Head of Risk and Compliance

Urgent No
Status Published
Categories Bank / Insurance
Locations Phnom Penh;
Term Full Time
Salary Negotiable
Sex Male/Female
Published Date Feb-11-2019
Expired Date Mar-12-2019


* Regulatory Compliance
- Build and/or support a strong business relationship with regulatory and statutory authorities through regular interface, in particular the National Bank of Cambodia;
- Ensure that the Company’s operations comply with applicable laws, regulations and statutes of Cambodia and that of the Company;
- Monitor regulatory developments and proactively adapt risk management processes and procedures
- Ensure Company policies comply with local laws and are properly maintained and are up-to-date
- Ensure the Company’s compliance with AML/CFT requirements, administer the Company’s AML/CFT policies and ensure that adequate AML/CFT procedures e.g. customer acceptance, customer due diligence, record keeping, ongoing monitoring, reporting of suspicious transactions are implemented effectively by all departments and branches of the Company, and conduct related trainings

* Internal Compliance
- Lead the design, implementation and enhancement of the Company’s internal and regulatory compliance framework, whilst ensuring its alignment with Business objectives and Group Compliance’s strategic directions;
- Lead the design, implementation and enhancement of and effective compliance risk assessment program and regulatory compliance;
- Lead the change process to ensure Compliance obligations and requirements to be embedded in internal operating procedures;
- Act as the Company’s compliance expert, to provide strategic compliance solution to mitigate risk and meet business needs, and provide advice to all related departments and top management on issues relating to risk and compliance;
- Lead compliance team and branch compliance to look into internal control procedures, such as complaints handling, risk escalation, root cause assessment, trend analysis, with aim to enhancing internal control and risk mitigation.
- Identify risk and compliance issues and advocate effectively with related department and monitor for deviations from Company & internal procedures and regulatory procedures on such matters;
- Ensure that the Company functions within a sound governance and compliance framework;
- Develop regular reports for the top management on all related risk and compliance issues;
- Develop and maintain all risk management and compliance reports and documentation;
- Provide training on risk management and compliance to senior management and staff;

* Risk-related
- Develop and implement the Company’s risk management framework;
- Manage the process of identifying and assessing the risks affecting the Company’s business risks, including conducting risk assessment, which involves analyzing risks as well as identifying, describing and estimate the risks affecting the Company;
- Maintain a risk register based on the identified applicable laws and regulations, fraud schemes, etc.
- Other ad-hoc tasks assigned by senior management or the board


- BBA or MBA’s degree in Law or related field
- Minimum 5 years plus experience in legal and/or compliance role(s) within companies regulated by the NBC
- Comprehensive understanding of NBC regulations, compliance, and risk management
- Experience working directly with the NBC
- Ability to plan and execute without oversight
- Ability to implement proactive risk management and compliance-related projects and procedures
- Capable of professional discussions with internal and external stakeholders
- Proficient in English, both written and spoken
- Microsoft Office, including Word, PowerPoint and Excel

To apply:
Interest applicants please send a CV and a one-page cover letter to hr@ifinanceplc.com and state the role that you are applying for in the email subject line. For more info. kindly contact us by 015 888 572

How to Apply

Interest applicants are invited to submit their current CV, and some other necessary information to email provided in contact detail.
Please don't forget to mention that you found this job on Mohasakor.com when sending.

Contact Detail

Contact person HR
Phone number (855) 23 6999 599 / 015 888 572
Email address hr@ifinanceplc.com
Website http://www.ifinanceplc.com
Address #371, st 274 , sangkat vilvong , khan 7makara, Phnom Penh