Sr.Compliance Manager-Retail Assets

Job Description:

Job Purpose:

The role entails the responsibility to ensure bank's policies and procedures comply with regulatory and ethical standards. It includes evaluating all current and new compliance regulations, reviewing bank's processes, and leading training sessions.

Roles & Responsibilities:                                                                            

• Oversee all business operations relating to compliance including policies, investments, and procedures.
• Design and monitor control systems to deal with violations of legal rules and internal policies.
• Regularly assess the efficiency of control systems and recommend effective improvements.
• Review and evaluate bank's procedures and reports to identify hidden risks or common issues.
• Perform periodic audits on company procedures and processes, maintain and organize compliance records.
• Draft compliance checklists, manuals, and other regulatory documentation
• Coordinating with different departments leads to review all departmental compliance policies.
• Liaise with the senior management to ensure proper implementation of compliance policies.
• Act as a confidential point of contact for employees to seek clarification on compliance issues, or report irregularities.
• Initiates investigations, when possible, non-compliance takes place within the bank.
• Facilitate employee training sessions on legal and compliance issues.
• Supervise compliance officers and team, share best practices.
• Leverage in-house synergies through collaboration with internal stakeholders.
• Keep abreast of regulatory developments within or outside of the bank as well as evolving best practices in compliance control.
• Create an environment that promotes collaborative learning and collective ownership of responsibilities.