Chief Compliance Officer

Role Objective:

- Ensuring that the company operates in a compliant manner, manages its risks effectively, and achieves its financial objectives

Key Result Area:

1: Quality of Book:

- Focus on building a high-quality book by maintaining stringent standards in assessing and approving clients.

- Ensure timely processing to maintain Turnaround Time (TAT) while still upholding quality.

- Regularly review the book to identify areas for improvement and implement strategies to enhance its quality further.

2: Financial Result

- Maintain efficiency in processes to meet TAT requirements while ensuring the quality of the book.

- Continuously build the book by identifying new opportunities and expanding existing portfolios.

- Monitor financial metrics closely to track progress and make adjustments as necessary to achieve financial objectives.

3: Profitability:

- Develop strategies to create a profitable business, considering both short-term gains and long-term sustainability.

- Analyze delinquency trends related to property and income to mitigate risks and optimize profitability.

- Implement measures to maximize revenue and minimize costs across the organization.

4: Compliance:

- Develop and implement robust compliance policies and procedures aligned with regulatory requirements.

- Stay updated on regulatory changes and maintain a strong relationship with regulators.

- Investigate and address compliance incidents promptly, ensuring appropriate reporting and resolution.

Risk Analysis:

- Monitor and assess compliance risks regularly, identifying potential issues and implementing mitigation strategies.

- Conduct thorough risk analysis on product portfolios and deviations from established norms.

- Establish a delegation matrix for rights and approvals to ensure accountability and compliance at all levels.

6: Employee Development:

- Provide comprehensive training on credit policy and compliance updates to the team regularly.

- Foster a culture of continuous learning and development within the organization.

- Empower employees to make informed decisions and contribute to the company's success.

Job Responsibilities:

- Oversee and manage compliance efforts, including risk assessments, monitoring, and training.

- Stay abreast of relevant laws and regulations, ensuring organizational compliance.

- Communicate the importance of compliance and ethical behavior throughout the organization.

- Implement processes and technologies to enhance efficiency and productivity.

- Promote an ethical culture and mitigate legal and regulatory risks effectively.

- By focusing on these key areas and responsibilities, you can effectively ensure that the company operates in a compliant manner, manages its risks, and achieves its financial objectives.