Unit Head Compliance Governance

Position Summary:

The Unit Head, Governance Compliance will lead and manage the governance, risk, and compliance functions of the organization. This individual will ensure adherence to regulatory requirements, corporate governance policies, and best practices in compliance management. The role involves strategic oversight, risk mitigation, and ensuring that all compliance processes are aligned with both internal and external standards.

Duties and Responsibilities:

1. Strategy - Understand and work closely with various stakeholders to ensure robust governance and execution of Compliance Program.
2. Business – Maintain awareness of the Compliance Team towards organizational compliance objectives delivery and act as transformation catalyst with support in formulation of policies, procedures, controls and implementation of system & tools.
3. Processes

• Management and continuous improvement of Compliance Program comprising of structure, policies, processes, systems and strategies.
• Provide advice to stakeholders and team members on information relating to conduct, risk and control governance execution and requirements.
• Manage consolidation and coordination across the function to mitigate risks, optimize efficiency and ensure best practices.
• Ensure up-to-date review and revisions of Compliance policies & procedures.
• Prepare agenda for Compliance Management and Board committees, including presentation and minutes of the meetings.
• Coordinate with CS office to ensure timely submission of Board papers and approval item for further submission.

Risk Management:

• Design & execute regular assurance testing of major activities of Compliance Department with necessary support from relevant teams.
• Work closely with Assurances teams to identify instances of breaches and report them to relevant governance forums
• Maintain a complete understanding of the conduct, risk and control environment.
• Monitor risks to management and actively monitor them to reduce the likelihood of occurrence.
• Work closely with functional units of Compliance to formulate and ensure delivery of annual compliance activity plans.
• Ensure up-to-date reporting of relevant risks and/or issues of non-compliance via EBL Centralized Reporting Tool and at relevant governance forums; raise and escalate risks to higher governance committees/Board where required.
• Manage RCSAs for compliance risk assessment for Compliance Department in coordination with Review teams.

Governance

• Collate, compile and review suitability of MIS & papers submitted to various governance forums and enforce high standards
• Oversee the preparation and submission of required regulatory reports, ensuring accuracy and timeliness.
• Support implementation of EBL Legal Entity Governance Standard and First Line of Defense Policy.
• Follow up of all regulatory requirements/actions for matters related to Compliance Function.
• Follow up on all audit issues/actions for Compliance Function.
• Manage & supervise the activities Findings & Issues Remediation Desk.
• Monitor, track and respond to SBP’s remediation deliverables and/or findings and required implementation actions across Compliance Function.
• Manage requirements assigned under Operational Risk Framework and Compliance Risk Assessment Framework.
• Engage Compliance function Process Owners to ensure consistent understanding and approach to process governance.

Education & Experience:

• MBA/ Master’s Degree in Commerce, Finance/ ACCA/CA + Professional Certification/Diploma preferably
• 6 to 8 years of relevant experience