Compliance Officer

Job Description

You will support all aspects of the compliance function and assist the Compliance team in carrying out related responsibilities including the following:

Monitor and assess the company’s compliance with relevant laws, regulations, and internal policies.
Develop and maintain a comprehensive compliance program to address key risk areas and ensure that all employees are aware of their compliance obligations.
Conduct quarterly internal audits and risk assessments to identify potential areas of non-compliance or vulnerabilities and recommend appropriate corrective actions.
Collaborate with various departments to ensure that compliance is integrated into business processes and decision-making.
Stay up-to-date with industry trends, regulatory changes, and best practices to proactively address potential compliance challenges, and update all policies documents, including KYC and AML policies, accordingly.
Coordinate Board and sub-committee meetings and liaise between the Board and management.
Design and deliver compliance training programs for employees at all levels to enhance their understanding of compliance issues and responsibilities.
Investigate and respond to compliance-related complaints, concerns, and incidents in a timely and appropriate manner.
Maintain accurate and organized records of compliance activities, reports, and documentation.
Prepare and submit compliance reports to senior management and regulatory authorities as required.
Act as the primary point of contact with regulatory agencies and external auditors during compliance audits and examinations, and in all other matters regarding regulatory agencies.
Participate in the development and implementation of internal policies and procedures to improve overall compliance effectiveness.
Advise management on compliance matters and provide recommendations to mitigate risks and maintain a culture of ethical conduct.

WHO WE’RE LOOKING FOR

A dynamic individual with the following qualities and qualifications:

Bachelor’s degree in Business, Law, Finance, or a related field. A relevant master’s degree may be a plus.
One (1) to Three (3) years’ proven work experience as a Compliance Officer or a similar transferrable role. Experience in the banking sector is preferred but not mandatory.
In-depth knowledge of relevant laws, regulations, and industry standards related to the financial sector.
Strong analytical and problem-solving skills with a keen attention to detail.
Ability to interpret complex regulatory requirements and translate them into practical, actionable guidelines for the organization.
Excellent written and oral communication skills and interpersonal skills to interact effectively with employees at all levels of the organization.
Demonstrated ability to work independently and collaborate with cross-functional teams.
Integrity, ethical mindset, and a commitment to promoting a culture of compliance within the organization.