Zormelo & Associates is a Management and Development Consulting firm which works with both private and public sector clients to create world class companies and institutions through advisory services in human resources management, economic and social development projects and capacity building.
A Bachelor’s degree or an equivalent professional qualification.
A minimum of ten (10) years banking experience in a similar role.
Must have knowledge of compliance issues and have cross-functional business vision.
Risk management and analysis skills .
Candidate must have excellent report writing and presentation skills
Must have good Knowledge of Excel, Word, PowerPoint, Outlook, Microsoft Office Project and Core Banking Applications.
Must have good work ethics and ability to handle sensitive information with discretion
Identify the non-compliance risks of the entity and ensure the implementation of the appropriate prevention measures, specifically the main principles of the Group compliance and local laws and regulation
Ensure the existence and application of all appropriate compliance procedures and instruction (Group rules and local legal regulatory requirements)
Advise operational staff on financial crime, regulatory compliance, ethics, reputation risk and provides an opinion to the New Product Committee
Monitor the compliance issues and ad- hoc remediation action
Monitor (following local organization) and implement the audit and inspection conclusions and recommendations concerning compliance
Ensure the adequacy of available resources within the compliance function and expectations regarding local compliance.
Specifically, in terms of financial crime, the Deputy Head of Compliance will focus on:
Deployment and implementation of financial crime instructions / procedures
Establishing appropriate relationships with other support functions and assists them with any challenges related to financial crime perimeter
Handling cases with an elevated risk rating (high and med high risk) AML – CFT
Disclosing suspicious activities to the appropriate authorities
Responsible for financial crime reporting
Ensuring the adequacy of available resources and expectations