Designation Officer Compliance at Commercial Bank of Africa Limited,

Application Deadline: 30-12-2016

Description

JOB PURPOSE:
To assist the Head Risk & Compliance establish business and operational
compliance structure in line with best practice and regulators guidelines at CBAT.

KEY RESPONSIBILITIES:
• Identify the priority areas of compliance and ensure that .these are in line with the operational priorities of the Bank Group; launch major compliance initiatives to respond to the new compliance challenges and constraints facing the bank;
• Review and report compliance with internal policies, operating procedures, standards, laws and regulations and ensures compliance thereof;
• Advise on, draft, vet and revise compliance documentation relating to structures, processes, policies and procedures of business units;
• Monitor Money laundering issues in the Group, recommend Anti Money laundering enforcement measures and revies AMl Policy Document;
• Develop and update guidelines for risk grading customers based on KYC principles and ensure adherence to the guidelines;
• Review credit facility grading, provisioning interest suspension, zero rating, collateral level and write down/off to ensure full compliance with regulatory requirements;
• Reviews all regulatory prudential Returns to ascertain their fairness, accuracy, completeness and timely reporting to the regulators. Ensure compliance with approved policies, procedures, regulations & with regulatory stipulations as provided by BOT etc.
• . Ensure the system of internal control is effectively detecting control violations for all departments.
• Monitor the compliance level for Money laundering enactment and K. Y. C. with appropriate remedial actions.

QUALIFICATIONS AND COMPETENCY REQUIRED:
• At least 3 years of banking experience in in Banking Operations
• First degree or its equivalent in any business related discipline / or its equivalent in Computer Science, Mathematics, Finance, Banking, Economics, Business Administration or law .
• Professional qualifications in CPA (T)/ ACIB/CISA will have definite advantage.
• Proficiency in the use of spreadsheets including excellent modeling skills;
• Good knowledge of the best industry practice and ability to adapt these practices to commercial bank environment;
• Competence in the use of standard software used in the Bank such as Word, Excel, Access and PowerPoint;

Application Instructions Your application should include application letter, up-to-date Curriculum Vitae, copies of relevant certificates and names and contact detail of three work related referees. Send your application to:-

Head of Human Resources Commercial Bank of Africa (Tanzania) Limited
P.O.Box 9640,
Dar es salaam