Head of Risk, Compliance and AML at Jomoro Rural Bank

Job Summary

The Head of Risk, Compliance & AML will be responsible for the oversight of all aspects of Risk Management, Compliance and AML in accordance with the Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) Act, 2020 (Act 1044) and other relevant regulations.

Key Responsibilities

• Oversee all aspects of Risk Management in accordance with the Banks and Specialized Deposit-Taking Institutions Act, 2016 (Act 930), ensuring strict adherence to policies, procedures and regulatory requirements
• Profile and assess various forms of risks in accordance with the Bank of Ghana Risk Management Guidelines, the AML/CFT&P Act, 2020 (Act 1044) and other relevant regulations and guidelines
• Develop and implement risk management frameworks, policies and procedures to identify, measure and mitigate significant risks to the bank
• Ensure risk champions record risk incidents in the risk register and collate their reports into a consolidated risk report for the bank
• Report risk exposures and deviations from risk appetites with relevant mitigation strategies to senior management and the board
• Conduct regular compliance audits on KYC/CDD and EDD of customers and recommend corrective actions for any breaches
• Supervise branch managers to ensure evaluation of all generated alerts on the FCM portal and report all suspicious transactions and activities to the Financial Intelligence Centre (FIC) in fulfillment of BoG & FIC AML/CFT&P guidelines
• Ensure timely preparation and submission of risk, compliance and AML/CFT reports to the board, Bank of Ghana, the ARB Apex Bank and other relevant regulatory bodies
• Conduct effective risk and compliance training and awareness programs

Employment Details

• Position Type: Full-Time
• Location: Accra, Ghana
• Category: Banking