Corporate Manager-Risk & Compliance

To manage the Enterprise Risk Management strategy (ERM), structure and processes within the Bank.

  VACANCY ANNOUNCEMENT

The Agricultural Development Bank of Trinidad and Tobago (ADB) is seeking to recruit a highly motivated, quality focused, results oriented individual in the following position:

 CORPORATE MANAGER- RISK AND COMPLIANCE

  Position Summary

• To manage the Enterprise Risk Management strategy (ERM), structure and processes within the Bank 
• To establish standards and implement procedures to ensure that the compliance programs throughout the organization are effective and efficient in identifying, preventing, and correcting non compliance with applicable rules and regulations.
• To provide reasonable assurance to the Chief Executive Officer and the Board of Directors that there are effective and efficient policies, procedures and controls in place, which are well communicated to all parties, to ensure that the company is compliant with all regulatory requirements.

 Key Responsibilities and Accountabilities

• Developing the annual Compliance Work Plan that reflects the Bank’s key risk elements which will be monitored by the Risk and Compliance Department as determined by an annual risk assessment using an Enterprise Risk Management (ERM) approach.
• Providing guidance to the Chief Executive Officer, Senior Management and employees on creating a risk management culture within the Bank.
• Implementing and monitoring the Bank’s  compliance program.
• Creating and maintaining a Risk Register/ Risk Matrix.
• Reporting on a regular basis on the status of the compliance program.
• Providing guidance to key functional departments in identifying reporting and managing risk specific to those areas of operation.
• Developing, coordinating and participating in a multifaceted educational and training program that focuses on the elements of the compliance program.
• Developing materials for distribution to all employees to promote awareness of compliance activities.
• Coordinating internal compliance review and monitoring activities, including periodic reviews of key functional department and applicable policies and report findings to the Chief Executive Officer and Board of Directors as necessary.
• Facilitating the conduct of Internal and External audits relevant to the various areas of risk management
• Chairing the Bank’s Risk Council and ensuring that the Council’s Terms of Reference is satisfied.
• Ensuring that the Bank is compliant with all regulations and guidelines relevant to AML/CFT/ PF and prepare report for submission to the regulatory agencies.
• Managing  the Bank’s Health and Safety and Security  portfolio
• Any other related duties  may  be assigned to ensure that the risk and compliance function is performed

 Minimum Qualifications & Experience

1.  First Degree in Finance or Business Management
2. A Master’s Degree in Finance or Business Administration and certification in Risk  Management Assurance will be an asset
3. A minimum of Three (03) years Enterprise Risk Management (ERM) experience in a Banking environment
4. Knowledge of all AML/CFT/PF guidelines and regulations
5. Ability to handle private, sensitive, confidential  information appropriately
6. An understanding of working in a regulated environment
7. Computer Literate
8. Good Interpersonal Skills
9. Strong Communication Skills
10. Excellent Organizational Skills

 Interested persons are required to send a Curriculum Vitae and Cover Letter to:

 The Corporate Manager Human Resources

 Agricultural Development Bank of Trinidad and Tobago

 #87 Henry Street

 Port of Spain

 or

 Email no later than September 03rd, 2023

 We thank all applicants for their interest in joining our ADB family but advise that only suitable applicants would be contacted.