Manager Risk and Compliance

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• Identify and assess the compliance risk associated with the institution’s current and proposed future business activities including new products, systems, new business relationships, and any extension of operations or network on a national and international level. • Identify and keep an inventory available to all staff of essential laws and regulations, internal policies, manuals, guidelines and procedures pertinent to the organisation. • Identification and reporting of any internal, regulatory, statutory compliance breaches or gaps. • Assess the appropriateness of internal policies, procedures and guidelines, ensure a follow up of any identified deficiencies, make recommendations for amendments, where necessary, and supervise the implementation of corrective measures to mitigate the identified deficiencies. • Monitor compliance with internal policies, processes, procedures and guidelines across all business units, branches by performing regular and comprehensive compliance risk assessment & testing, portfolio reviews and report the results on a regular basis promptly. • Train/educate all staff with respect to compliance with applicable laws, rules and standards and act as advisor on compliance queries from staff members. • Ensure development of an effective internal compliance culture by promoting the benefits of ethical business conduct and compliance. • Liaise with relevant external bodies and regulators on compliance matters, exercise any specific legal responsibilities such as reporting suspicious transactions related to money laundering and the fight against terrorism financing. • Preparation and submission of a return to the regulator on risk classification of assets and provisioning. • Establish and / or supervise appropriate compliance checks and controls. • Maintain an effective support mechanism to enable closure of all audit issues, compliance related exceptions raised within the institution. • Develop annual work plan • Implement risk/ compliance monitoring tools / maps including activities, triggers, probability and actions. • Spearhead the implementation of effective internal controls and ensure that these are adhered to. • Prepare, submit and present periodic (Weekly/Monthly/Quarterly/Annual) risk and compliance reports to enable informed decisions.