Head, Compliance and Financial Crime Risk

The Position

The role requires you to provide advice to the Board and Management regarding the Bank’s compliance with the applicable laws, guidance and standards while providing support for the operational support to comply with the same, work with the relevant Business Heads to ensure establishment of a business and operational compliance structure in line with best practice and regulators guidelines, and develop and maintain the appropriate Anti Money Laundering (AML) Compliance risk
management framework and systems within the bank’s operations

Your key responsibilities are:

• Responsible for supporting the achievement of profitability of the bank through management/ cost savings of set departmental budgets 
• Develop and review the Bank’s Compliance & AML/CFT Compliance Strategy and Policies
• Develop the annual Compliance and AML/CFT Compliance work plan that ensures appropriate coverage; and is well coordinated with related activities covered by the Bank’s risk management and compliance programmes.
• Oversee and monitoring the implementation of the compliance and AML/CFT compliance program
• Coordinate with other risk managers and ensure timely preparation and circulation of monthly reports to Management and Executive Committees and quarterly reports to the Board and Board Risk Management Committee (BRMC) that will include summary compliance status reports.
• Recommend compliance enforcement measures to Senior Management and provide independent briefing to the Board Risk Management Committee (BRMC)
• Advise senior management on compliance and AML/CFT Compliance laws, regulations, rules and standards and keep them updated on all new developments with potential impact to the Bank’s compliance profile
• Coordinate internal compliance reviews and monitoring activities, including periodic reviews of departments
• Act as compliance liaison contact within the Bank and with external parties and maintain continuous
  dialogue and information to business units on key issues defined in the compliance and AML/CFT compliance policies and issues arising from the external environment.
• Develop clear strategic objectives and measures to be assessed on compliance performance across the Bank and establish independent and effective processes to measure and report on progress towards achieving the compliance strategic objectives
• Develop and ensure maintenance of a robust system that tracks compliance to establish legal, regulatory and policy parameters and prompt escalation of any exceptions or weaknesses. Ensure this is supplemented by a self -assessment programme based on compliance standards benchmarks embedded within the Bank’s broader RCSA programme
• Monitor AML and Regulatory Compliance issues in the Bank
• Ensure effective management and resolution of all compliance and control issues across the Bank
• Deliver compliance training and awareness to Bank staff and management
• Establish the complete compliance scope for the Bank and locally based subsidiaries based on applicable laws, regulations, policies and related policy standards and policy guidelines and aim at
  achieving 100% compliance
• Carry out periodic or one-off interventions to address compliance knowledge transfer needs in the country and region
• Maintain and regularly update a compliance issues database with compliance findings by regulators and auditors and escalate long outstanding items for senior management intervention
• Ensure that compliance policies, procedures, standards and practices are properly communicated and followed by responsible bank staff.
• 100% adherence to policies, procedures and statutory guidelines.
• Audit Rating = Satisfactory.
• Audit issues closed within the agreed time frames.
• Nil repeat findings.
• Policy and procedure knowledge –rating of Reading 100%; Test 90%. These are the minimum scores
  required to confirm:
  • All assigned policies are ‘Read’
  • Assigned policy or procedures tests are undertaken and the lowest acceptable score is 90%
• Establish strong relationships and communications with stakeholders to ensure customer satisfaction and that concerns are addressed and expectations met.
• Maintain and own team high performance.
• Own up-to-date and actioned competency assessments and development plans.

Job Requirements

• At least a Bachelor’s degree or its equivalent, preferably in a Business related field, or Law.
• Master’s Degree is an added advantage
• Preferably a minimum of 10 working experience with 5 years at middle management level in Compliance, Risk, Controls or Audit Management related areas
• Professional Certification in CFE, ICA, ACAMS etc. is an added advantage.
• Knowledge and effective application of all relevant laws and regulations and bank policies, guidelines, processes and procedures and to consistently achieve required compliance standards or benchmarks
• Knowledge and experience in modern compliance risk management practices to initiate and implement tactical changes to support business performance
• Exposure to matters of Compliance Strategy and related Policy formulation
• Knowledge of AML/CFT Compliance regulatory framework including related policies.
• Good knowledge of the best industry practice and ability to adapt these practices to the Bank’s environment

Application
Please send your current CV to vkatungye@steadmanglobal.com before the end of day Thursday, March 19th 2026