Job Purpose
- To support the implementation and maintenance of the Bank’s risk management and compliance framework, ensuring that business activities, products and third-party arrangements are appropriately assessed, approved, monitored and managed throughout their lifecycle. The role provides specialist risk and compliance guidance, strengthens controls and promotes a culture of accountability and regulatory adherence across the organisation.
Key Responsibilities
Risk and Compliance Framework Implementation
- Implement and maintain the Bank’s risk management and compliance frameworks, policies, standards, controls and approval processes.
- Maintain an enterprise-wide inventory of key risk areas, processes and third-party arrangements, ensuring appropriate ownership, risk classification, approvals and lifecycle monitoring.
Risk and Compliance Assessment
- Conduct risk and compliance assessments covering regulatory compliance, data protection, operational risk, third-party risk, technology risk and conduct risk.
- Establish risk-based control, testing and evidence requirements, including control testing, monitoring and incident management.
Review and Coordination
- Coordinate independent reviews and approvals with Legal, Compliance, Data Protection, ICT Security, Risk and relevant business control owners.
Monitoring and Reporting
- Monitor risks, control effectiveness, incidents, complaints and remediation actions, preparing reports for management and Board governance forums.
- Support investigations and resolution of risk-related incidents, control breaches, and compliance concerns, ensuring lessons learned inform improved controls and practices.
Regulatory Awareness and Training
- Monitor emerging regulations and industry developments, maintain governance documentation, and promote risk and compliance awareness through targeted training and guidance.
Qualification and Experience
Education
- Bachelor’s degree in Risk Management, Law, Compliance, Finance, Business Administration, Information Systems or a related field.
Experience
- At least six (6) years of relevant experience in risk management, compliance, audit, privacy or regulatory affairs.
- Demonstrated experience designing or implementing governance and control frameworks within a regulated environment.
- Practical exposure to operational risk, technology risk, third-party risk or data protection will be an added advantage.
Technical Skills
- Strong knowledge of risk management, compliance and control frameworks.
- Familiarity with banking regulations, data protection laws and industry standards.
- Proficiency in MS Office applications and governance/reporting tools.
Core Competencies
- Strong analytical and problem-solving skills.
- Excellent communication and stakeholder management abilities.
- High integrity, accountability, and professionalism.
- Ability to work under pressure and meet deadlines.
- Results-oriented with a continuous improvement mindset.
Added Advantages
- A relevant postgraduate qualification and professional certification in risk, compliance, privacy, information security or audit.