Develop, implement and monitor the bank’s compliance framework and ensure that all bank operating procedures meet the compliance requirements as defined by the regulator and bank policies/procedures.

Prepare and present bank-wide compliance report to EXCO indicating business enhancements/ recommendations.

Monitor transactions for adherence to Anti-Money Laundering laws and report all non-compliant or suspicious transactions to EXCO and FIA.

Champion the compliance program to guide overall institutional compliance.

Conduct periodical compliance assessment audits.

Undertake regular account reviews on accounts of PEP (Politically Exposed Persons) and transaction checks on a monthly basis in line with AML Regulations 2015 and Anti - Money Laundering Act 2013. In this regard the Head of Compliance shall be the Anti-Money Laundering Control Officer(AMLCO) of the Bank.

As the AMLCO be the contact point for internal and external authorities, including supervisory authorities or the Financial Intelligence Authority, concerning Anti-Money Laundering issues.

Liaise with regulatory bodies and other financial institutions regarding the relationship we hold with them.

Coordinate and communicate updates of the bank’s policies and procedures to reflect changes in the regulatory requirements and bank standards.

Review of the draft updated policies to ensure they reflect changes in the regulatory framework and bank’s business plan.

Train staff on matters relating to compliance covering general bank standards and regulatory requirements.

Manage the performance of the Compliance team ensuring that each team member has plans and targets in place and is delivering; take appropriate corrective action as required