·         Review and approve all risk and compliance assessment reports and submit to the concerned organs.

·         Lead the development of risk tolerance limits and credit risk rating guidelines.

·         Promote forward looking risk management practice by leading the development and implementation.

·         Comprehensive risk identification and management framework.

·         Monitor compliance with Anti-Money Laundering and Counter Terrorist Financing requirements by all concerned bodies of the Bank.

·         Lead the design and implementation of risk and compliance communication strategy, training programs and other support to the Bank’s staff and management.

·         Liaison the Bank with external stakeholders on compliance issues, and respond to inquiries from regulatory organs, correspondent banks, payment associations and other stakeholders and lead regular loan review.

·         Monitor whether risk exposures of the Bank remain within acceptable limits and adherence of operating units with risk parameters and prudential limits.

·         Present risk and compliance assessment findings with recommendations and provide advice on risk and compliance management issues to the Board, Policy Committee and Senior Management.

·         Verify the accuracy, reliability and integrity of cash and suspicious transaction reports.

·         Lead special compliance and operational risk assessment on selected branches and other units of the bank for proactive mitigation of the potential risks observed.

·         Monitor new developments with regard to Anti-Money Laundering/Counter Terrorist Financing and other operational compliance requirements.

Generic Duties

·         Develop Departmental strategic plan and objectives and lead in their implementation.

·         Prepare Departmental work plans and monitor their execution.

·         Identify human resources requirements of the Department and recommend to Human Resource Department for recruitment.

·         Prepare budgets for the Department and track their implementation.

·         Develop policies and procedures for the Department and lead in their implementation and continuous review.

·         Review, approve and submit Departmental reports to relevant organs.

·         Coach and mentor employees within the Department towards effective career development.

·         Evaluate the periodic performance of his/her subordinates.

·         Manage disciplinary concerns of the Department staff.

·         Represent the Bank in external relationships related with the Department.

·         Take part in the Bank’s decision-making process by forming part of different panel/committee(s).

·         Willingness and ability to work effectively with a wide variety of people

·         Master’s degree in Management, Economics, Business Administration or related field, with six (6) years of experience of which two (2) years should be at supervisory position or 

·         Bachelor’s degree in Management, Economics, Business Administration or related field, with eight (8) years of experience of which two (2) years should be at managerial level

·         Full professional qualifications are desirable.

·         Specialist experience in Risk and Compliance Management and banking sector will an advantageous