Details

Salary and Benefits

MVR 24,350 - MVR 25,900

Job Description

 

TERMS OF REFERENCE (TOR)

Post:                                Deputy Manager -Risk & Compliance

No of Vacancies:        01                    

Post Type:                    Full time

Department:               Risk & Compliance Department

Reporting to:              Manager – Risk & Compliance

 

Key tasks, responsibilities, and deliverables: 

• Oversee daily operational activities of the Risk and Compliance Department to ensure effective implementation of Corporations Risk Management policies and procedures.
• Monitor and evaluate the effectiveness of internal controls and compliance with internal Policies and Procedures and all applicable laws and regulatory requirements.
• Conduct regular reviews of the Corporation Risk Environment, identify, assess, and report key risks to management, external stakeholders, and regulatory bodies.
• Support the implementation and updating of the risk appetite framework and risk register.
• Review and conduct assessments of the Corporations AML/CFT framework, ensuring compliance with all local and international laws, regulations, industry standards and Corporate Governance principles.
• Assist in the development and implementation of the training programs aimed at enhancing Risk and AML/CFT awareness within the Corporation
• Work closely with all functional areas to identify potential areas of risk vulnerability and develop corrective action plans.
• Coordinate and actively support in developing and continually seeking to review and improve risk management, compliance and AML/CFT policies and procedures.
• Promote cultural awareness of risk management practices within the Corporation and conduct training/awareness programs on regular basis.
• Provide support for ad hoc requests as required by the Management.

Requirements and Qualifications:   

• MQA level 7 qualification Legal / Audit / Accounting and Finance / Business Management / Compliance / Banking / AML/CFT with 05 years’ experience in relevant field .

Other Competencies required: 

• Demonstrate awareness of and exposure to bank operations, systems, processes, internal policies and procedures, and industry best practice for Risk management.
• In-depth knowledge of local and international risk management standards, legal and regulatory frameworks, and corporate governance principles.
• Analytical approach and proactive attitude to managing issues.
• Strong analytical and problem-solving skills, with a proactive and detail-oriented approach to managing risk and compliance issues.
• Applicants with advanced proficiency in Microsoft Office will be given higher priority.
• Excellent interpersonal skills along with communication skills including verbal and written, with strong emphasis on report writing and presentation capabilities.
• Excellent computer skills including processing of word documents, spreadsheets, and databases.
• Familiarity with trade, economic development, and development of private sector in the Maldives.
• Candidates holding professional certifications in Banking, AML/CFT, or Compliance will be given priority

Remuneration package:

• Gross pay is between MVR 24,350– MVR 25,900 depending on the Qualification and Experience.

Other Benefits:

• Health Insurance as per company policy.
• Training and development opportunities.

Working Hours:  

• The selected applicant will be required to work from 0800 to 1600 on weekdays.  

 

Documents required with the job application:  

• Complete and up-to-date Curriculum Vitae (CV). 
• Copy of valid National Identity Card. 
• Copies of academic certificates with transcripts.(International certificates must be accredited by MQA)
• Reference letters from current/ previous employers certifying types of employment, job roles, and service period. 
• Recommendation letters from previous supervisors or employers (optional). 

How to Apply:  

• Required documents should be submitted using the link: Demonstrate awareness of and exposure to bank operations, systems, processes, internal policies and procedures, and industry best practice for Risk management.
• Understanding of Risk Management best practice standards.
• Analytical approach and proactive attitude to managing issues.
• Applicants with advanced proficiency in Microsoft Office will be given higher priority.
• Excellent interpersonal skills along with communication skills including verbal and written, with strong emphasis on report writing and presentation capabilities.
• Excellent computer skills including processing of word documents, spreadsheets, and databases.
• Required documents should be submitted using the link: https://sdfcmv.aidaform.com/job-application-form-deputy-manager-risk-and-compliance 20th April 2025 14:00hours. 

 

Important notes for applicants:  

• Incomplete applications will be rejected without further notice.
• Applications should be submitted only via the given link, applications received via email will be rejected.
• Only short-listed candidates will be notified for an interview.

 

For inquiries, please contact us on weekdays between 08:30 am to 14:30 pm via phone at 1613 or email to [email protected]

Requirements and Qualifications

Minimum Experience

Not Specified