Support the Head of Compliance in overseeing and maintaining the company's compliance framework in line with applicable laws, regulations, and internal policies.
Monitor regulatory changes related to banking and consumer finance activities; assess potential impacts and propose appropriate actions to ensure ongoing compliance.
Review, update, and enhance internal policies, procedures, and guidelines to ensure alignment with regulatory requirements and industry best practices.
Conduct compliance risk assessments to identify potential high-risk areas and recommend mitigation measures to management.
Act as a focal point for communication with regulators and external stakeholders; coordinate regulatory inquiries, inspections, and compliance reporting as required.
Work closely with internal audit, external auditors, and relevant departments to address compliance findings and follow up on corrective actions.
Assist in handling compliance investigations, including preliminary reviews of suspected misconduct or fraud, and prepare reports for senior management when necessary.
Develop annual compliance plans and periodic compliance reports, ensuring timely escalation of significant issues to the Head of Compliance and Executive Management.
Job Requirements
Bachelor's degree in Law, Finance, Banking, or other relevant disciplines.
Solid understanding of compliance, regulatory frameworks, and risk management practices within banking, consumer finance, or insurance sectors.
Prior experience in compliance, legal, internal audit, or operational risk; experience with Big 4 audit firms (FSO) is a strong advantage.
Strong analytical skills with the ability to interpret regulations and translate them into practical business guidance.
Good communication and stakeholder management skills, with the ability to work independently.
