Position: Senior Compliance Officer
Amhara Bank S.C. is very young in Business life and it has been operating with an aggressive momentum since joined the financial sector with more than 5,000 energetic employees, and visionary leaders with more than 304 branches so as to achieve its vision “To be leading and game-changing Bank in Africa”. The Bank would like to invite qualified and competent applicants to apply for the following vacant post.
Essential Functions:
Job Position: Senior Compliance Officer
Purpose of the Job: To provide proactive and effective compliance management with Anti-Money Laundering/Counter Terrorist Financing and other international and national regulatory requirements by designing and implementing a proactive and risk-based compliance management approach; implement due diligence on Anti-Money Laundering/Counter Terrorist Financing activities.
Generic Functions:
- Take up the roles of the division manager in his/her absence;
- Actively participate in developing, reviewing and implementing policies & procedures, plan /budget of the division;
- Mentor and enable staff below his/her grades towards achieving effective performance;
- Demonstrate the Bank’s code of conduct; embody the bank’s good culture and corporate image to the public;
- Engage in teamwork, collaboration, and transparency work practices;
- Provide services as per the service level agreement;
- Contribute to the bank’s profitability as per the target set;
Specific Functions:
- Propose and contribute to the development and revision of compliance, AML/CFT and KYC-related policies, procedures, guidelines, standards and programs; and monitor their implementation;
- Develop and implement compliance communication strategy and training programs on Anti-Money Laundering/Counter Terrorist Financing targeted at promoting compliance awareness and culture across the Bank;
- Conduct timely compliance risk assessments regularly on selected branches and other units of the bank for proactive mitigation of potential risks.
- Prepare executive-level compliance risk assessment reports that are precise, accurate and tailored to the Board of Directors, Executive Management and regulators’ needs and present to the Board of Directors and Executive Management;
- Conduct assessment of new bank products and services of the Bank to ensure compliance with laws and NBE directives;
- Handle additional related assignments as directed by the immediate supervisor.
Job Requirement:
Qualification: BA in Business Management/Accounting/Economics or any other related fields
Experience: Five/5 years of relevant experience preferably in the banking industry of which Two/2 years on an officer position.
N.B. Applicants who have related experience in areas such as Internal Control, Internal Audit, Risk Management and Compliance, KYC, and Legal are invited to apply.
Note:
- Female applicants are highly encouraged
- Only shortlisted candidates will be communicated
- Hard copy or physical applications will not be accepted
- The Bank has the right to cancel the post
Interested applicants fulfilling the above requirements are invited to apply within five (5) consecutive days from March 7, 2024 to March 11, 2024.
