Head of Risk/ Compliance and AML – Jomoro Rural Bank

• The Head of Risk, Compliance & AML will be responsible for the oversight of all aspects of Risk Management, Compliance and AML in accordance with the anti-money laundering and countering the financing of Terrorism (AML/CFT) Act, 2020 (Act 1044) and other relevant regulations.

• The Head of Risk, Compliance & AML will be responsible for the oversight of all aspects of Risk Management guidelines and the banks and specialized deposit-taking institutions act, 2016 (Act 930), as well as strict adherence with policies, procedures and regulatory requirements
• Profile and assess various forms of risks in accordance with the Bank of Ghana Risk Management Guidelines, the AML/CFT&P Act, 2020 (Act 1044) and other relevant regulations and guidelines
• Develop and implement risk management frameworks, policies and procedures to identify, measure and mitigate the significant risks of the bank.
• Ensure risk champions record risk incidents in the risk register and collate their reports into a consolidated risk report for the bank
• Report risk exposures and deviations from risk appetites with its relevant mitigation strategies to senior management and the board
• Conduct regular compliance audits on KYC/CDD and EDD of customers and recommend corrective actions for any breaches
• Supervise branch managers to ensure the evaluation of all generated alerts on the FCM portal and report n all suspicious transactions and activities to the financial intelligence centre (FIC) in fulfilment to the BoG & FIC AML/CFT&P guidelines
• Ensure timely preparation and submission of risks, compliance and AML/CFT reports to the board, bank of Ghana, the ARB Apex Bank and other relevant regulatory bodies
• Conduct effective risk and compliance training programmes for all staff at least twice every year
• Monitor and review control procedures and report on matters relating to exposures and deviations from risk appetite and risk tolerance levels to the board and senior management for appropriate action
• Advise senior management on compliance with the banks and specialized deposit-taking institutions Act 2016 (Act 930) and other applicable laws
• Lead the bank’s Anti-Money laundering (AML) and combating the financing of Terrorism (CFT) initiatives
• Investigate suspicious activities and transactions and file suspicious transaction reports (STRs) as required, to the FIC.

• A good first Degree in Accounting, Economics, Business Administration Finance, Banking or any relevant discipline from a recognized university plus at least 10 years in senior management position as a Risk and Compliance Manager

• A postgraduate degree in risk management, banking, accounting, finance or professional qualification in ACIB, ICAG, ACCA plus at least 7 years working experience in a banking environment with 4 years working experience in a banking environment with 4 years in senior management position as a Risk and Compliance Manager

• Good knowledge of Anti-Money Laundering Act, 2020 (Act 1044), Banks and specialized Deposit-taking institutions 2016 (Act 930) and other relevant compliance guidelines and standards
• Working knowledge of the T24 R20 Temenos Banking application software
• Excellent communication, interpersonal and presentation skills
• Strong analytical and problem-solving and leadership skills
• High level of integrity, confidentiality and ethical standards
• Ability to navigate the FCM portal
• Proficiency in Microsoft Office suite (Word, excel, PowerPoint)

JobDirecta