Team Lead: Regulatory Compliance

Division: Regulatory Compliance Team

Job Description

The Team Lead for Regulatory Compliance is responsible for overseeing the Bank's compliance with regulatory requirements and internal policies. This role entails developing compliance programs, ensuring effective risk management practices, and fostering a culture of compliance across the organization. The ideal candidate will lead a team of compliance professionals, ensuring that the Bank remains compliant with evolving regulations while also promoting best practices in regulatory compliance.

Responsibilities

• Develop, implement, and maintain regulatory compliance programs and policies.
• Monitor changes in regulations and assess their impact on the Bank's operations.
• Lead and manage a team of compliance officers, providing guidance and support.
• Conduct compliance risk assessments and audits, identifying potential areas of non-compliance.
• Prepare compliance reports for senior management and regulatory authorities.
• Facilitate training programs for staff on compliance and regulatory matters.
• Engage with regulatory bodies and industry associations to stay informed on regulatory changes.
• Cultivate a culture of compliance throughout the organization.

Requirements

• Bachelor’s Degree in Law, Finance, Business Administration, or a related field.
• Minimum of 5 years of experience in regulatory compliance, risk management, or governance.
• Strong knowledge of relevant regulatory requirements and compliance frameworks.
• Proven leadership skills with experience managing and developing teams.
• Excellent analytical, communication, and interpersonal skills.
• Ability to work collaboratively across departments and build strong relationships.
• Professional certifications related to compliance or risk management (e.g., CAMS, CRCM) are a plus.