Key Accountabilities

• Responsible for supporting the Head of Regulatory Compliance in coordinating the day to day activities of the Regulatory Compliance team;
• Responsible for reviewing new banking products, services and channels prior to their launch from compliance perspective and providing advice to business units on their implementation in a manner that complies with applicable laws and regulations and meets the expectations of local regulators;
• Responsible for supporting the analysis of new regulatory requirements and guidance issued by local regulators and relevant international organizations, which includes interpretation of new requirements, identification of affected business units/stakeholders, coordination of the impact assessment, ongoing advice to business units and tracking of the progress of their implementation;
• Responsible for developing, maintaining and updating the Bank’s policies and functional operating procedures (SOPs) in the area of regulatory compliance and direct the implementation of related processes and controls, so that all activities are conducted in compliance with risk, audit, legal and regulatory requirements while delivering a quality, cost-effective service;
• Supervise and participate in the planning and execution of the regulatory compliance reviews, testing and monitoring;
• Implement and manage FATCA/CRS governance framework, and provide ongoing advice to business units on FATCA/CRS requirements;
• Develop regulatory compliance training materials and provide necessary regulatory related training to Bank’s employees, including on FATCA/CRS;

Skills

• Support the implementation of the Personal Data Privacy Law;
• Support the Head of Regulatory Compliance in coordinating the regulatory inspection visits;
• Supervise and coordinate the annual business regulatory matrices self-assessment exercise;
• Produce the periodic compliance regulatory bulletin and circulate it to business units and senior management;
• Provide on-the-job training and constructive feedback to other members of Regulatory Compliance team to support their overall development;
• Support the preparation of the annual Compliance plan of the Compliance & FCC SBU;
• Act as the point of contact for the Bank’s Internal Audit on all regulatory related matters and coordinate with the Internal Audit on related action items;
• Support the development and production of the Regulatory Compliance team’s KPIs;
• Liaise with QCB on regulatory compliance matters and respond to their inquiries;
• Produce the monthly CRC Dashboard; and
• Perform other related duties or assignments, as directed by senior management of the SBU

Education

• Bachelor degree in accounting or equivalent