Key Responsibilities





1. Oversee compliance with and ongoing adherence to local rules and regulations as well as the bank’s Group regulatory standards, guidelines and internal procedures by the business and support units.



2. Liaise and manage relationships with regulators, internal and external auditors and bank personnel on matters relating to operational and compliance matters.



3. Coordinate with the business units to conduct self assessment of regulatory compliance using RCM Compliance Checklists.



4. Perform surveillance and monitoring activities of internal practices and procedures to ensure compliance.



5. Support the development of policies and procedures in accordance with best practice and regulatory requirements for other departments within the branch.



6. Ensure that all the bank’s Group Compliance policies and Code of Conduct are adhered to.



7. Provide technical advice, guidance, support and tailored feedback on regulatory issues and ensure that the bank’s businesses operate within regulations.



8. Developing, updating and maintaining the Anti Money Laundering (AML)/Combating Financing of Terrorism (CFT) policy and procedures in line with any changes made to existing laws.



9. Development and implementation of Know Your Customer form



10. Monitoring payment transactions for AML/CFT purposes using the Anti Money Laundering and Combating Financing of Terrorism system in compliance with local and bank’s Group standards.



11. Investigation of suspicious cases and providing opinion on the cases referred by Operations Departments.



12. Apprising the Bank management and staff of Central Bank regulations and other applicable laws, regulations and regulatory directives communicated by HO.



13. train and manage staff capable of accomplishing responsibilities related to the compliance and combating money laundering and financing of terrorism function.



14. Run the day to day duties of the department as well as any other tasks assigned by the Management.

Job Details

Preferred Candidate

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