Manager - Compliance - BFS

- Keep abreast of regulatory developments within or outside of the company as well as evolving best practices in compliance control

- Handle disputes and escalations coming from regulators

- Responsible for internal ombudsman and Banking ombudsman schemes

- Disseminate circulars / letters /advisories/ guidelines issued by the Regulator to relevant business units highlighting the regulatory requirements and monitor compliance of these guidelines.

- Perform independent compliance testing, internal compliance reviews & monitoring activities.

- Keep a track and strict monitoring of all correspondences with the Regulator and ensure that responses to regulatory authorities are properly submitted within the stipulated period of time

- Assist in managing regulatory inspections

- Prepare reports for senior management and regulatory bodies as appropriate

- Ensure business activities are conducted in conformity with all applicable laws, regulations, internal policies and procedures.

- Review of Standard Operation Procedures to ensure they are align to requirements stipulated by requisite regulatory requirements/ Compliance policies.