Head of Risk, Compliance and AML

Job Summary

• The Head of Risk, Compliance & AML will be responsible for the oversight of all aspects of Risk Management, Compliance and AML in accordance with the anti-money laundering and countering the financing of Terrorism (AML/CFT) Act, 2020 (Act 1044) and other relevant regulations.

Job Description

1. The Head of Risk, Compliance & AML will be responsible for the oversight of all aspects of Risk Management guidelines and the banks and specialized deposit-taking institutions act, 2016 (Act 930), as well as strict adherence with policies, procedures and regulatory requirements
2. Profile and assess various forms of risks in accordance with the Bank of Ghana Risk Management Guidelines, the AML/CFT&P Act, 2020 (Act 1044) and other relevant regulations and guidelines
3. Develop and implement risk management frameworks, policies and procedures to identify, measure and mitigate the significant risks of the bank.
4. Ensure risk champions record risk incidents in the risk register and collate their reports into a consolidated risk report for the bank
5. Report risk exposures and deviations from risk appetites with its relevant mitigation strategies to senior management and the board
6. Conduct regular compliance audits on KYC/CDD and EDD of customers and recommend corrective actions for any breaches
7. Supervise branch managers to ensure the evaluation of all generated alerts on the FCM portal and report n all suspicious transactions and activities to the financial intelligence centre (FIC) in fulfilment to the BoG & FIC AML/CFT&P guidelines
8. Ensure timely preparation and submission of risks, compliance and AML/CFT reports to the board, bank of Ghana, the ARB Apex Bank and other relevant regulatory bodies
9. Conduct effective risk and compliance training programmes for all staff at least twice every year
10. Monitor and review control procedures and report on matters relating to exposures and deviations from risk appetite and risk tolerance levels to the board and senior management for appropriate action
11. Advise senior management on compliance with the banks and specialized deposit-taking institutions Act 2016 (Act 930) and other applicable laws
12. Lead the bank’s Anti-Money laundering (AML) and combating the financing of Terrorism (CFT) initiatives
13. Investigate suspicious activities and transactions and file suspicious transaction reports (STRs) as required, to the FIC.

Qualification Required & Experience

1. A good first Degree in Accounting, Economics, Business Administration Finance, Banking or any relevant discipline from a recognized university plus at least 10 years in senior management position as a Risk and Compliance Manager

OR

1. A postgraduate degree in risk management, banking, accounting, finance or professional qualification in ACIB, ICAG, ACCA plus at least 7 years working experience in a banking environment with 4 years working experience in a banking environment with 4 years in senior management position as a Risk and Compliance Manager

Knowledge and Skills Required

1. Good knowledge of Anti-Money Laundering Act, 2020 (Act 1044), Banks and specialized Deposit-taking institutions 2016 (Act 930) and other relevant compliance guidelines and standards
2. Working knowledge of the T24 R20 Temenos Banking application software
3. Excellent communication, interpersonal and presentation skills
4. Strong analytical and problem-solving and leadership skills
5. High level of integrity, confidentiality and ethical standards
6. Ability to navigate the FCM portal Proficiency in Microsoft Office suite (Word, excel, PowerPoint)

Location: Accra

How To Apply For The Job

Interested applicants should submit their cover letters, CVs and copies of relevant certificates to:

rcbsrecruitment@arbapexbank.com

Closing Date: 10 September, 2025