Role Purpose

The compliance function is responsible for enforcing Know Your Customer (KYC) and Customer Due Diligence (CDD) requirements. Additionally, it establishes Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) measures, aimed at preventing the bank’s systems, channels, products, and services from being exploited for illicit purposes. It also safeguards against employees being used as accessories for money laundering, terrorist financing, and related offenses.

The Compliance Manager (Regulatory, Policy & Reporting) has the responsibility of ensuring the bank operates in accordance with various statutes, regulations, directives, notices, guidelines, and standards set forth by Ghana’s parliament, the Bank of Ghana, the Securities and Exchange Commission, and other regulatory agencies. This includes adherence to Acts such as the Companies Act 2019 (Act 992), Banks and Specialized Deposit Taking Institutions Act 2016 (Act 930), Securi...