Risk And Compliance Officer

Job Purpose 

• To support the implementation and maintenance of the Bank’s risk management and compliance framework, ensuring that business activities, products and third-party arrangements are appropriately assessed, approved, monitored and managed throughout their lifecycle. The role provides specialist risk and compliance guidance, strengthens controls and promotes a culture of accountability and regulatory adherence across the organisation. 

Key Responsibilities 

Risk and Compliance Framework Implementation 

• Implement and maintain the Bank’s risk management and compliance frameworks, policies, standards, controls and approval processes. 
• Maintain an enterprise-wide inventory of key risk areas, processes and third-party arrangements, ensuring appropriate ownership, risk classification, approvals and lifecycle monitoring. 

Risk and Compliance Assessment 

• Conduct risk and compliance assessments covering regulatory compliance, data protection, operational risk, third-party risk, technology risk and conduct risk. 
• Establish risk-based control, testing and evidence requirements, including control testing, monitoring and incident management. 

Review and Coordination 

• Coordinate independent reviews and approvals with Legal, Compliance, Data Protection, ICT Security, Risk and relevant business control owners. 

Monitoring and Reporting 

• Monitor risks, control effectiveness, incidents, complaints and remediation actions, preparing reports for management and Board governance forums. 
• Support investigations and resolution of risk-related incidents, control breaches, and compliance concerns, ensuring lessons learned inform improved controls and practices. 

Regulatory Awareness and Training 

• Monitor emerging regulations and industry developments, maintain governance documentation, and promote risk and compliance awareness through targeted training and guidance. 

Qualification and Experience 

Education 

• Bachelor’s degree in Risk Management, Law, Compliance, Finance, Business Administration, Information Systems or a related field. 

Experience 

• At least six (6) years of relevant experience in risk management, compliance, audit, privacy or regulatory affairs. 
• Demonstrated experience designing or implementing governance and control frameworks within a regulated environment. 
• Practical exposure to operational risk, technology risk, third-party risk or data protection will be an added advantage. 

Technical Skills 

• Strong knowledge of risk management, compliance and control frameworks. 
• Familiarity with banking regulations, data protection laws and industry standards. 
• Proficiency in MS Office applications and governance/reporting tools. 

Core Competencies 

• Strong analytical and problem-solving skills. 
• Excellent communication and stakeholder management abilities. 
• High integrity, accountability, and professionalism. 
• Ability to work under pressure and meet deadlines. 
• Results-oriented with a continuous improvement mindset. 

Added Advantages 

• A relevant postgraduate qualification and professional certification in risk, compliance, privacy, information security or audit.