Head Of Compliance

Job Description

  • 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.
  • Ability to multi-task
Apply Now

Job Summary

  • Published on:October 11, 2023
  • Employment Status:Full-time
  • Job Location:Kyauktada, Yangon
  • Salary:Negotiable
  • Application Deadline:December 14, 2023