Deputy Head of Compliance at Zormelo & Associates

• 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

Key Responsibilities

• 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