Head Compliance - International Banking Group

The Head of Compliance, International Banking Group (IBG) will support the business by providing compliant solutions and/or identifying strategic risks while providing assurance to Management that all processes/controls at IBG branches are in line with regulatory requirements. 

The encumberment will also assist the business in obtaining regulatory approvals wherever possible; New Branches / representative office Licenses, Product Launches, Outsourcing, Mergers / Acquisitions and participate and support HO-Compliance in bank wide projects relating to Compliance, provide input/recommendations, conduct special investigations and reviews. 

• Ensure Bank’s Compliance/AML/KYC/CFT policies across overseas branches are adhered to; implement compliance Initiatives accordingly.
• Creating a well-built dynamic Compliance Team(s) across overseas locations. Ensure strong 'regulatory compliance culture' evolves. Effectively roll-out and/or re-engineer compliance processes for enhancing efficiencies after analyzing trends and gaps. Establish KPI's.
• Manage regulatory inspections for overseas locations. Ensure timely response of queries by regulators, law enforcement agencies; assuring the quality/integrity of information. 
• Supervise and control compliance function  across IBG branches and ensure relationships with all regulatory authorities I agencies are managed appropriately .
• Provide compliant solutions to IBG Group Head and overseas branches. Ensure Bank's internal procedures/policies/SOPs/Product Program remains compliant with applicable regulations that are relevant to each location.
• Act as the main point of contact and play a key role in facilitating trouble-free regulatory examinations, external audits and assist business/branches towards timely closure of any findings/ action items with Compliance monitoring.
• Drive Compliance control/process improvements and systems enhancements to increase effectiveness of AML/KYC compliance in all overseas locations in coordination with Business/Operations plus other cross-functional areas as necessary.
• Ensure all locations develop/maintain/update necessary local Compliance/AML addendums and regulatory checklists. Ensure database of all applicable regulations, laws, guidelines, notices and circulars are updated on banks Intranet for ready reference.
• Conduct/roll-out specific KYC/AML/Sanctions Embargo trainings on a regular basis. Ensure all staff in each location attend these training (including new staff) on an ongoing basis and understand their responsibilities under banks policies, responsibilities towards regulators (legal /statutory) and international bodies (UN, OFAC). 
• Proactively coordinate/assist Head office Compliance and other Embedded Compliance Units for timely closure of Pan-bank 
• Ensure AML monitoring reports/systems in all overseas locations are working satisfactorily in conformity with applicable regulatory requirements. Suspicious transactions detected are analyzed and reported (STR is raised) to the regulator within reasonable time.
   

Experience 

• Degree educated, with further professional qualifications in Compliance, Risk, Law, or a related discipline ( ICA, ACAMS, CAMS, CRCM).
• 10- 15 years of overall experience compliance within International banking environments 
• Solid understanding of banking products & operations, including Trade Finance, Documentation and International Payments / Settlements
• Extensive knowledge and understanding of Global Regulatory Environment.
• Deep expertise in global banking regulations, including AML/CFT, sanctions, conduct risk, data privacy, and prudential standards (e.g., FATF, Basel, OFAC, EU/UK regulations).
• Track record of managing complex regulatory change initiatives
• Experience leading, developing, and influencing geographically dispersed compliance teams,
• Strong command of written and spoken English. Computer literate.
• Understand people leadership. Management at its best with effective team play and strong leadership.
• strong analytical, communication, interpersonal skills; and decision-making abilities.