Head of Compliance (opens for expats)

March 19, 2024
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Job Description

Aloha Consulting is looking for qualified talent to join their firm:
Develop and implement company compliance strategy, policies, and procedures in line with regulatory requirements, industry standards, and the banks risk management framework.
Develop and maintain a comprehensive compliance program that covers all aspects of operations, including risk assessments, policies and procedures, training, testing, and monitoring.
Advise senior management and the Board on compliance matters, including identifying and managing compliance risks, and ensuring compliance with applicable laws, regulations, and industry standards.
Ensure that all regulatory filings, reports, and disclosures are completed accurately and on time.
Develop and maintain effective relationships with regulatory bodies and industry groups to stay abreast of developments in the regulatory environment.
Develop and deliver training programs for all employees on compliance-related matters.
Manage and motivate a team of compliance professionals, providing guidance and support, delegating responsibilities, and ensuring that the team meets its objectives.
Ensure that compliance issues are effectively identified, investigated, and resolved, and that appropriate corrective action is taken when necessary.
Develop and maintain a compliance culture throughout the bank, emphasizing the importance of compliance and ethical behavior.
Continuously review and enhance the banks compliance program to ensure that it remains effective in mitigating legal and regulatory risks.

Bachelors degree in business, finance, accounting, or a related field; a masters degree is preferred. At least 10 years of relevant experience in the financial services/banking industry, including experience in a leadership position in a compliance function. In-depth knowledge of regulatory requirements and industry standards governing the finance/banking industry. Excellent leadership and communication skills, with the ability to build and maintain effective relationships with stakeholders at all levels. Strong analytical and problem-solving skills, with the ability to identify potential compliance risks and develop effective mitigation strategies. Experience in developing and implementing compliance policies, procedures, and training programs. Relevant professional certifications, such as CAMS or CRCM, are preferred.