1. Regulatory Compliance:

· Monitor compliance with regulations and other applicable laws, ensuring the organization meets all regulatory requirements.

· Proactively track and interpret regulatory updates, advising management on necessary changes or actions.

· Prepare and submit accurate and timely regulatory reports and filings.

2. Policies and Procedures:

· Draft, update, and enforce compliance policies and procedures tailored to the company's operations.

· Conduct gap analyses to identify deficiencies and recommend enhancements.

· Ensure clear documentation of compliance processes to support audits and regulatory inspections.

3. Monitoring and Audits:

· Conduct detailed compliance reviews and risk assessments to identify vulnerabilities and inefficiencies.

· Collaborate with internal and external auditors to address compliance-related findings.

· Develop a robust compliance monitoring program, including testing and reviews of internal controls.

4. Risk Management:

· Oversee the AML/CFT framework, including KYC processes, transaction monitoring, and STR submissions.

· Lead the high-risk client onboarding process, ensuring complete KYC activities and proper documentation.

· Implement tools and strategies to detect and mitigate compliance risks in real-time.

· Provide recommendations to improve risk assessment methodologies and workflows.

5. Process Automation and Optimization:

· Identify opportunities to automate compliance workflows, including KYC, reporting, and risk assessments.

· Implement compliance technology solutions to enhance process efficiency and accuracy.

· Optimize reporting mechanisms to ensure timely and effective data delivery to internal and external stakeholders.

6. Workflow Optimization:

· Design and implement process improvements to reduce redundancy and enhance the effectiveness of compliance functions.

· Foster cross-department collaboration to streamline compliance-related tasks.

· Develop dashboards and reporting tools to provide real-time compliance insights to senior management.

7. Reporting:

· Prepare comprehensive compliance reports for senior management and the Board of Directors, highlighting key risks and areas for improvement.

· Monitor and analyze compliance metrics to track progress and effectiveness.