Manager-Compliance

Role Summary

This position is responsible for assisting in the creation and maintenance of a robust AML/CFT/CPF framework within the Bank by ensuring that all operations comply with stipulated regulatory requirements and established internal procedures/controls to meet all AML/CFT/CPF regulations and international best practices.

Key Responsibilities

• Carry out daily transaction monitoring through the Bank's AML systems and scrutinize transactions.
• Develop Suspicious Transaction Reports (STRs) in coordination with branches.
• Manage Know Your Customer (KYC), sanctions screening, beneficial ownership identification, Politically Exposed Person (PEP) identification, Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD).
• Liaise with relevant departments to resolve AML-related issues and review/update AML-related policies annually.
• Maintain and communicate updated PEP lists and ensure successful implementation and enhancement of AML systems/procedures.
• Perform annual bank-wide risk-based ML/TF/PF assessments and conduct compliance testing.
• Lead compliance reviews across branches, assess risk ratings, and report findings to relevant committees.
• Ensure timely follow-up actions related to compliance activities, review findings, and training programs.

Requirements/Qualifications

• Minimum 08 years of experience in the banking or financial sector.
• DABF / UGC recognized/approved degree or full professional qualification in Banking & Finance or Business Management.
• At least three years of experience in handling AML/CFT related compliance matters in a Bank or Financial Institution (Senior Executive level or above is an added advantage).
• Good communication and strong interpersonal skills, with effective team-work abilities.
• Strong analytical and problem-solving capabilities.
• Self-motivated and eager to learn existing and emerging compliance regulations and guidelines.

Salary/Benefits

An attractive remuneration package commensurate with experience and fringe benefits on par with the industry standards is available for the right person.