Job Purpose:
The Officer - Compliance will support the Compliance function in ensuring the bank's operations adhere to regulatory requirements, internal policies, and industry best practices. The role contributes to maintaining a strong compliance culture and mitigating regulatory and operational risks across the organization.
Key Responsibilities:
- Assist in monitoring the bank's compliance with applicable laws, regulations, and internal policies.
- Support the review and implementation of compliance frameworks, policies, and procedures.
- Conduct basic compliance checks, reviews, and monitoring activities across business units.
- Assist in identifying compliance risks and escalating potential issues to senior team members.
- Support regulatory reporting and ensure timely submission of required compliance reports.
- Maintain accurate compliance records, documentation, and audit trails.
- Assist with compliance training initiatives and awareness programs for staff.
- Support internal and external audits, regulatory examinations, and inquiries.
- Collaborate with business units to provide compliance guidance on products, processes, and initiatives.
- Stay updated on regulatory developments and emerging compliance requirements affecting the banking sector.
Qualifications:
- Bachelor's degree in Law, Finance, Accounting, Business Administration, Economics, or any related discipline.
Other Skills:
- Basic understanding of banking regulations, compliance principles, and risk management concepts.
- Familiarity with regulatory requirements such as AML/CFT, KYC, and consumer protection standards.
- Strong attention to detail and analytical skills.
- Good written and verbal communication skills.
- Ability to handle sensitive information with confidentiality and integrity.
- Strong organizational and documentation skills.
