Subsidiary Compliance Officer

• First Degree (or equivalent) in Law, Banking & Finance or related discipline.

• First Degree (or equivalent) in Law, Banking & Finance or related discipline.

Duties & Duties

• Implement methodologies for identifying, assessing, monitoring, controlling and reporting compliance risks. Agree on the type and frequency of monitoring in relation to the subsidiaries scale of activity.
• Ensure subsidiary-wide compliance with established policies and controls and ensures that violations are thoroughly investigated.
• Coordinate the development and Implementation of the Compliance Monitoring Calendar for the Subsidiaries.
• Conduct reviews to test the validity and appropriateness of, and business compliance with all international regulations.
• Act as subsidiary liaison officer and provide up-to-date report on compliance activities in subsidiaries to the Head, Compliance & Conduct Advisory.
• Identify and assess regulatory implications of the Subsidiaries and be able to identify issues affecting the group.
• Coordinate Compliance & AML/CFT Training of all Subsidiaries Compliance Officers.
• Coordinate regulatory relationship management with key regulators of the in scope jurisdictions.
• Ensure monthly report on compliance activities of the subsidiaries to the BRCC,CCO, MD and quarterly
• report to the BBRMC, MD and scorecard generation for the Heads of Compliance.
• Develop control logs for internal audit assessment and follow up on all compliance related exceptions for closure within the deadline set.
• Perform other functions as assigned by the Team Lead and Head, Compliance & Conduct Advisory.
• Ensure review, update and upload of subsidiary rulebook and other reports on the porter.