A reputable bank seeks a suitable candidate to fill the role of Head, Compliance/AMLRO.

Key Duties and Responsibilities

• To oversee the bank’s compliance with all financial regulatory and ethical standards with zero tolerance for infractions.
• As AML/CFT and KYC champion, to drive general awareness of money laundering schemes and equip all staff to detect and report suspicious activities
• Provide compliance advisory support and guidance for the board and management, ensuring they remain informed of regulatory best practices and their obligations
• Develop, implement and monitor control systems to deal with violations of internal and external regulations and regularly assess the efficiency of these preventive mechanisms
• Investigate all breaches and near breaches of required regulations and report as required
• Provide proactive regulatory guidance to business units and support functions, tracking laws/regulations that might affect the bank and implement necessary changes
• Report on AML/CFT and KYC and modification measures put in place to address lapses
• Oversee the timely submission of all statutory compliance reports to management, board, bank of Ghana, financial intelligence centre and other regulatory partners
• Review and monitor structure for inernal reporting and investigation of suspicious transactions and external reporting to the financial intelligence centre

Qualification Required & Experience

• Minimum of first degree in Business Administration, preferably accounting or finance option
• A minimum of 7 years of working experience with 3 years in the role of AMLRO or compliance officer in a reputable bank or financial institution
• Certified Anti-Money Laundering Specialist (CAMS) certification is an advantage
• Demonstrated technical knowledge and expertise in corporate governance and financial regulatory issues
• High moral character with proven integrity
• Strong understanding of bank business and operations with considerable knowledge in local and international financial and other statutory regulations relevant to the banking industry