Monitor exceptions and prepare periodic reports for submission to senior management and relevant stakeholders.
Keep abreast and monitor developments/changes in market and regulatory requirements, conduct impact assessment and ensure the respective business owners within the department take necessary actions including incorporating the change(s) in rules, standards and laws into the Bank’s processes and procedures and implementation of controls to meet compliance requirements.
Coordinate the ‘Know Your Customer’ and due diligence requirements from the nostro and custodian banks and collaborate with relevant business owners to ensure the Bank complies with other markets’ requirements.
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