· Review and approve all risk and compliance assessment reports and submit to the concerned organs.
· Lead the development of risk tolerance limits and credit risk rating guidelines.
· Promote forward looking risk management practice by leading the development and implementation.
· Comprehensive risk identification and management framework.
· Monitor compliance with Anti-Money Laundering and Counter Terrorist Financing requirements by all concerned bodies of the Bank.
· Lead the design and implementation of risk and compliance communication strategy, training programs and other support to the Bank’s staff and management.
· Liaison the Bank with external stakeholders on compliance issues, and respond to inquiries from regulatory organs, correspondent banks, payment associations and other stakeholders and lead regular loan review.
· Monitor whether risk exposures of the Bank remain within acceptable limits and adherence of operating units with risk parameters and prudential limits.
· Present risk and compliance assessment findings with recommendations and provide advice on risk and compliance management issues to the Board, Policy Committee and Senior Management.
· Verify the accuracy, reliability and integrity of cash and suspicious transaction reports.
· Lead special compliance and operational risk assessment on selected branches and other units of the bank for proactive mitigation of the potential risks observed.
· Monitor new developments with regard to Anti-Money Laundering/Counter Terrorist Financing and other operational compliance requirements.
Generic Duties
· Develop Departmental strategic plan and objectives and lead in their implementation.
· Prepare Departmental work plans and monitor their execution.
· Identify human resources requirements of the Department and recommend to Human Resource Department for recruitment.
· Prepare budgets for the Department and track their implementation.
· Develop policies and procedures for the Department and lead in their implementation and continuous review.
· Review, approve and submit Departmental reports to relevant organs.
· Coach and mentor employees within the Department towards effective career development.
· Evaluate the periodic performance of his/her subordinates.
· Manage disciplinary concerns of the Department staff.
· Represent the Bank in external relationships related with the Department.
· Take part in the Bank’s decision-making process by forming part of different panel/committee(s).
· Willingness and ability to work effectively with a wide variety of people
· Master’s degree in Management, Economics, Business Administration or related field, with six (6) years of experience of which two (2) years should be at supervisory position or
· Bachelor’s degree in Management, Economics, Business Administration or related field, with eight (8) years of experience of which two (2) years should be at managerial level
· Full professional qualifications are desirable.
· Specialist experience in Risk and Compliance Management and banking sector will an advantageous