Proactive HR Services

Our Client in the Global Business is seeking a Senior Executive – Risk and Compliance

Job purpose

To assist the Senior Manager – Risk and Compliance in ensuring that the Risk and Compliance department completes all assignments in a timely manner.

Main responsibilities

• Ensure that the Risk and Compliance dept. completes all assignments in a timely manner.

• Perform any second line of defense reviews (inclusive of file and transaction monitoring) as mandated by the AML/CFT policies and procedures and follow up on the remediation of non-compliance matters.
• Perform and draft Enhanced Due Diligence reports.

• Ensure that the regulatory watch is done weekly and circulate the Communiques/Notices each week to the Company.
• Perform ongoing screening and resolve alerts daily.
• Ensure independent sample verifications with respect to list of sanctions.
• Conduct employee training with respect to AML/CFT policies and procedures.
• Assist in the risk assessment and monitoring procedures.
• Assist in drafting response to regulatory enquiries and third-party examiners.
• Interact with various departments within the organization to ensure application of the AML/CFT policies and procedures.
• Supervise, monitor, and coach any Risk and Compliance trainee and Executive.
• Attend Internal Meetings and ensure proper minutes are drafted promptly.
• Assist in performing AML/CFT investigations.
• Assist in audits.
• Assist in the completion of the Risk and Compliance report for the Audit and Risk Committee purposes.
• Maintain the PEP register.
• Ensure application of the requirements of the Data Protection Act.
• Special projects as necessary.
• Act as the Deputy Money Laundering Officer on the Special Licensed entities.

Experience and Qualifications:

• At least 6 years in the Risk and Compliance field (Banking or Financial Services Industry).
• Holder of a relevant degree (e.g., Management, Law, International Business, Finance)

Preferably LLB or LLM; or

Member of the Association of the Certified Anti-Money Laundering Specialist (ACAMS); or

BSc in Law and Management and member of a professional body or equivalent qualifications.

• Strong understanding of KYC/CDD procedures.
• Good insight into local and international regulatory trends/initiatives.
• Conversant with applicable laws and regulations in the Global Business industry. Ongoing development of technical knowledge.

Proactive reserves the right:

To call only the shortlisted candidates for interview.

Not to make any appointment following this advertisement nor to assign any reason whatsoever for accepting or rejecting any candidate.