Ensuring compliance with the relevant Anti-Money Laundering and Combating the Financing of Terrorist (AML/CFT) and legislations governing related activities within the branch/cluster. To manage and support the Bank’s compliance risk management strategy by monitoring and enforcing regulatory compliance and compliance with the Bank’s laid down rules within the branch/cluster. Timely resolution of compliance issues emanating from the branch/cluster in line with all applicable regulatory requirements and internal policies and liaising with the Head Office as necessary. Support the implementation of all applicable Compliance and AML/CFT programs at the branch/cluster level
- Ensure all compliance reports are timely prepared timely, are adequate and appropriately documented.
- Submit monthly reports on compliance status of the branch/cluster, compliance breaches & issues as part of monthly Branch Compliance report.
- Report the compliance issues raised in the branches under purview and initiatives implemented.
- Report on KYC monitoring review and raise critical exceptions.
- Liaising with applicable regulators, Law enforcement agencies and other Governmental bodies and ensure good relationships with the same.
- Conduct visits (where necessary) to regulators/law enforcement agencies to improve and manage relationships.
- Achieve zero infringement of processing letters from LEA within stipulated time.
- Proactively engage business on identified or perceived compliance/regulatory risk issues and proffer solutions for effective management.
- Collaborate with business and provide compliance risk management guidance during the strategy planning and review sessions
- BSc Social Science or related field.
- Relevant professional certification can be an added advantage
Experience:
- In depth knowledge and understanding of applicable regulations as well as internal compliance related policies and procedures.
- Understanding of the nature of the business and products in the banking environment.
- Ability to take the understanding of business needs and operations and to translate it into risk management solutions.
Behavioural Competencies:
- Articulating Information
- Challenging Ideas
- Convincing People
- Developing Strategies
- Embracing Change
- Empowering Individuals
- Exploring Possibilities
- Interacting with People
- Interpreting Data
- Making Decisions
- Providing Insights
- Upholding Standards
Technical Competencies:
- Evaluation of Internal Controls
- Financial Acumen
- Financial Industry Regulatory Framework
- Legal Compliance
- Process Governance
- Risk Awareness