About this role
• Perform and initiate annual compliance review plan, taking into consideration of the following: • Approximately 208 branches nationwide • Health checks for business/functional areas across the bank • Gap assessments on new and/or revised regulatory requirements • Forward-looking, current or emerging risk relating to regulations across all sectors • New regulations that have been issued and/or updated by the regulators and fully implemented by the Bank within the past year • Past incidences / non-compliances
• Always keep abreast with the latest regulatory updates, trends and best practices. • Collaborate with management to appropriately evaluate and investigate compliance issues/concerns identified during the review. • Conduct exit meetings with management to articulate any compliance issues/concerns. • Work closely with BCOs/BRCOs and the management to develop/implement corrective action plans for resolution of compliance issues/concerns. • Monitor the performance of the annual compliance review plan and ensure appropriate steps are taken to accommodate any ad-hoc activities/requests from the regulators. • Ensure reporting of non-compliances or potential non-compliances are documented and reported to Board and Management. • Provide reports on a regular basis, and as directed or requested, to keep the Board and Management informed of compliance issues/concerns. • Responsible for management of team members within the team, facilitating workflow and capacity management at team-level. Coach those within their team and help them to develop their careers. Resolve escalated issues raised by the team members.