Head, Regulatory Compliance and Risk At Financial Technology


Job Description/Requirements

Primary Duties and Responsibilities:



  • Ensure that there is an effective system of internal controls in place to prevent and detect fraud, misappropriation, and misapplications.
  • Identify and recommend improvement initiative to existing procedure and activity across business unit while ensuring adherence to relevant regulations and code of practice.
  • Ensure compliance with all applicable laws, regulations, and company policies.
  • Conduct investigation into suspicious transactions.
  • Prepare high-quality suspicious transaction reports for the authorities concerned
  • Perform AML risk review/assessments.
  • Establish and review the Bank’s AML / sanctions related policies and procedures.
  • Provide professional advice on AML-related issues for business units.
  • Create sound internal controls and monitor adherence to them.
  • Manage and implement all risk and compliance related policies.
  • Maintain and update the risk register of the company.
  • Draft and revise company policies.
  • Proactively review processes, practices, and documents to identify weaknesses.
  • Evaluate business activities to assess compliance risk.
  • Set plans to manage a crisis or compliance violation.
  • Educate and train employees on regulations and industry practices.
  • Keep abreast of internal standards and business goals.

Skills/Competencies:

  • Experience in risk management.
  • Knowledge of legal requirements and controls (e.g., Anti-Money Laundering/KYC)
  • Familiarity with industry practices and professional standards
  • Excellent communication skills
  • Integrity and professional ethics
  • Business acumen
  • Teamwork skills
  • Fluency in written and oral English is required.
  • Attention to details.

Experience and Qualifications:

  • First degree in finance, audit, accounting, or any related field is preferred.
  • Having worked in a similar role in the banking industry will be an added advantage
  • Certification as a Certified Information Systems Officer (CISA), Certified Anti-money Laundering, Certified Internal Auditor (CIA), ISO 27001 Lead Auditor or equivalent highly desirable, Chartered Accountant (ICA-Gh).
  • A minimum of 5 years of progressively responsible experience in financial compliance, audit, internal audit, accounting, and risk management at the national or international level with a master’s degree or 7 years of experience with a bachelor’s degree.

Location: Accra

Employment Type: Full Time

Salary Range: Attractive

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October 2024
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