Compliance Officer

About us

With almost 5 decades of rich history in the financial industry and recognized for our unparalleled record as the top finance leasing brand, we are driven by sheer passion, dedication, and innovation with over 170 branches and service centers across the Island. We strive to provide the best financial services to our massive customer base and are now on the lookout for charismatic and skilled individuals who can treat on our deep-rooted traditions of success and be a partner in taking the organization to new heights.

Position Summary : 
Overall management of the activities of the Compliance Department and to make sure that the company is conducting its business in full compliance with all national laws and regulations pertaining to the industry, as well as professional standards and accepted business practices. 

You Should :

  • Possess a minimum of 15 years of banking and finance experience with exposure to compliance at a bank or reputed finance company, and out of which a minimum of 5 years of managerial experience in the function of compliance
  • Having a bachelor’s degree in Business Administration/ Law / Finance or related discipline is preferred
  • Have completed a full qualification in Banking (AIB) or a diploma in compliance from IBSL or ICA international diploma in governance, risk, and compliance
  • Having fully completed a professional qualification in CIMA/ACCA/ICASL or an MBA will be a distinct advantage
  • Possess sound knowledge of anti-money laundering regulations, laws, and regulations applicable to the financial service industry, and best practices in corporate governance
  • Possess strong leadership and public relations with the ability to work collaboratively and with people at all levels of the organization
  • Possess strong written/verbal communication skills with outstanding ability to develop and foster cross-functional relationships with key stakeholders 

You will : 

  • Implement/practice/update the applicable statutory guidelines (including CBSL,CSE,SEC, FIU, other regulators) and ensure company compliance
  • Ensure all business operations adhere to sound corporate governance practices and business ethics
  • Secure an early involvement in the design and structuring of new products and systems and ensure they conform to regulatory requirements and ethical standards
  • Carry out reviews at appropriate frequencies to assess compliance with regulations, rules, and internal policies and procedures
  • Check and report compliance status monthly and report to the Board and Integrated Risk Management Committee
  • Monitor, follow up, and report on compliance issues in a timely manner
  • Review implementation of new laws, regulations for conformity and communicate directions, rules/regulatory developments to business users
  • Ensure that company staff is provided regular training on compliance requirements and changes to laws and regulations 
  • Maintain regular contacts and good working relationships with regulators 

An attractive remuneration package awaits the right candidate. Only short-listed candidates will be notified.

Corporate Office, 20, DharmapalaMawatha,
Colombo 03.

Company: LB Finance PLC
Company email: [email protected]
Job Location: colombo 03
Job Category: Banking and Insurance
Job Type: Full Time

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