Assistant Manager - Compliance

Job Responsibilities:     

We are currently seeking an Assistant Manager to join our Compliance department. The Assistant Manager Compliance will be responsible for ensuring Orient's strict adherence to all relevant laws, regulations, and internal policies. This role involves developing and implementing comprehensive compliance programs and frameworks, as well as proactively identifying and mitigating potential risks of non-compliance.

What you will do:

• Provide comprehensive compliance oversight for the entire organization
• Develop and maintain comprehensive policies, guidelines, procedures, and internal controls aligned with all applicable laws and regulations
• Create and implement a robust compliance framework
• Stay informed about all current internal and external compliance regulations and identify any potential risks to the institution, taking proactive measures to mitigate non-compliance
• Responsible for seeking compliance Advice from the compliance committee, organize and participate in the compliance committee meeting
• Conduct due diligence activities in accordance with established processes and regulatory guidelines
• Conduct comprehensive enterprise-wide AML/CFT risk assessments and client risk assessment
• Track and manage all relevant documents in accordance with the record retention policy
• Evaluate and deploy effective screening and transaction monitoring systems to mitigate risks
• Proactively detect potential red flags and control deficiencies in KYC and client onboarding procedures
• Investigate and prepare suspicious activity reports (SARs) and suspicious transaction reports (STRs) as required
• Collaborate closely with Internal Audit, Operations, Finance, Business Development, and other stakeholders to ensure effective implementation of the compliance program
• Work closely with department heads to address compliance-related challenges in a timely and efficient manner
• Evaluate high-risk relationships, especially those requiring Senior Management attention, and ensure that all potential risks are clearly communicated and approved
• Ensure the timely submission of all regulatory reports to the relevant authorities
• Develop and deliver comprehensive training programs to raise awareness and understanding of AML/CFT and other relevant legal and regulatory obligations
• Collaborate diligently with the Supervisory Authority and external auditors to ensure the timely provision of necessary requirements for the examination