Head of Compliance

Responsibilities:

• Design and implement a comprehensive compliance program aligned with regulatory standards.
• Act as a business advisor, guiding internal management on compliance strategies and implementation.
• Handle all regulatory filings, including STRs/SARs, and liaise with local regulatory authorities.
• Monitor regulatory changes and ensure ongoing compliance with applicable laws, codes of conduct, and best practices.
• Conduct compliance audits and assessments to evaluate adherence to policies and regulations.
• Develop and facilitate compliance risk assessment training for stakeholders.
• Collaborate with the Chief Compliance Officer (CCO) on cross-functional responsibilities and initiatives.
• Develop and execute a compliance risk management plan and maintain an updated risk register.
• Conduct enterprise-wide AML/CFT risk assessments, evaluating customer base, product offerings, delivery channels, and operational locations.
• Monitor key risk indicators, analyze trends, and address emerging risks proactively.
• Collaborate with departments to establish effective controls and risk mitigation strategies.
• Prepare and present compliance risk reports to senior management and stakeholders.
• Implement and maintain a robust internal control framework to mitigate compliance risks.
• Collaborate with internal audit teams to address regulatory audit findings and support audit activities.
• Monitor the effectiveness of governance structures and internal controls, providing regular updates to senior management

Requirements:

• Bachelor’s degree in Law, Finance, Business Administration, or a related field; professional certifications in compliance, risk management, or internal audit (e.g., CAMS, CRCM) are an advantage.
• Minimum of 7–10 years of experience in regulatory compliance, risk management, or internal controls within the financial services sector.
• In-depth knowledge of AML/CFT regulations and compliance frameworks.
• Strong understanding of enterprise risk management principles and internal control systems.
• Exceptional analytical and problem-solving skills with the ability to address complex compliance challenges.
• Proven ability to collaborate across departments and manage relationships with regulatory authorities.
• Excellent communication and presentation skills for reporting to stakeholders and senior management.
• High ethical standards and attention to detail in managing sensitive regulatory matters.