Reports to:Head of Risk
The Position
Reporting to the Head of Risk, the Compliance Risk manager will be responsible for driving bank-wide compliance risk program in order to comply with self-regulation, regulatory guidelines and best practices of compliance.
Key Responsibilities
Act as an advocate and champion of the compliance risk program in the bank and provide advice on compliance matters to assist Managers in discharging their duty to ensure effective compliance regime;
Ensure there is an effective and consistent system of discipline to address findings of misconduct and weaknesses in compliance timely, and an evaluation and/or incentive system that promotes compliance is in place;
Act as a coordinator between other units and the bank's Money Laundering Reporting Officer (MLRO), conduct AML trainings and coordinate review/ monitoring of all Suspicious Transactions Reports;
Coordinate and consistently track! follow up all issues raised and/or those which arise during reviews carried by internal/external auditors, group auditors, and regulators until fully resolved;
Establish, maintain and manage the bank's compliance database and use this information to provide timely/ appropriate awareness, training/ coaching to staff;
Periodically review and revise bank policies and procedures to achieve compliance with applicable regulations, policies and procedures in consultation with Head of Risk;
Develop and coordinate training programs that focus on elements of the Compliance Risk Program, and other policies, procedures, rules, regulations and laws governing the bank;
Investigate complaints or reports of incidents which may violate bank policies and procedures, the Code of Conduct or other rules, regulations and laws which govern the conduct of employees and those who do business with the bank;
Ensure appropriate information on compliance risk program is generated, maintained and the reports are produced for submission to Head of Risk, Managing Director, Excom and Board Risk Committee;
Keep current with bank compliance risk best practices and represent the bank in external compliance forums.
Qualifications / Experience
First degree preferably in Business related disciplines or Law.
Minimum 2 years experience in anyone of the following areas: - compliance, operational risk and/or bank audit.
Knowledge and understanding of the AML Act, 2006, AML Regulations (2007), Financial Action Task Force, USA PATRIOT Act and Anti-Money Laundering processes methodologies is required.
Knowledge of BFIA, 2006, the Banking and Financial Institutions Regulations, 2008, BOT Circulars and other relevant regulations
Certified Professional Bankers (TIOB) will have an added advantage.
Key Competencies and Attributes
Excellent Interpersonal skills; Strong analytical skills;
Excellent report writing, presentation and communication skills; Leadership and very objective judgment skills;
Negotiation skills;
Investigative skills
Application Instructions:
Interested candidates who clearly demonstrate the ability to meet the criteria given above should submit electronically an updated detailed CV with current telephone contacts, email address and three professional referees to: hr@tz.kcbbankgroup.com
Deadline: May 31, 2012
No comments: