Head of Compliance

Job responsibilities

• Develop and implement the compliance strategy and framework to ensure adherence to regulatory requirements and internal policies.
• Lead and manage the compliance team, providing guidance and support to ensure effective execution of compliance activities.
• Monitor and assess the effectiveness of compliance controls and recommend improvements where necessary.
• Stay updated on regulatory changes and industry best practices, and communicate these to relevant stakeholders.
• Conduct regular compliance risk assessments and report findings to senior management and the board.
• Collaborate with other departments to ensure a cohesive approach to compliance across the organization.
• Oversee the development and delivery of compliance training programs to enhance awareness and understanding among employees.
• Act as the primary point of contact for regulatory bodies and manage all compliance-related inquiries and audits.

Job requirements

• Bachelor's degree in Law, Finance, Business Administration, or a related field. A Master's degree or professional certification (e.g., CAMS, CCEP) is preferred.
• Minimum of 10 years of experience in compliance, risk management, or a related field within the financial services industry.
• Proven leadership experience with the ability to manage and develop a high-performing team.
• Strong knowledge of regulatory requirements and compliance best practices in the banking sector.
• Excellent analytical and problem-solving skills, with the ability to interpret complex regulations and provide practical solutions.
• Exceptional communication and interpersonal skills, with the ability to influence and build relationships at all levels of the organization.
• High level of integrity and ethical standards, with a commitment to maintaining confidentiality and professionalism.

Job benefits

• Competitive salary and performance-based bonuses.
• Comprehensive health and wellness benefits, including medical, dental, and vision coverage.
• Retirement savings plan with employer contributions.
• Opportunities for professional development and career advancement.
• Flexible work arrangements to support work-life balance.
• Employee assistance programs and mental health support.
• Generous paid time off and holiday leave.