Knowledge about government and financial regulations and laws in Myanmar.
Understanding of Central Bank of Myanmar’s regulations.
Knowledge about Anti-Money laundering rules, know-your-customer (KYC) and bank secrecy laws in Myanmar
Maintain current and extensive knowledge of the laws and regulatory guidelines by which the bank is required to comply with CBM
Act as an integral part of the team regarding knowledge resources for all compliance-related matters.
Compile a list of all laws and regulations that need to be complied with and the frequency of their reporting to regulators as required.
Monitor compliance programs that have been put in place to ensure adequacy.
Oversee the dissemination of compliance-related information to bank employees to ensure familiarity with compliance requirements and conduct training for greater awareness within the bank.
Work with auditors and examiners during regulatory compliance examinations
Participate in training relating to the job and any other training programs as required.
Ensure compliance by all employees of the bank to the internal policies and procedures.
Ensure that all the banks products and services (existing and new) are within the framework of protecting the bank, its customers and public interest laws
Report & escalate all areas of non-compliance to CRCO / Head of Integrated Risk and Compliance
Open To
Male/Female
Job Requirements
Has a bachelor’s or master’s degree, ideally in accounting, laws or economics from an accredited university in Myanmar or abroad or relevant professional certification and training in accounting and laws
8 to 10 years of working experience in the financial services industry
Ability to demonstrate thorough knowledge of applicable laws including Myanmar Financial Institutions Law, regulations, directives, instructions, and guidelines issued by the Central Bank of Myanmar
Ability to read and understand technical and legal language
Have an understanding of central bank rules and regulations
Ability to effectively report information and respond to regulatory requirements.
