Compliance Manager, Yangon Branch

Compliance Manager, Yangon Branch

Job Purposes:

To manage the compliance risk of the branch. This would include role as:-
  • Branch Compliance Officer;
  • Branch AML/CFT and STR Officer;
  • Functional Specialist (Compliance) for branch new product approval process and key business initiatives;
  • Active member of Branch Management Committee, Operational Risk Forum, ALCO and other committee set-up to ensure smooth operations of the branch
Job Responsibilities:
  • Be the main officer in-charge of managing compliance risk of the Branch.
  • Central point of contact for communication on regulatory compliance, AML/CFT and Sanctions compliance between the Branch and Head Office ("HO") and local regulatory bodies including Central Bank of Myanmar & maintain records of all key correspondences with regulators.
  • Acts as the designated AML/CFT and STR Officer of the Branch and to file the relevant reports as necessary and in a timely manner to local regulatory bodies and HO.
  • Provide advice to the Branch & HO staff on all regulatory issues and communicate timely on relevant new rules/regulations and their potential impact on the Bank's businesses.
  • Submit all compliance related reports to internal & external parties within stipulated timelines.
  • Maintain/update regularly the compliance matrix and RRSA as part of compliance monitoring tool.
  • Perform compliance testing/assurance to mitigate the Branch's compliance and regulatory risks.
  • Promote compliance awareness of Branch's staff and to conduct relevant compliance & AML/CFT training as appropriate.
  • Set out Annual Compliance Plan and tasks to be completed within timeline.
  • To offer compliance advice to staff within the Branch, Head Office and the Bank's network upon request.
  • To provide necessary support in meeting customer's requests for assistance/ information as appropriate.
  • Liaison with Head office/Bank's network, Central Bank of Myanmar, government agencies and regulatory authorities as appropriate.


Qualifications
  • Possess a university degree with r elevant compliance experience within the financial industry
  • Strong familiarity with local compliance regulations
  • Good understanding of banking products and services
  • Proficiency in spoken/written English and local Myanmar language would be an added advantage

The jobholder must have the following attributes/ personality:
  • Strong Compliance knowledge
  • Ability to work under pressure
  • Good competency in local compliance matters
  • Good communication and inter-personal skills
  • Team player
  • The position will be based in Myanmar, Yangon
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