Being the only banking facility on St Helena requires drive, ambition and forward thinking to ensure our customers have the best possible banking facilities and services close to them. Our talented staff work hard every day to find solutions, create value, and push boundaries. Does this sound like you? Apply for our available positions below.
Bank of St Helena Ltd is seeking to recruit a suitable person on a two year fixed term contract to fill the new and exciting position of Risk & Compliance Manager.
Reporting to the Managing Director, the Risk & Compliance Manager will be required to compile and implement policies within the Bank to ensure compliance with the governing laws, regulations and policies, and advise internal departments on how to meet compliance requirements. Therefore, an excellent understanding of anti-money laundering, fraud prevention and detection are important along with the need to stay informed on changes in laws and regulations that relates to banking.
In addition the Risk and Compliance Manager will be required to advise, oversee and train bank staff on compliance procedures; lead investigations of suspicious activity, recommend corrective actions and work closely with both internal and external auditors.
Candidates for this role should have excellent interpersonal skills and ideally have a minimum of three years proven work experience in a middle management role and/or relevant experience in Banking/Finance, Auditing and/or Risk Management.
Hours of Work:
Average of 35 hrs per week. It is expected that hours of work will be determined by the nature of the post and the requirements of the Bank and could include some weekend/after hours work.
Bank of St Helena Office premises or other sub-offices/branches as these are developed.
Have a working knowledge of banking and the laws and ordinances that governs it along with knowledge of anti-money laundering and fraud detection.
Responsible for the developing and overseeing control systems to prevent or deal with violation of legal guidelines and internal policies.
Evaluate the efficiency of controls and improve them continuously.
Review procedures, reports etc. periodically to identify hidden risks or non-compliance issues.
Draft, modify, review and implement policies and procedures as and when necessary or appropriate.
Assess new products and services to identify possible noncompliance risks.
Review work within each Section when necessary to identify risk and compliance issues and provide advice and training where necessary.
Keep abreast of regulatory developments in and outside of the Bank as well as evolving best practices in compliance and risk controls.
Prepare reports for senior management and external regulatory bodies as appropriate.
To carry out random cash spot checks on Tellers and assist with End of Month and End of Year cash counts as and when required.
To assist with the training of new employees and other banking staff on processes and procedures particularly when there are changes in laws and policies.
Offer advice on assessment of risks and undertake risk assessments as and when necessary.
Manage relationships with Third Parties and Contractors to ensure compliance with the Bank’s policies and procedures.
Initiate investigations when possible non-compliance takes place within the Bank.
Provide support and assistance to the internal and external auditors as necessary.
Have a good standard of written and verbal communication;
Have excellent analytical skills;
Detail-oriented with the ability to multi-task and meet deadlines with minimal supervision;
Have good computer proficiency in Microsoft Word and Excel;
Have experience in dealing with audits;
Have the ability to work on own initiative in responding to crisis and working under pressure in a timely manner;
Have excellent interpersonal skills and the ability to work well with a wide range of people;
Be highly organised and methodical;
Be proactive and able to take the initiative and remain calm under pressure;
Be well presented with a professional manner;
Ability to maintain high levels of confidentiality, including data protection;
Ability to work effectively in a fast-paced team environment;
Demonstrate decision making and problem-solving skills;
Have excellent knowledge of reporting procedures and record keeping.
Ideally be a Certified Accounting Technician (CAT), or FIA or equivalent or working towards FIA status;
A minimum of three years’ experience in a middle management role and or relevant experience in banking/finance; Auditing and risk Management;
Good financial/accounting skills.
Meeting deadlines, which might mean working outside of normal working hours.
Dealing with irate/awkward customers.