Job description

The role assists in planning and executing bank-wide compliance reviews for processes and products, ensuring appropriate controls are designed and aligned with regulatory requirements. Responsibilities include managing assessments, reviews, and advisory activities for new and existing products, activities, and processes from a regulatory obligations perspective, and obtaining guidance from the Head of Regulatory Compliance for compliance program implementation. The role supports establishing and monitoring objectives to enhance the compliance unit’s effectiveness, supervises assessments of regulatory risks from new regulations, and reviews existing controls to ensure mitigation. It involves planning and managing work programs to regularly review control design, communicating compliance review observations to the Head of Regulatory Compliance, highlighting critical issues, and ensuring timely follow-ups with departments under review. Additional duties include communicating with regulators to obtain clarifications and approvals, managing receipt and dissemination of regulatory directives, and maintaining the regulatory obligations register. The role also oversees reviews and updates of governance-related policies including personal trading, related party transactions, and whistleblowing, recommending changes based on regulatory updates. It assists in managing regulatory compliance staff and ensures tasks and projects adhere to approved policies, procedures, SLAs, and regulatory requirements to maintain quality standards and mitigate risk.