New Interim Head of Compliance position. Reporting to the CRO, this role requires expertise in regulatory compliance to support the Bank’s strategic objectives and evaluate relevant regulations. Responsibilities also include serving as the Data Protection Officer, holding SMF16 accountabilities, and being a key member of the Bank’s Senior Management Team.
The ideal candidate will have a degree or relevant professional qualification and a minimum of ten years’ experience in compliance within financial services. A broad understanding of the banking risk and compliance landscape and experience engaging senior management on compliance matters are essential.
Key responsibilities include:
*Conducting independent compliance reviews for senior management and Board Committees, with a focus on regulatory compliance, Anti-Money Laundering, Counter-Terrorism Financing, Anti-Fraud, and Anti-Bribery and Corruption.
*Maintaining a forward-looking compliance monitoring plan and leading second-line compliance activities within this plan.
*Developing policies on compliance to meet regulatory standards and best practices, and establishing effective processes for assessing and managing compliance activities.
*Developing compliance frameworks to ensure the Bank’s operations align with regulatory standards and maintaining policy and procedure consistency with regulatory expectations.
*Monitoring and reporting on regulatory conduct, providing independent evaluations of risk management and control frameworks from a compliance perspective.
*Overseeing compliance-related training across the Bank.