Head – Compliance-AFC 255 views

JOB DESCRIPTION

ROLE PROFILE

Reporting to the Managing Director – AFC Commercial Bank Limited; the Head Compliance will be responsible for ensuring compliance with best practices, standards and risk mitigation strategies which reflect regulatory expectations.

Duties and Responsibilities

• Developing and enabling a compliance management function through impiementation of strategy, structure and process.
• Supporting seamless integration of compliance management and providing input and ensuring accurate reporting and articulation of compliance risks.
• Promoting a compliance culture by advising, guiding and influencing transformation and provision of compliance risk monitoring programmes.
• Conducting compliance risk and control assessments by identifying and testing existing controls.
• Providing advice and support which enables management to make informed decisions, ensuring compliance best practice, standards and risk mitigation.
• Working with stakeholders, directly and through the compliance team to propose and agree actions required to mitigate key risks.
• Advising stakeholders on possible contraventions of compliance risks or related matters that may compromise business. ‘
• Leading and motivating the compliance team in their advisory and assurance awareness activities.
• Developing policies, procedures, governance frameworks and tools with focus on relevant risk legislation.
• Leading and overseeing delivery of Compliance training and human resources development.
• Representing and coordinating compliance at relevant meetings and committees with key regulators.

Job Skills and Competencies

• Strong technical background of regulatory requirements across commercial banking.
• Strong understanding of a range of compliance frameworks with ability to present findings of compliance reviews to stakeholders.
• Strong analytical background with the ability to analyse relevant legislation, engage with business on changes and identify potential
  impact.
• Strong communication skills, both orally and in writing across all levels of management.
• Ability to build successful relationships with a number of diverse stakeholders.
• Ability to operate effectively within a fast-paced organisation.

Qualifications and Experience

• A Bachelor of Laws, Risk and Insurance/Economics/Business Studies /Accounting or equivalent.
• Diploma in Compliance or Compliance Certification
• Master’s in Business Administration (MBA) /MBL or relevant Master of Science (MSc) is a distinct advantage.
• At least 5 years Compliance experience in the financial services sector at senior managerial level.
• Knowledge of commercial Banking business systems, rules and regulations is a distinct added advantage.