Senior Officer Compliance Monitoring and Testing

Job Description & Accountabilities:Conduct Compliance Risk Assessment and Assist in developing a risk-based Annual Compliance Monitoring and testing plan.Conduct periodic monitoring and testing of compliance controls across various business units as per the Compliance Monitoring and Testing annual plan.Assist in the identification of regulatory risks and help ensure the bank’s compliance with relevant regulatory requirements.Maintain the evidences/documentations for all conducted reviews.Document and report testing results, including any identified deficiencies or gaps in controls.Log all identified observations in the Compliance Monitoring and Testing Risk Register, and conduct regular follow ups to ensure the identified observations are rectified in a timely manner.Collaborate with business units to address and rectify compliance issues.Validate the accuracy of the received evidences and ensure it addresses the raised Compliance issues.Support the design and implementation of monitoring and testing plans.Maintain up-to-date knowledge of relevant regulations and industry best practices.Manage assigned Ad-hoc tasks/projects in a timely manner ensuring deadlines are met and objectives are achieved.Support the Manager by training/leading monitoring and testing officer(s) in any reviews/projects to promote the compliance culture within BSF.Report all outstanding observations to the line Manager.Qualifications & Experience:Bachelor Degree in Finance, Law, Business or a related field.3+ years within banking Compliance, Internal Audit or Risk Management.Knowledge & Skills:Good written and spoken English.Good understanding of regulatory principles, rules, regulations and banking products and services.Good analytical and investigative skills.Good understanding of all the compliance fields.Strong experience of meeting tight deadlines and working under pressure.