management

• At least 5 years’ experience of which 2 years should be in the Banking sector at a supervisory level.

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TO APPLY:

Interested candidates should please send your Curriculum Vitae together with an application to: recruitments.sl@outlook.com on or before 24th January 2025.