Associate Analyst/Analyst, Compliance, Finance

Monitor, assess and report on compliance risk across finance, treasury and payment systems operations functions to ensure the Bank’s compliance with external market and regulatory requirements as well as internal policies and procedures

Compliance and Controls

• Monitor relevant controls strategy to ensure that all business activities, including project/initiative implementations within the department are executed in accordance with market and regulatory requirements, internal policies and procedures to protect the Bank’s interest at all time. 
• Conduct compliance risk assessments on business activities within the department and effectiveness of compliance controls to ensure robust and effective risk management while continuously supporting business deliverables.
• Perform impact assessment on any exception/incident/issue identified and effectiveness of proposed process improvements to ensure effective business operations with no risk of re-occurrence.
• Monitor exceptions and prepare periodic reports for submission to senior management and relevant stakeholders.

Managing and Monitoring of Regulatory Requirements 

• Keep abreast and monitor developments/changes in market and regulatory requirements, conduct impact assessment and ensure the respective business owners within the department take necessary actions including incorporating the change(s) in rules, standards and laws into the Bank’s processes and procedures and implementation of controls to meet compliance requirements. 
• Coordinate the ‘Know Your Customer’ and due diligence requirements from the nostro and custodian banks and collaborate with relevant business owners to ensure the Bank complies with other markets’ requirements. 
• Facilitate annual independent assessment on security control requirements by the auditor/s including provision of required documents and ensure timely closure of gaps, if any, by the business owner for timely and accurate attestation by the Bank to meet SWIFT and RENTAS compliance requirements.

Treasury Fails Management

Identify and investigate treasury settlement issues and manage compensation cases to ensure that issues/cases are handled in line with internal guidelines and markets rules and standards to safeguard the Bank’s interest at all time

Academic Qualifications: 

Degree in Accounting, Finance or related disciplines. Professional qualifications (e.g., CPA, ACCA, CIMA, recognised risk/compliance certifications) and/or postgraduate qualifications are an advantage.

Experience: 

• Minimum 2-4 years of relevant experience in compliance, risk, audit, accounting or finance. Experience in compliance or risk role with exposure to treasury, SWIFT, RENTAS and finance operations is preferred.