Regional Compliance Manager

1. Compliance Advisory Anticipate and address complex regulatory issues, identify emerging risks, and propose effective solutions. Communicate complex compliance issues clearly and persuasively and engage stakeholders in risk-based decision making. Champion a culture of continuous learning and improvement, fostering innovation and creativity, and promoting knowledge sharing across the organization. 2. Regulatory Compliance Understand regulatory requirements applicable to the bank's operations. Demonstrate ability to comply with legal requirements and company policies and procedures. Possess the ability to identify and report potential compliance issues and risks. Participate in training and development programs related to legal compliance. 3. Risk Management Compliance Exhibit in-depth knowledge of the complex regulatory environment related to risk management and compliance in the banking industry. Evaluate the level of compliance with regulations related to risk management and compliance. Analyze risk management compliance issues. 4. Compliance Tools and Technologies Demonstrate proficiency in the use of compliance tools and technologies effectively. Identify and mitigate advanced compliance risks that arise when using these tools and technologies. Understand the underlying technology of these tools and how to integrate them into the overall compliance architecture. Design and implement compliance systems and processes that utilize complex technologies. Proactively identify ways to improve compliance tools and technologies. Train and mentor others in the use of compliance tools and technologies. 5. Industry Best Practices Apply industry regulations and standards to specific situations. Identify and reports potential compliance issues to appropriate stakeholders. Analyze and evaluate compliance risks. Participate in compliance training and development opportunities. 6. Compliance Reporting Independently review relevant data sources for accuracy and completeness. Identify potential reporting issues and escalate, as necessary. Accurately complete complex reports using established processes and templates. Demonstrate significant knowledge of relevant software and data systems used for reporting. 7. Stakeholder Engagement (Regulators) Independently review relevant data sources for accuracy and completeness. Identify potential issues on responses to request and escalate where necessary. Accurately complete reports/observations analysis using established processes and templates. Key Performance Indicators: 1. Compliance Advisory Successfully address at least two (2) complex regulatory issues per quarter and propose effective solutions. Achieve positive feedback from stakeholders indicating clear and persuasive communication and active engagement in risk-based decision-making in at least 90% of interactions. Achieve a participation rate of at least 80% in continuous learning initiatives, contributions in at least two innovative and creative projects per year, and active engagement in knowledge-sharing activities. 2. Regulatory Compliance Achieve a proficiency level of 95% or higher in understanding regulatory requirements applicable to the bank's operations. Achieve a compliance rate of 98% or higher in complying with legal requirements and company policies and procedures. Identify and report at least X (number of) potential compliance issues and risks within the quarter. Successfully complete all required training and development programs related to legal compliance within the designated timeframe. 3. Risk Management Compliance Achieve a proficiency level of 85% or higher in understanding the complex regulatory environment related to risk management and compliance. Maintain a compliance rate of 95% or higher in adhering to risk management and compliance regulations. Analyze and resolve at least three risk management compliance issues per quarter. 4. Compliance Tools and Technologies Achieve a proficiency level of 85% or higher in the effective use of compliance tools and technologies. Identify and mitigate at least two advanced compliance risks per quarter related to the use of these tools and technologies. Achieve a proficiency level of 90% or higher in understanding the underlying technology and integration of these tools into the overall compliance architecture. Successfully design and implement at least two compliance systems and processes per year utilizing complex technologies. Provide at least four suggestions or improvements for compliance tools and technologies per year. 5. Industry Best Practices Achieve a minimum accuracy rate of 95% in applying regulations and standards. Report all identified compliance issues promptly and with 100% accuracy. 100% timeliness in completing all assigned compliance risk assessments. Successfully complete a minimum of 90% of assigned training and development programs, as per the bank's training schedule. Achieve an average rating of 4 out of 5 or higher on the quality of investigation reports. 6. Compliance Reporting Achieve an accuracy and completeness rate of 95% or higher for independently reviewed data sources. Identify and escalate all potential reporting issues within 24 hours of discovery. Achieve an accuracy rate of 98% or higher for complex reports completed. Achieve a proficiency level of 90% or higher in using relevant software and data systems for reporting. 7. Stakeholder Engagement (Regulators) Achieve an accuracy and completeness rate of 95% or higher for independently reviewed data sources. Identify and escalate all potential issues in response to requests within 24 hours of discovery. Achieve an accuracy rate of 98% or higher for reports/observations analysis completed. Requirements Bachelor’s Degree in Banking & Finance, Business Administration, Law or any related field. 8-10 years cognate experience Additional academic qualification is an advantage. Relevant Professional certification (CIBN, DCP, ACAMs, ACA, ACCA, ICAN etc) is an advantage