Manager, Legal & Compliance at Kimberly Ryan

Job Summary

• The position is to play a key role in developing and maintaining a robust control environment in the operation and across the company in general and will be responsible for coordinating, monitoring and advising on legal & compliance with business, global, regional, and local AML/CFT and compliance on policies, procedures, and requirements.
• Identifying and managing internal and external risks, regulatory compliance., Support strategic business decisions that will track financial transactions better, manage performance and control data, compliance, operations and disclosures.

Responsibilities

• Formulate, implement, and monitor all applicable legal strategies that will ensure compliance with all legal, regulatory and corporate governance requirements of the business and all applicable compliance and Anti-Money laundering & Countering Financing Terrorism (AML/CFT) legislations and guidelines, including internal policies, processes and procedures.
• Ensure reviews/reports are being performed timely, are adequate and appropriately documented, daily resolution and reporting of legal & compliance issues in line with all applicable regulatory requirements and internal policies and liaising with the HQ as necessary
• Liaison with local Regulators, Law Enforcement and other Governmental Bodies to ensure good relationships with same
• Work closely with the business and other key stakeholders such as Operations and Technology to identify and mitigate the risks associated with existing and new business with emphasis on higher risk customers and transactions and attend to and where necessary, lead compliance related customer interactions and manage ad hoc compliance related projects as required.
• Preserve orderly and detailed work papers, assists management with the determination of the cause(s) of violations or exceptions, recommends corrective action, conducts exit meetings with management and drafts reports of compliance findings to the Managing Director.
• Conduct investigations with the business line and other staff stemming from system generated and/or external requests; analyze and investigate significant case escalations. Work cooperatively with other institutions or local, state, or federal authorities to investigate suspicious transaction activity.
• Contribute to a “no surprise” compliance culture by developing and delivering compliance training programs including providing annual face-to-face training and developing and delivering any other relevant periodic targeted training to employees in the branch/cluster (new hires, transfers and existing staff);
• Raise the visibility of compliance by specifically improving the regulatory & compliance risk assessment and testing standards of the business operation
• Monitor changes in relevant legislation within the regulatory environment and communicate current legislation, regulatory or legal compliance & risks issues, that might impact business operations to the Managing Director
• Provide support in drafting and reviewing contracts, service level agreements, policies and process manuals for the business to ensure compliance with all legal, regulatory, and contractual requirements
• Participate in contract negotiations and advise Management on all contractual arrangements
• Provide timely and cost-effective legal advice on all business transactions to avoid or minimize loss and/or exposure to potential litigation and manage relationships with external solicitors, advisors and auditors
• Draw up formalities for the amicable settlement of disputes and monitor the implementation of the legal clauses on contracts, service level agreements and policies
• Keep custody of the Company seal and ensure security of the company’s legal documents

Requirements

• A minimum of First Degree in Law, Finance, Business administration or related field
• Minimum of 7 years' experience in the Banking sector
• Sound knowledge of Finance/FinTech industry standards and regulations
• Hands-on regulatory expertise and compliance on FATCA, AML/CFT, KYC, KYB, CTR, STR, FTR, etc.

Skills & Proficiencies:

• An analytical mindset with excellent organizational skills
• Integrity, ability to work independently, and strong problem-solving skills.
• Excellent verbal and written communication skills.