Assistant Manager Business Compliance

Job Description – Assistant Manager / Deputy Manager – Business Compliance Role Purpose: To strengthen the Bank's compliance framework by providing regulatory guidance, assessing compliance risks, conducting compliance testing, monitoring adherence to regulatory requirements, and ensuring timely implementation of directives issued by regulators, the Board, and internal governance committees. Key Responsibilities:

• Provide advisory support to business and support functions on regulatory interpretation and compliance-related queries.
• Support the development and implementation of a comprehensive compliance risk management framework covering identification, assessment, monitoring, and mitigation of compliance risks.
• Identify emerging regulatory and compliance risks and recommend appropriate mitigation measures.
• Review new products, services, and process changes to assess compliance implications and recommend necessary controls and risk mitigants prior to launch.
• Draft compliance advisories, instructions, and proposals for mitigating identified compliance risks and strengthening internal controls.
• Disseminate regulatory guidelines, circulars, and instructions across functions and monitor timely implementation.
• Identify products, processes, and business areas requiring enhanced compliance monitoring and testing.