Branch Compliance Officer

Job Description

Ensuring compliance with the relevant Anti-Money Laundering and Combating the Financing of Terrorist (AML/CFT) and legislations governing related activities within the branch/cluster. To manage and support the Bank’s compliance risk management strategy by monitoring and enforcing regulatory compliance and compliance with the Bank’s laid down rules within the branch/cluster. Timely resolution of compliance issues emanating from the branch/cluster in line with all applicable regulatory requirements and internal policies and liaising with the Head Office as necessary. Support the implementation of all applicable Compliance and AML/CFT programs at the branch/cluster level

• Ensure all compliance reports are timely prepared timely, are adequate and appropriately documented.
• Submit monthly reports on compliance status of the branch/cluster, compliance breaches & issues as part of monthly Branch Compliance report.
• Report the compliance issues raised in the branches under purview and initiatives implemented.
• Report on KYC monitoring review and raise critical exceptions.
• Liaising with applicable regulators, Law enforcement agencies and other Governmental bodies and ensure good relationships with the same.
• Conduct visits (where necessary) to regulators/law enforcement agencies to improve and manage relationships.
• Achieve zero infringement of processing letters from LEA within stipulated time.
• Proactively engage business on identified or perceived compliance/regulatory risk issues and proffer solutions for effective management.
• Collaborate with business and provide compliance risk management guidance during the strategy planning and review sessions

Qualifications

• BSc Social Science or related field.
• Relevant professional certification can be an added advantage

Experience:

• In depth knowledge and understanding of applicable regulations as well as internal compliance related policies and procedures.
• Understanding of the nature of the business and products in the banking environment.
• Ability to take the understanding of business needs and operations and to translate it into risk management solutions.

Additional Information

Behavioural Competencies:

• Articulating Information
• Challenging Ideas
• Convincing People
• Developing Strategies
• Embracing Change
• Empowering Individuals
• Exploring Possibilities
• Interacting with People
• Interpreting Data
• Making Decisions
• Providing Insights
• Upholding Standards

Technical Competencies:

• Evaluation of Internal Controls
• Financial Acumen
• Financial Industry Regulatory Framework
• Legal Compliance
• Process Governance
• Risk Awareness