Head of Legal & Compliance

Brief Summary

Join a dynamic team where you'll play a crucial role in managing compliance risks and upholding regulatory standards. This position offers an opportunity to make a significant impact while ensuring the integrity of operations.

Responsibilities

• Supervise the Legal & Compliance Department and oversee branch compliance risks. Maintain current knowledge of regulatory requirements, market trends, and industry best practices keep management informed of any changes affecting decision-making. Ensure adherence to the Compliance Program and internal policies in line with regulatory guidelines. Address potential litigation matters promptly, collaborating with management to mitigate risks. Liaise with regulatory authorities regarding compliance issues and ensure adherence to local regulations. Develop and implement compliance monitoring and KYC/AML programs tailored for the branch. Review the risk profile of new and existing accounts in compliance with KYC requirements. Conduct transaction monitoring and ensure proper business conduct within the unit. Prepare and submit reports to management on compliance monitoring outcomes and any identified deficiencies. Submit necessary reports to regulatory authorities and senior management as requested. Conduct training sessions to enhance understanding and foster a strong compliance culture. Manage external legal counsel engagements and coordinate the branch's legal affairs.

Requirements

• Recognized Full-Time University Degree. 8-10 years of relevant compliance experience in a corporate and private banking environment. Positive working attitude with strong interpersonal and communication skills. Excellent team player with the ability to communicate effectively.