Compliance Manager job at dfcu Bank | Apply Now

Responsible for researching, assessing, and monitoring new developments in relevant bank-related legislation and regulatory sphere, and updating bank personnel promptly.

Maintain an updated inventory of all laws, regulations & guidelines affecting the Bank.

Gap analysis on new and existing Legislation.

Maintain an up-to-date inventory of Bank Policies, Procedures, Processes & Circulars.

Coordinate review of all the Bank Policies, Procedures, and Processes & ensure circulars are repealed.

Liaise with business units to oversee compliance procedures and offer regulatory compliance risk management advice.

To monitor and sensitise staff on possible regulatory breaches that may cause penalties ensuring zero regulatory penalties are levied on the Bank.

Monitoring compliance with Corporate Governance standards and Reporting.

Monitoring and reporting on compliance with funders’ requirements.

Monitoring compliance on contracts, MOUs, and agreements to ensure the Bank obligations are clear, understood and embedded in the operations.

Monitor market abuse as a theme of compliance.

Monitor compliance with Regulatory & statutory reporting timelines.

Monitor relevant Global legislation that affects how the Bank operates i.e., Fatca, GDPR, & others.