Head of Legal Compliance

New Yesterday

Compliance and Financial Crime:

•Responsible for developing and maintaining Compliance culture within the Bank.

• Create, review and update Compliance policies and procedures in line with regulatory

guidelines.

• Programme for Compliance Training and competency development.

• Horizon Scanning and mapping of regulations with relevant business and operations.

• Create, review and update of policies and procedures pertaining to Financial Crime

areas including KYC, AML, Sanctions, ABC and Fraud.

• MLRO Report covering Enterprise-Wide Financial Crime Risk Assessment and oversight

plan.

• Developing a risk-based Compliance Monitoring Plan (CMP).

• Implementation and review of CMP across departments and branches.

• Follow up on action points emanating from Compliance Oversight Reviews.

• Periodic reporting of KRIs and KPIs to Board Risk Committee / Group Compliance.

• Liaising with internal and external stakeholders including regulators.

• Maintain and update management responsibilities map.

• Oversight of frauds, including pursuing legal / criminal action.

• Periodical oversight of product features / policies / procedures to ensure adherence to

regulatory requirements.

• Review marketing initiatives / campaigns to ensure adherence to regulatory

requirements.

• Accountability and responsibility from all functionaries of Legal & Compliance

department and to ensure that appropriate mechanism is put in place for these to be

duly accounted for in performance reviews of concerned employee and

• Mapping of competencies, identification of gaps in skillsets / knowledge and arranging

training to address gaps identified.

Legal:

• Review of legal agreements.

• Legal advice through internal and external sources.

• Maintaining external panel of solicitors; and manage litigations

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