Compliance Officer Monitoring

Education

• Honors Bachelors’ degree in Business, finance or related field.
  
• Understanding of the financial services sector, regulatory framework, Bank Policies and Procedures.
  
• Professional qualification in any of Compliance and Conduct, Financial Crime Risk and Regulation, fraud Examination or any other related Professional discipline (is an added advantage).
  

Work Experience:

A minimum of 1 year of experience in a similar or related role in the areas of Compliance, financial crime, Auditing, Fraud and investigation preferably in a busy commercial banking environment.

• Develop and Implement policies, systems, mechanisms and procedures that enable staff report any failed controls or violations for laid down Policies and Procedures.
  
• Assess the appropriateness of internal policies, procedures and guideline and ensure a follow-up of any identified deficiencies
  
• Follow up on the implementation of corrective measures to mitigate the identified deficiencies
  
• Monitor compliance with internal Policies, Procedures and guidelines by performing gap analysis, regular checks and comprehensive compliance risk assessment and testing.
  
• Maintaining an effective support mechanism to enable closure of all compliance related exceptions raised within the Bank.
  
• Comply with AML/CFT/CPF policies and procedures, non-compliance of which shall be addressed as per the bank disciplinary processes.
  
• Centralize all information on compliance-related issues including breach of regulation, non-respect of code of conduct, Policies and Procedures and Conflict of interest.
  
• Educate and Train all staff with respect to compliance with the applicable laws, rules and standards.
  
• Establish and or supervise appropriate compliance checks and controls across the bank including the Agent network.
  
• Implement risk/compliance monitoring tools/maps including activities, triggers, probability and actions.
  
• Spearhead the implementation of internal controls and ensure that these are adhered to at all times.
  
• Perform any other duties as may be assigned from time to time.