Compliance Manager

MAIN DUTIES & RESPONSIBILITIES:
RISK MANAGEMENT
Ensuring the development, implementation, and ongoing maintenance of a risk assessment
framework
Monitoring and updating policies and procedures for risk measures in the various business units.
Monitoring the risk register and identifying potential changes in the environment affecting the
segment.
Ensuring risk registers align with key business objectives.
Providing support to risk owners in defining and rating risks.
Communicating industry and regulatory updates and assisting in third-party due diligence.
Conducting risk assessments for all business units.
Reporting on risk assessments, trends and control weaknesses to senior management.
Overseeing and monitoring the closure of internal/external audit matters.
Conducting self-audits to ensure adequacy of controls and compliance with policies and procedures.
Assisting in annual business continuity planning (BCP) activities, including risk assessments, business
impact analysis, and testing exercises.
Facilitating risk management training to increase awareness and participation at the entity level.
Supporting the building of a risk culture in keeping with the stipulations of the FSC and other
regulatory bodies.
Performing any other duties assigned.

COMPLIANCE
Updating policies, procedures, and programmes including those related to Anti- Money Laundering
(AML), Counter-Financing of Terrorism (CFT) and Counter-Proliferation Financing (CPF) compliance.
Ensuring staff are trained, at least annually, on AML/CFT/CPF and fraud awareness.
Assisting in the development and revision of compliance matrices, programmes and policies to
reflect changes in the organization’s needs, laws, regulations, and procedures related to compliance
issues, at least annually, or as required.
Informing and training staff on changes to policies and procedures
Monitoring and testing, on an ongoing basis, the effectiveness of the compliance programmes and
the taking of the required corrective actions when and where required.
Ensuring the completion and timely submission of all regulatory reports to the responsible bodies
within the respective territories.
Conducting testing of new and pre-existing policies to ensure they are operationalised and
maintained in accordance with the established policies and laws.
Conducting of AML/CFT/CPF compliance assessments across the organisation.
Ensuring all records are kept safely and securely to ensure the timely retention, retrieval and
destruction of documents as per applicable legislation.
Ensuring policies opened for high-risk customers are reviewed on an ongoing basis.
Performing any other duties assigned.

REQUIRED QUALIFICATION, EXPERIENCE, KNOWLEDGE AND SKILLS:
o A professional anti-money laundering certificate (ex. Certified Anti-Money Laundering Specialist)
o A professional risk management certification
o Bachelor’s degree in Risk Management, Management Studies, Finance, Accounts or equivalent
o Strong working knowledge with understanding and interpreting legislation
o Three (3) years’ experience in a similar capacity
o Knowledge of the Regulations and Acts governing the Financial Services industry
o Knowledge of the various regulations governing AMLA/CFT/CPF
o Sound knowledge of the Financial Services industry
o Facilitating the identification and mitigation of enterprise risk
o Proficiency in Microsoft Office suite, e.g. WORD, EXCEL, POWERPOINT
o Strong understanding of the use of information technology and the operation environment in
financial institutions
o Strong communication and presentation skills
o Ability to develop policy and procedure documentation.
o Excellent interpersonal and analytical skills.
o Ability to maintain a high level of integrity and confidentiality.
o Ability to work in a fast-paced environment.