Head, Ethics and Compliance

Job Objective

The Head of Ethics & Compliance ensures that ethical conduct is entrenched in the organization's operations, money laundering/terrorism financing/proliferation financing (ML/TF/PF) risks are effectively managed, and effective data protection measures have been implemented.

Duties and Responsibilities

Regulatory and Compliance Management

• Contribute to the design and implementation of a compliance program and work with regulators and internal management to ensure the compliance program adheres to regulatory and compliance standards
• Monitor compliance with the organization's code of conduct and ensure it operates legally, ethically, and responsibly
• Ensure there is an effective system for the reporting of AML/CFT/CPF and code of conduct violations and investigation within the organization
• Ensure compliance with data privacy laws and regulations
• Develop and facilitate compliance risk assessment training workshops for all stakeholders
• Conduct regular ML/TF/PF risk assessments of the organization's operations, products, and services to identify and mitigate potential ML/TF/PF risks
• Maintain an updated risk register and develop risk assessment reports for the approval of senior management and the Board
• Develop mechanisms to monitor and analyse ML/TF/PF emerging trends and typologies, ensuring the organisation has adequate preventive measures to protect its system from being used as a conduit for financial crimes
• Collaborate with relevant departments to ensure that ML/TF/PF controls and mitigation measures are in place and effective
• Engage in cross-functional responsibilities and perform other compliance functions as assigned by the Chief Compliance Officer

Requirements

• University degree in Finance, Accountancy, Banking, Law, or Financial Management
• Membership with any of the following professional bodies is mandatory: Association of Certified Anti-money Laundering Specialists (ACAMS)
• International compliance certification(s)