Country Compliance Manager
Develop and implement a comprehensive, effective and efficient compliance program that supports and fulfils compliance requirements of BSA, AML Law /regulations, USA PATRIOT Act, US Sanctions Laws, Regulation GG, and other applicable Federal and State laws regulations.
- Oversee implementation of and adherence to the applicable laws, rules regulations and changes therein.
- Oversee implementation of AML/OFAC procedures to detect unusual / suspicious activities.
- Maintain liaison with regulators, external auditors, legal counsel and other regulatory bodies on the matters concerning compliance.
- Review and approve new and/or changed product programs, policies procedures to ensure adequate coverage of compliance requirements.
- Increase compliance awareness of the management and staff through targeted reviews, presentations, meetings and active support for actual / potential compliance issues.
- Oversee provision of compliance training in a focused and consistent manner and in accordance with the organizational standards.
- Provide proactive and consultative advisory service to staff on compliance related issues.
- Supervise corrective action on compliance related exceptions arising from regulatory inspections, internal and external audits.
- Ensure ongoing assessment and management of compliance risks emanating from legal / regulatory pronouncements, changes in the operating environment, new information systems, new products or services, corporate restructuring, or foreign operations.
- Provide specialized support/advice to bank staff in day-to-day matters concerning compliance.
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