Dcoro, Gwbcb
2 weeks ago
**Key Responsibilities**
**Drive Strong Operational Risk Management Practices**
- Identify significant business changes and where appropriate, coordinate and prepare the required analysis to review such changes and ensure proper mitigating controls.
- Support the Business Unit (BU) in risk identification, escalation & remediation.
- Identify recommendations to improve the quality of internal controls and for risk mitigations.
- Analyse errors, near misses and significant events to identify root causes.
- For operational risk-related matters, formulate and implement action plans to address control gaps/regulatory gaps/control weaknesses identified.
- Drive compliance with Group Non-Financial Risk Management (GNFRM) and ensure compliance with the BU’s internal policies and procedures, applicable banking laws/regulations/guidelines.
- Participate in the bank’s Risk & Control Self-Assessment (RCSA) program.
- Review and implement relevant internal Policies and Procedures and/or Standard Operating Procedures and ensure they are updated.
**Promote and Maintain Regulatory Compliance**
- Drive compliance with Group Compliance (GC)’s policies and procedures.
- Support RCU during the performance of gap analysis for the new and/or updated legal and regulatory requirements. Drive appropriate actions to close the gaps identified.
- Support the BU during audits & thematic reviews by internal/external stakeholders.
- Assist in driving the remediation of customer accounts in accordance with BNM’s rules & regulations.
- Go-to person for compliance and risk matters within the BU. Drive and participate in operational risk and compliance projects.
**Key Requirements**
- Degree in Business or Banking/Financial services related discipline.
- International Compliance Association (“ICA”) related certifications such as Advanced Certification in Anti-Money Laundering / Counter Financing in Terrorism (ACAM), Advanced Certification in Regulatory Compliance (ACRC) and Certified Internal Auditor (“CIA”), would be an added advantage.
- At least 10 years of work experience in regulatory compliance / risk & control role (First Line of Defence) or internal audit in a financial institution.
