Product Monitoring Officer at First Bank

Requisition ID: 1800000Y
Schedule: Regular

Job Description

• Reporting to the Team Lead, Product Monitoring, the successful candidate will review the development, deployment and design of products to ensure they are in compliance with statutory & regulatory guidelines.

Specific responsibilities include:

• Identifying and improving on areas of compliance weaknesses, reviewing the integrity of compliance procedures by ensuring that controls designed to protect the Bank against non-compliance are effective.
• Strengthening the Bank’s regulatory space by developing strategies that will ensure new products or services offerings that are in line with the bank’s viewpoint and business direction
• Conducting regulatory compliance testing on all products within the bank to ensure they are still in compliance with relevant regulatory directives.

Qualifications

• Candidates vying for the Product Monitoring Officer role must possess a minimum of 5 years’ experience working in compliance or any related financial services area, 4 of which must be in a supervisory role and candidates must also have experience in the implementation and advisory of compliance programs and in AML and CFT Transaction Monitoring
• Product Monitoring Officer candidates possessing specialist knowledge in Anti-Money Laundering, Data Protection, Financial Markets and Fraud and Ethics would be highly desirable.
• In addition to the above, all candidates vying for any of the positions must possess the following:
  • Interpersonal skills
  • Excellent Communications skills
  • High ethical standards and integrity
  • Self-solution driven attributes, proactivity and an acceptable knowledge of the business environment