Compliance Expert

Job Purpose

The job holder is responsible for providing support to the Director of Corporate Assurance, implementing special supervision work and ensuring the activities of the assigned relating to the segments of TCB comply with internal regulations and external regulations.

Key Accountabilities (1)

• Responsible for monitoring and ensuring the effectiveness and efficiency of:
- risk management, internal control, compliance with laws, internal regulations and activities that directly/indirectly affect the special supervision
- activities of departments under inspection/control functions
- monitoring plans
• Support the Director to review the implementation of the special supervision department in ensuring compliance with the plan approved by the competent authority and ensuring policies, standards, and the methodology of the special supervisor is implemented.
• Develop and implement programs and action plans to promote a strong Compliance Culture at the units assigned to supervise, contribute and support the implementation of organizational goals.
• Act as the lead in Compliance Management of assigned operations and subjects of supervision.
• Responsible for consulting the development, implementation, performance evaluation and continuous improvement of compliance capacity building programs/activities in line with the assigned monitoring scope.
• Responsible for supervising the development of compliance obligations at the units assigned for supervision.
• Support and coordinate with the unit under inspection in assessing and measuring compliance obligations and compliance status of the responsible unit
• Periodically summarize and report to the Board of Directors and Director of Corporate Assurance on the status, trends and compliance status of units in the Corporate Assurance segment and develop actions plans to prevent and reduce risks.
• Analyzing data of the compliance obligations as required by HOD
• Periodically report to the HOD and management on the compliance status of the special supervision segment and propose action plans to prevent and mitigate compliance risks
• Consult and work with the Director and the Special Supervision groups for the following activities:
- Detect and prevent violations
- Handle, investigate, conduct monitoring, assign responsibilities, propose remedial actions and report to the HOD and management for significant compliance violations.
• Monitor and report the results of handling violations according to the decisions and conclusion of competent authorities and implement;
• Responsible for providing comments on the documents related to compliance and special supervision activities specific for each segment

Key Accountabilities (2)

Supervision
• Prepare a periodic monitoring plan
• Analyze, develop and plan the annual review and supervision activities of the department in accordance with the direction of the Director of AML with the approach of identifying high-risk areas and taking into consideration the available resources, capacity of each individual and an estimate the budget.
• Periodically participate in the review and evaluation of the risks and propose adjustments to the plan (if any).
• Ensure that the implementation of monitoring activties comply with the plan, objectives, scope, and the monitoring contents approved by the competent authority. It complies with procedures, regulations, quality standards of supervision activities of TCB and other relevant regulations on the basis of evaluating and ensuring the effectiveness and efficiency of:
- risk management, internal control and and internal regulations for significant activities
- operation of the inspection and control functions
• Proactively identify, evaluate, and report in a timely manner to Units, activities, and objects with significant risk arising within the assigned scope of supervision.
• Coordinate with related parties to supervise on the continuous monitoring and control of key risk activities to promptly minimize risks
• Independently review and evaluatse key risks arising in the process, and issue warnings and recommendations to prevent risks.
• Perform the role of special supervision quality control for the monitoring sessions as assigned by the special supervision director
• Coordinate and gather information to develop policies and regulations on compliance and data governance activities
• Perform other tasks as assigened by the Director from time to time.

Key Accountabilities (3)

• Contribute and support in the development, review and improvement of the operating mechanism of Assurance
• Participate and contribute to the Board of Directors and management on the development and implementation of the Operational Strategy
organizational structure, information technology platform và infrastructure, regulations, policies and procedures and supervision of Assurance activities
• Participate and support the development of control procedures, guidelines and improve the quality of supervision
• Contribute to the establishment of an appropriate annual KPIs system to evaluate the quality of work for employees on a half yearly and annual basis.
• Contribute and support in the management and development of monitoring resources
• Develop appropriate training programs relating to inspection and supervision skills

Key Relationships - Direct Manager

Director, Corporate Assurance

Key Relationships - Direct Reports

N/A

Key Relationships - Internal Stakeholders

Corporate Assurance, Banking Administration Divisions & Functional stakeholders within and across divisions and senior management teams

Key Relationships - External Stakeholders

The State Bank and other Regulatory agencies, Financial Information Analysis units & Police
Industry partners/ Correspondent banks

Success Profile - Qualification and Experiences

- A Bachelor's degree or higher in Law, Economics, Foreign Relations, Finance - Banking, Business Administration or relevant disciplines
- At least 7 years of relevant working experience (eg. Internal Audit, Testing, Control, AML và Compliance related roles)
- Business English standard of proficiency as required for the role
- Good knowledge and understanding of local regulations và laws
- Strong communication skills
- Good interpersonal skills and demonstrating professionalism in all dealings