Manager - Risk & Compliance

Location
Kingston (JM)
Salary
Competitive
Posted
11 Jan 2019
Closes
11 Jan 2019
Ref
97732
Job role
Accountant
First Heritage Co-operative Credit Union Limited seeks to recruit a dynamic, creative, results- oriented individual internally to fill the following vacancy. Position: Manager - Risk & Compliance Job Summary This position has ultimate responsibility: 1. On a pro-active basis assess the compliance risks associated with the Credit Union's business activities, including the development of new products and business practices, the proposed establishment of new types of business or customer relationships, or material changes in the nature of such relationships. 2. To assess the appropriateness and consistency of the Credit Union's regulatory framework (statutory documents, policies, strategies, guidelines, rules, regulations and procedures in force) related to compliance issues, promptly following up any identified deficiencies in the policies and procedures and, where necessary, recommend amendments. 3. To ascertain compliance with the provisions of the Credit Union's Code of Conduct, to review and propose amendments to the Credit Union's Code of Conduct and other policies and procedures, as necessary, to reflect ethical standards in all areas. 4. Review all operating areas on a periodic basis and recommend changes to the procedures/policies to incorporate regulatory requirements. The relevant department head is responsible for the adoption/implementation of the recommendations. 5. Advise and assist the senior management on compliance laws, rules and standards, including keeping them informed on developments by establishing written guidance on the appropriate implementation of compliance laws, rules and standards through policies and procedures and other documents such as compliance manuals, internal codes of conduct and practice guidelines. 6. To function as the Nominated Officer for the Credit Union in accordance with the relevant statutes and BOJ Guidance notes. 7. Provide training in collaboration with the Human Resource Department to provide training on compliance matters. Qualifications and Experience: • Master's Degree in Management, Economics, Finance or Marketing. • Certificate in compliance and / or Risk Management would be an asset • A minimum of 5 years' experience in compliance and risk management within a financial, banking or investment institution Required Skills and Specialised Techniques: • Detailed knowledge of Credit Union policies and procedures. • Experience in documenting manuals. • Experience in software testing. • Demonstrated knowledge of Computer Software, preferably Microsoft Office. • Excellent Time-Management skills. • High level of initiative. • Strong analytical, decision-making and problem solving skills. • Interpersonal skills. • Excellent communication skills. • Knowledge of risk management tools and analysis. • The ability to research emerging issues, including regulations, industry practices and technology. • Excellent numeric skills. Applications must be addressed to the attention of the General Manager- Human Resource Development. We thank all applicants for their submission of interest and advise that only short-listed applicants will be contacted.

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