POSITION DESCRIPTION
This position is appointed to ensure effective internal control and compliance of the bank with the applicable laws and regulations issued by market authorities.
DUTY &RESPONSIBILITY
- Update Management of the changes or adoption of new laws and regulations applicable to banks and financial institutions.
- Review bank policies and guidelines ensuring compliance with applicable laws and regulations
- Provide advice to relevant departments on bank's products and services
- Draft, review and update compliance policy, internal control policy, compliance checklist and framework, compliance risk assessment, and other policies of Compliance Department
- Perform annual compliance testing to ensure bank compliance with NBC and other applicable laws and regulations,
- Ensure the implementation of NBC's recommendation from on-site inspection,
- Prepare Annual Internal Control Report
- Create guidelines and policies on FATCA (Foreign Account Tax Compliance Act) requirements, and assure its compliance, and
- Participate in the establishment of FATCA Reporting System and handling process of International Data Transfer to IRS or Cambodian Government.
- Liaise with regulator and other government authorities and oversee regulatory report submission (FATCA, Internal Control, and other reports).
- Other task assigned by line manager.
QUALIFICATION
- Bachelor's degree in Law, Finance and Banking, Accounting or equivalent in related fields;
- Minimum 3-year experiences in legal compliance, audit, and risk is highly desired
- Sound knowledge of compliance, law, internal control, anti-money laundering etc.
- Ability to work independently and as a team in an effective and efficient manner
- Attention to details, able to work under pressure and possess good time management skill
- Good command of speaking and written in English
- Good Computer literacy.
