Compliance Officer

Job description

• Identification, assessment, management of risks, related to general legal and supervisory requirements and ensuring their compliance with the bank’s activity; and ensuring appropriate circulation,
• Assessment of impact of possible changes of legal system on the bank’s activity and its related risks,
• Ensuring existence of proper policy, processes and oversight mechanisms in the main areas of legal, supervisory and ethical responsibilities, and implementation of proper monitoring,
• Identification of shortcomings and violations, concerning compliance of the bank’s activity, and, if necessary, undertaking of preventive measures,
• Ensuring the circulation of information on all new legislative acts and their implementation by technical means in the manner prescribed by the bank,
• Preparing responses to letters received from the CB of Armenia, developing an action plan if necessary and/or describing the steps taken by the bank,
• Ensuring FATCA process management and related compliance procedures at the bank,

Other duties and responsibilities

Required qualifications

• Bachelor's degree or equivalent,
• More than 2 years of relevant banking experience or auditing experience,
• International certificate in Compliance (ICA or equivalent)
• Ability to respond quickly and take immediate actions,
• Ability to communicate, listen, interpret, comprehend communication from others & respond appropriately,
• Ability to effectively organize & prioritize the information that contribute to success of the result,
• Ability to identify risk involved in ongoing operations then provide necessary coaching to team members.