Senior Deputy Manager - Regulatory Compliance (Regulatory Relationship & Change Management)

Senior Deputy Manager - Regulatory Compliance (Regulatory Relationship & Change Management)

National Development Bank PLC

The key responsibilities encompass managing a healthy regulatory relationship with the regulators to the Bank as well as lead the Bank's regulatory change management process.

The Job

• Liaise with the Departments of CBSL on statutory examinations / for any advisory related assistance
• Implement a structured process by which the Bank proactively identifies, assesses, implements, and monitor applicable legal and regulatory developments and changes and thereby ensuring that the Bank remains compliant with evolving regulatory requirements while minimizing operational disruptions
• Manage compliance risks faced by the bank in developing and implementing processes to ensure that the operations of the Bank are conducted in accordance to applicable laws and regulations and thereby minimizing the risks of non-compliance
• Assist the Business Advisory Pillar in clearing doubts on all applicable laws, regulations, directions, and guidelines issued by the CBSL
• Take part in stakeholder discussions in relation to Directions implementations / brainstorming sessions
• Handle the internal audit and other Non CBSL supervisory examinations (Ex: SEC, EY)
• Deal with the Business Assurance Officers (BAOs) and the Compliance Coordinators and being the key contact point for Compliance related matters
• Continuously monitor new laws and industry standards and communicate to relevant stakeholders with timely updates to policies, procedures, and controls
• Coordinate with stakeholders on implementation of the 'Regulatory Universe' for the bank ensuring proper accountability and Risk ownership
• Manage an updated repository on all CBSL Directions / Regulations in a timely manner
• Review new Product Program Guidelines and Policies to ensure that they are in line with compliance requirements
• To ensure proper retention and record keeping of all regulations and correspondence from regulatory bodies
• Keep the business abreast with the evolving regulatory changes promptly ensuring business opportunities are perceived and mitigate violations
• Ensure the safe keeping of all Compliance related critical documents of the bank
• Be the key Compliance Stakeholder in handling Regulated products related matters with stakeholders
• Steering the Compliance Risk management program to continuous development
• Ensure that Regulations issued by CBSL from time to time are circulated to the relevant Departments with such explanatory notes and internal circulars where necessary
• Advise management on compliance risks and recommended corrective actions

The Person

• Possesses a Certification in Field of Compliance
• Professional qualification in Banking, Finance, law and/or Compliance or any other discipline and Certification in compliance will be an added advantage
• Possesses 8+ years of experience in regulatory compliance in the financial services or a related field
• Possess a sound knowledge on laws relating to banking, financial regulations, AML, KYC and familiarity in financial systems
• Proficiency in spoken and written communication in English. Strong report writing skills to articulate compliance matters clearly and concisely to stakeholders
• Excellent problem-solving skills, Analytical Skills with Excel database management techniques
• Ability to work to deadlines, under pressure
• Strong organizational skills to manage the systemic identification, interpretation and integration of the regulatory universe

The position is at Senior Deputy Manager Level.

Please login to https://www.ndbbank.com/careers to apply on or before 20th August 2026.