Senior Compliance Officer

Education

i. Honors Bachelors’ degree in Business, finance or related field.

ii. Thorough understanding of the financial services sector, regulatory framework, Bank Policies and Procedures.

iii. Professional qualification in any of Governance, Compliance and Conduct, AML/CFT, Financial Crime Risk and Regulation, fraud Examination or any other related Professional discipline (is an added advantage).

Work Experience:

A minimum of 3 years of experience in a similar or related role in the areas of Compliance, financial crime, Auditing, Fraud and investigations preferably in a busy commercial banking environment.

Desired Knowledge, Skills& Abilities:

• Good analytical skills

• Attention to detail

• Good interpersonal skills, ability to listen, communicate and train.

• Self-monitoring and ability to travel

• Team player

• High performer with proven track record

• Not undergoing any disciplinary action

• High level of integrity

Role Profile

Coordinate and supervise the activities of the Compliance Officer Monitoring.

• Identify and assess the compliance risk associated with the organization’s current and proposed future business activities, including new products, new business relationships and any extension of operations on a network or international level.

• Identify and keep an inventory available to all staff of essential laws and regulation pertinent to the organization;

• 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, ensure a follow-up of any identified deficiencies, make recommendations for amendments, where necessary, and supervise the implementation of corrective measure to mitigate the identified deficiencies;

• Monitor compliance with internal Policies, Procedures and guidelines by performing regular and comprehensive compliance risk assessment and testing

• Develop and maintaining and 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 (ex: 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.