Duties and responsibilities

• Keep up to date with, and understand relevant laws and regulations
• monitor compliance with laws, regulations and internal policies and procedures
• Review, inspect and report on various operations undertaken by branches and departments within the bank to ensure that these are in compliance with established policies and procedures
• Carry out head office and branches compliance onsite and off-site assessments review to ensure that controls are working and policies and procedures are well known to the staff
• ensure that your findings are recorded and followed up with management so that issues can be rectified
• educate employees on not only the regulations, policies, and procedures but also the impact to the bank if these are not complied with
• Collaborate with other departments to create a culture of compliance
• Ensure AML and KYC policies are in place and the bank adhered on
• Ensure timely, efficient reporting of suspicious transactions
• Monitor and provide advice to management to minimize risk resulting from poor internal controls
• Compiling an inventory of existing policies and procedures
• Ensure preparing of policies and procedures and updating, revising to reflect current practices where necessary
• Assist in providing awareness training on controls, policies, procedures and AML/TF