Opportunity Information
1
Bank/ Digital Bank/ Microfinance Bank/ Financial Institution
Experienced Professional
Regular/ Full Time
On- Site (Fixed Location)
Karachi
The Role
Raqami Islamic Digital Bank is hiring a Senior Manager to lead the Governance, Assurance & Quality Control function within Compliance, covering the compliance governance framework, assurance reviews and control testing.
•Develop and maintain the Compliance Governance Framework across the Bank •Lead compliance assurance reviews to assess adherence to regulatory requirements, internal policies and procedures •Design and execute risk-based compliance testing and assurance programs •Conduct thematic reviews, compliance monitoring exercises and control assessments across business and support functions •Establish and maintain quality control standards across Compliance activities •Review the effectiveness of AML/ CFT, sanctions, transaction monitoring, onboarding, regulatory reporting and conduct controls •Monitor closure of compliance observations, regulatory findings, audit issues and management action plans •Identify control weaknesses and recommend corrective actions to strengthen governance and compliance processes •Ensure compliance policies, procedures, frameworks and standards remain aligned with regulatory requirements •Coordinate with Internal Audit, Risk Management, Legal, Operations and Business teams on governance and assurance matters •Prepare governance dashboards, assurance reports, quality control findings, management presentations and compliance MIS •Monitor regulatory developments and assess their impact on governance and control frameworks •Support regulatory inspections, compliance reviews and independent assessments •Prepare presentations and Minutes of Meeting (MOMs) for the Compliance Committee of Management •Develop compliance quality assurance methodologies and review standards •Promote a culture of compliance, accountability and ethical conduct across the organization •Lead training and awareness initiatives related to compliance governance and quality standards •Drive continuous improvement initiatives across governance, assurance and quality control processes •Lead, mentor and develop governance and assurance teams
Applicants General Eligibility & Requirements
•Persons with disabilities are encouraged to apply
8- 10 years
Education, Experience and Skills Requirements
- Bachelor 16 Years: Law, Finance, Banking, Business Administration, Accounting, Economics, Risk Management
- Masters: Any Discipline
8-10 years of banking or financial services experience with significant exposure to compliance governance, compliance assurance, regulatory compliance, AML/ CFT compliance, internal controls, risk management, internal audit and regulatory affairs; 3-5 years in a management or leadership role within compliance, risk, audit, governance or assurance functions Preferred: Experience in digital banking and Islamic banking environments
Compliance Governance, Compliance Assurance, Quality Control, Regulatory Compliance, AML/ CFT Compliance, Risk Assessment, Compliance Monitoring, Policy Management, Root Cause Analysis, Stakeholder Management, Team Leadership
About the Employer
Raqami Islamic Digital Bank