Assistant Manager / Manager – Compliance

Role Summary

LB Finance PLC is looking for a proactive and detail-oriented professional to join our Compliance Department to uphold the highest standards of ethical business practices.

Key Responsibilities

• Ensure compliance with the regulatory requirements of the Central Bank of Sri Lanka (CBSL), Financial Intelligence Unit (FIU), and other applicable laws and regulations.
• Identify compliance gaps, recommend corrective actions, and escalate significant matters to Management and relevant Committees.
• Supervise the preparation and submission of statutory reports, including GoAML reporting and other regulatory returns within the stipulated timelines.
• Respond to requests and regulatory queries from the FIU, CBSL, and other regulatory or law enforcement authorities.
• Coordinate regulatory inspections, onsite examinations, and compliance reviews.
• Supervise compliance monitoring, branch audits, and AML/CFT reviews to ensure adherence to regulatory requirements and internal policies.
• Develop, review, and update compliance policies, procedures, and internal guidelines.
• Conduct compliance awareness programmes and training sessions for employees.
• Monitor regulatory complaints and coordinate timely resolutions with relevant departments.
• Provide compliance advice and support to business units on regulatory and operational matters.
• Perform any other duties assigned by the Compliance Officer or Management.

Requirements/Qualifications

• Bachelor’s Degree in Business Management, Finance, Law, Banking, or a related discipline.
• Minimum 4 years of experience in Compliance, Regulatory Compliance, AML/CFT, Risk, Audit, or a related function within a banking or financial services environment.
• Professional qualifications in Compliance, AML/CFT, Governance, Risk Management, or related disciplines will be an added advantage.

Location

Corporate Office

Application Instructions

If you are interested in joining a dynamic work environment, send your CV to careers@lbfinance.lk within 14 days of the advert. Please mention the position applied for in the subject line.