Executive Manager - Compliance Testing

؜ - ؜الكويت ؜ -

تفاصيل الوظيفة

Executive Manager - Compliance Testing - ( ‎22000087 )
Description

Job Purpose /

To effectively meet the objectives of Compliance Management and be accountable
for ensuring that legislative and regulatory developments are monitored and
business impact is assessed in a timely manner.
Job Accountabilities /
‎1. Assessments: - Assess and evaluate the appropriateness of compliance
procedures and guidelines of the bank thereby providing relevant follow-up on
identified deficiencies and necessary recommendations towards amendments
‎2. Compliance Management:
* Execute Internal Compliance Review plan and obtain bank's status on compliance adherence.
* Proactively identify compliance issues, assess risks, escalate to them to Head of Compliance.
* Monitor and follow-up on compliance issues of departments, ensuring adequate corrective action and suitable closure
* Assist the Head of Compliance in performing periodic assessments on existing compliance controls and make recommendations to improve current operational compliance policies and practices.
* Track and monitor the bank's adherence to limits and ratios set by Central Bank of Kuwait and highlight all violations.
* Handle any Central Bank inspection, and act as a liaison between the inspectors and the Bank Departments.
* Arrange, organize and deliver responses to Central Bank of Kuwait / Capital Markets Authority inquiries.
- Maintain close coordination with the Internal Audit, Risk, Legal and AML
departments. - Follow-up appropriate corrective action in case of an
identified compliance failure.
* Review new products prior to seeking Central Bank approval to help in getting the approval and reduce the time needed for that approval.
- Act as a contact point within the bank for Compliance Queries from staff
members. - Increase the employee's awareness of Compliance issues.
* Ensure the Bank's adherence to the Capital Market Authority regulations


Education & Qualification /
Obtained Program of Study Bachelors Banking Bachelor
Accounting/Finance/Economics/Banking
Qualifications Knowledge/ Knowledge of the Banking industry, compliance
management and all regulations governing the banking business e.g. CBK, CMA
Experience ‎10 to ‎11 years of experience in the banking industry, of which at
least ‎8 years in compliance management or Audit background Accreditation /
Licensing CMA Licensing ICA Advanced Compliance Certificatio


Qualifications

Job Purpose /

To effectively meet the objectives of Compliance Management and be accountable
for ensuring that legislative and regulatory developments are monitored and
business impact is assessed in a timely manner.
Job Accountabilities /
‎1. Assessments: - Assess and evaluate the appropriateness of compliance
procedures and guidelines of the bank thereby providing relevant follow-up on
identified deficiencies and necessary recommendations towards amendments
‎2. Compliance Management:
* Execute Internal Compliance Review plan and obtain bank's status on compliance adherence.
* Proactively identify compliance issues, assess risks, escalate to them to Head of Compliance.
* Monitor and follow-up on compliance issues of departments, ensuring adequate corrective action and suitable closure
* Assist the Head of Compliance in performing periodic assessments on existing compliance controls and make recommendations to improve current operational compliance policies and practices.
* Track and monitor the bank's adherence to limits and ratios set by Central Bank of Kuwait and highlight all violations.
* Handle any Central Bank inspection, and act as a liaison between the inspectors and the Bank Departments.
* Arrange, organize and deliver responses to Central Bank of Kuwait / Capital Markets Authority inquiries.
- Maintain close coordination with the Internal Audit, Risk, Legal and AML
departments. - Follow-up appropriate corrective action in case of an
identified compliance failure.
* Review new products prior to seeking Central Bank approval to help in getting the approval and reduce the time needed for that approval.
- Act as a contact point within the bank for Compliance Queries from staff
members. - Increase the employee's awareness of Compliance issues.
* Ensure the Bank's adherence to the Capital Market Authority regulations


Education & Qualification /
Obtained Program of Study Bachelors Banking Bachelor
Accounting/Finance/Economics/Banking
Qualifications Knowledge/ Knowledge of the Banking industry, compliance
management and all regulations governing the banking business e.g. CBK, CMA
Experience ‎10 to ‎11 years of experience in the banking industry, of which at
least ‎8 years in compliance management or Audit background Accreditation /
Licensing CMA Licensing ICA Advanced Compliance Certificatio


Primary Location : Kuwait
Job : Managerial Jobs
Organization : Compliance & Disclosure
Schedule : Regular
Shift : Standard
Job Type : Full-time
Day Job
Job Posting : May ‎28, ‎2023, ‎8:03:‎42 AM

ملخص الوظيفة

  • المُعلن : Gulf Bank
  • تاريخ الإعلان : 28/05/2023
  • نوع العمل : -
  • مستوى الخبرة : -
  • المستوى التعليمي : -
  • الراتب : -
  • الهاتف : -

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