Banking Compliance Officer at Enadama Group

We are hiring a bank compliance officer who would be required to stay up-to-date on changes in governmental and financial laws and regulations. In addition, the bank compliance officer must continually evaluate the bank’s policies and procedures to makes sure they are not in violation of state or federal laws.

• It is the responsibility of the bank compliance officer to ensure that everyone working in a financial institution is adhering to all state and federal laws and regulations
• Liaise with senior managers to ensure proper implementation of established compliance policies
• Review internal bank policies to ensure they align with external banking regulations
• Conduct research to identify new regulations passed by state or federal governing bodies
• Monitor client financial activities to ensure they are legal and in compliance with internal and external bank policies
• Collaborate with other departments to forward compliance issues for investigation
• Initiate or recommend an investigative process in response to complaints of policy or a procedural violation
• Develop systems for the handling and resolution of policy violation
• Conduct internal audits prior to an external audit to ensure bank policies and operations are up to standard
• Monitor the operations and procedures of the different sections of a bank to ensure overall compliance
• Carry out assessments to identify areas of potential compliance risks in order to implement preventive/corrective strategies to address compliance issues
• Provide reports on a regular basis to senior management to keep them updated on the progress of compliance operations

JOB REQUIREMENTS:

• Education and Training: Bachelor’s degree in accounting, finance, law, economics, or a related business discipline. Certifications such as CRCM, CBCO, or CRCP are also necessary for the job position.
• Prior experience in investment banking or financial management is required for the position
• Accounting Skill: ability to analyze financial records to identify inconsistencies in accounts
• Communication Skill: adept at interacting with bank staff to communicate compliance requirements

IT Skills: proficient in the use of risk management tools and systems to analyze the degree of compliance with external regulations.