Compliance Officer At ASA International

Job Summary

The Compliance Officer is responsible for overseeing the development, implementation, and enforcement of compliance protocols to ensure the institution strictly adheres to central bank directives, regulatory requirements, and industry best practices. The role focuses on conducting regular internal control audits, managing Anti-Money Laundering (AML) and Anti-Bribery frameworks, evaluating legal and reputational risk exposure, and serving as the primary liaison between the company and regulatory authorities.

Qualification

• Bachelor's degree in Finance, Accounting, Business Administration, Law, or a closely related field
• Advanced degrees or relevant professional compliance/risk certifications are advantageous

Experience

• Minimum of 2 to 5 years of proven experience in risk management, compliance, or internal audit within the financial services sector (preferably in microfinance banking)
• Deep familiarity with Central Bank requirements and compliance frameworks at financial institutions
• In-depth knowledge of microfinance products, banking operations, and the local regulatory landscape
• Familiarity with compliance risk assessment methodologies, modeling, and financial analytical tools
• Demonstrated proficiency in Microsoft Excel and Microsoft PowerPoint

Core Duties and Responsibilities

• Review and update existing institutional policies to guarantee full compliance with the directives of the Central Bank and other applicable regulatory bodies
• Manage day-to-day compliance functions, overseeing critical concerns including AML, Anti-Bribery, and Anti-Corruption compliance management
• Set internal governance, compliance, and internal control policies to safeguard the organization from financial irregularities
• Identify, evaluate, and address legal and reputational risks while implementing effective risk mitigation strategies
• Prepare periodic compliance reports, certificates, and confirmations for internal and external stakeholders
• Communicate with external counsel and regulators, and gather internal information in response to official regulatory requests
• Review organizational contracts, documentation, marketing materials, presentations, and websites to ensure regulatory alignment
• Conduct compliance data and ratio analysis in Excel to detect adverse fluctuations, collaborating with relevant departments to identify root causes
• Prepare PowerPoint presentations for the Board of Directors highlighting important compliance risk issues, trends, and controls
• Design and conduct training sessions for bank staff to foster a proactive, risk-aware compliance culture across the institution

Skills & Competencies

• Excellent analytical and problem-solving skills with a keen eye for detail and data accuracy
• Ability to quickly analyze complex processes and data while maintaining a strategic overview of the situation
• Strong written and verbal communication skills, with the ability to explain complex compliance concepts clearly to diverse audiences
• Sound decision-making abilities with the capacity to work independently and collaboratively within multicultural teams
• Proactive, self-motivated, and decisive approach to risk identification and mitigation
• Humility, strong work ethic, and professional confidence turn-keyed for a team-oriented environment

Skills Required:

• Accounting / Finance
• Legal / Law
• Sales / Marketing / Business / Management