Posted on :
14 Feb, 2011
14 Feb, 2011
CA Global Africa recruitment is currently looking for a highly qualified candidate for the role of Country Head of Compliancefor one of its International clients to be based in Ghana.
Reference: ML 2121
As a senior member, make a significant contribution to the direction of the Compliance function in Ghana.
Promote, lead and manage the culture and practice of Compliance within regulatory requirements and ethical standards consistent with supporting the Group’s strategic direction and growth aspirations in Ghana.
Establish and maintain frameworks within Ghana to ensure compliance with applicable banking regulations, internal policies, procedures and codes so as to protect the reputation of the bank with its regulators and balance the needs of other stakeholders.
To identify, mitigate, monitor and manage regulatory (including financial crime) risks across Ghana.
Ensure the effectiveness of the Group’s management of Compliance and Regulatory Risk issues by taking Country level responsibility and leadership for:
• Compliance & Regulatory Risk
To maintain close and open relationships with the regulators in Ghana
For the following functions: business, regional and country Compliance teams and Financial Crime Risk:
Oversee the implementation of Group Compliance policies and procedures through appropriate training and communication and, where necessary, recommend appropriate Compliance policies and procedures for approval by relevant committees. Support implementation of Business Compliance policies and procedures.
Ensure effective management of compliance matters across Ghana. Assume active involvement in problem-solving and crisis management over critical issues that have an impact on the Bank’s business/operations in Ghana.
Working with Business Compliance where necessary, in the event of serious regulatory breaches, or where risk tolerances have been breached, responsible for ensuring Group and Regional Compliance Management are informed and that actions are taken quickly to remediate and/or activities are ceased
Advise the CEO Ghana on material Compliance issues as required and provide support to CEO’s on material compliance and regulatory risk issues to ensure they establish and monitor appropriate arrangements for meeting regulatory obligations and maintain high standards of conduct, in accordance with internal policies.
Drive the institutionalization of regulatory relationships across Ghana and -work with the local CEO to ensure effective Regulatory Relationship Plans are in place.
Set and implement strategy for the management of performance, including financial performance and staff achievement in Ghana
Ensure the function in Ghana is appropriately resourced by competent staff sufficiently independent in performing duties objectively
Provide leadership, management and coaching of the country Compliance network to ensure they are highly engaged and performing to their potential.
Knowledge, skills and experience:
At least 5 years of experience in the regulatory field or equivalent relevant legal experience.
A strong understanding of the regulatory environment in Ghana
Good judgment enabling the provision of sound advice in difficult areas of law, regulation and practice and the proactive management of compliance and regulatory risk.
An inquisitive approach to practices, procedures and specific
Strong leadership qualities, excellent inter-personal skills and multi-
Personal authority with proven ability to establish relationships and exert influence at senior levels of the Group and with regulators and other external stakeholders.