Compliance Executive

Executive - Compliance

Company: Pan Asia Banking Corporation PLC

Department: Compliance Department

Job Profile:

• Ensure the timely, accurate, and complete submission of FinNet reports and other regulatory returns to relevant authorities.
• Review and monitor compliance with Banking Act Directions, regulatory requirements, and applicable laws and regulations.
• Conduct functional and departmental compliance reviews in line with the Annual Compliance Monitoring Plan.
• Review, analyze, and investigate AML/CFT alerts to identify unusual or suspicious transactions and escalate findings where necessary.
• Perform periodic reviews of AML monitoring systems to ensure alerts are generated appropriately based on defined risk scenarios.
• Assist in monitoring compliance risks, identifying regulatory gaps, and recommending corrective actions.
• Support the implementation of compliance initiatives, policies, procedures, and awareness programs across the Bank.
• Liaise with internal stakeholders and regulators on compliance-related matters when required.

Candidate Prerequisites:

• Full/part qualification from a recognized professional body in Banking, Finance, Compliance, Audit, Risk Management, or a related field.
• Possession of a Bachelor's Degree/Master's Degree from a recognized university in Law, Finance, Economics, Banking, Business Administration, or a related discipline would be beneficial.
• Minimum 05 - 06 years of experience in a similar context in a commercial banking environment. Experience in regulatory reporting, compliance monitoring, and review processes is essential.
• Sound knowledge of CBSL Banking Act Directions, regulatory requirements, and governance frameworks applicable to the banking industry.
• Strong knowledge of AML/CFT, Countering Proliferation Financing (PF) regulations, Customer Due Diligence (CDD), and transaction monitoring processes.
• Strong analytical, investigative, and problem-solving skills with meticulous attention to detail.
• Excellent communication, report writing, and stakeholder management skills.

Remuneration:

The successful candidates will be provided with an attractive remuneration package including fringe benefits, commensurate with industry standards.

How to Apply:

If you possess the required qualifications and experience and are passionate about regulatory excellence, apply with your updated resume through our career portal before the deadline. Only shortlisted candidates will be contacted.