Head of Compliance Summary
Job vacancies in Ghana September 2021 for the position of a Head of Compliance at an Undisclosed Company
Head of Compliance Highlights
A reputable state-owned financial institution with branch network across the country seeks to invite applications from suitably qualified professionals to fill the below mentioned roles: Head, Compliance
Head of Compliance Responsibilities
Under the Supervision of the Managing Director, the successful candidate will be required to undertake functions, including but not limited to the following:
Assist with implementation and monitoring of the Banks compliance standards and applicable policies.
Promote a compliance culture and discipline in the Bank.
Provide support to the functional areas / departments in identifying compliance risks and emerging issues to their ongoing/proposed business activities
Ensure compliance with any applicable rules, regulations or obligations arising from applicable Ghana Banking regulations and the Banks policies.
Communicate changes to pertinent banking and government laws and regulations to the Business Line.
Perform appropriate monitoring activities to provide assurance on the effectiveness of compliance risk management plans and adherence to the bank compliance standards.
Escalate breaches and incidents in terms of appropriate escalation processes and appropriate participation in remediating actions to local management
Implement and manage effective monitoring and training programme that meet minimum compliance standards.
Provide support to the Departments in developing compliance related trainings and other tools to help employees fulfill their responsibilities.
Report the level of compliance risk, significant compliance issues, and risk trends to the Executive Committee and Board Sub Committee on Risk.
Refer issues of potential litigation risk to the Legal Department.
Qualification Required & Experience
Minimum of a good first degree from a recognised university. A second degree will be an advantage.
At least eight (8) years working experience in Banking Operations. Audit, Assurance, Risk Management or its equivalent.
Excellent knowledge/understanding of Accounting principles, procedures and financial reporting standards.
Very good working knowledge/ experience in banking environment. .
Excellent knowledge and understanding of Bank of Ghana prudential requirements and banking regulations.
Up-to-date with developments on compliance / risk issues within the banking landscape.
Sound understanding of Bank Risk Management principles and philosophy.
Ability to work with all levels of management and across functional area and departments.
Excellent analytical and problem solving skills coupled with decision making ability.
Computer literacy with strong functionality skills (excel, power point other financial/banking software applications).
How To Apply For The Head of Compliance Job
All interested applicants are required to submit their application and curriculum vitae clearly indicating the interested role to:
Closing Date: 10 September, 2021