Deputy Compliance Manager

  Afghanistan Unspecified 310
Date Posted:Feb 4, 2010
Closing Date:Feb 15, 2010
Work Type:Unspecified
Number of Vacancies:1
Functional Area:Management
Salary Range:As per NTA salary scale policy
Years of Experience:2 Years
Contract Duration:Not specified
Possibility of Contract Extension: false
Contract Type:Permanent
Probation Period:1 month
Required Languages:

About Sarey:


Job Summary:

The Deputy Compliance Manager will work under the structure of Internal Control Manager and Compliance Department FINCA Afghanistan. He assists the Internal Control Manager to improve and protect the viability of FINCA activities through assisting affiliate to create and maintain a strong internal control environment including compliance testing for all operation and administration functions. Together with Compliance Manager the DCM will monitor control activities and recommend corrective actions, through the management of two functional areas: methodology and compliance, and performance of other internal control activities.

The Compliance function will consist of Internal Control Inspector (ICI) who will work in the field at all locations where affiliate’s operations are executed. The ICI will verify compliance with internal policies and procedures as directed by their supervisor, and will report any deviations from policy.

Duties & Responsibilities:

Internal Controls Activities 30%
o Conduct analysis of operations of the affiliate to identify risks and make recommendations for preventive actions such as:
 Portfolio/personnel rotations
 System of red flags
 Exceptional transaction reports
o Investigate internal audit observations and assist management to prepare responses in a timely manner.
o Timely investigation, analysis, and reporting of compliance issues which can negatively affect the company operation and image.
o If fraud or negligence occurs, detect violations at an early stage, thus limiting damage to immaterial amounts.
o Conduct analysis of the reasons and circumstance that lead to the fraud/negligence, provide the affiliate management recommendations on the changes needed to protect company from such incidents.
o Manage evaluation of the possible risks for the proposed new procedures, set up and manage internal controls during implementation of new procedure for the new products, functions and other changes to affiliate operations.

7. Management of Methodology Function 20%
o Establish a system for the effective communication of all policy changes to the appropriate personnel at all levels of the affiliate including verification of understanding.
o Ensure that all changes in policy and procedures are properly communicated to affiliate staff and that appropriate compliance training takes place.

8. Management of Compliance Function 20%
o Assist the ICM to develop annual Compliance function work plan in collaboration with F/I IC Manager and Regional IC Manager.
o Develop and manage evaluation and reporting process for ICIs.
o Manage timely control activities for Internal Control Department based on the approved Work Plan and requests from affiliate management.

9. Staff Management and Development 10%
o Supervise and monitor professional performance of affiliate Internal Controls staff.
o Together with HR Manager, supervise hiring/evaluation of ICIs.
o Assess the training requirements for the ICIs and develop a capacity building plan.
o Manage performance evaluations for all IC staff in a timely manner according to established procedures.

10. Functional Procedures 15%
o Create Internal Control functional procedures to ensure sufficient risk-management and efficiency.
o Analyze existing Internal Control functional procedures for adequacy and modify as necessary.

11. Compliance 5%
o Ensure compliance of affiliate Internal Control functional activities with the Charter/bylaws of the affiliate; FINCA and affiliate policies, procedures, plans and agreements; decisions of affiliate governing bodies as well as headquarter and regional office supervisors.
o Maintain regular and timely coordination with regional office, headquarters, and governing bodies.

Job Requirement:

Knowledge and Education:
- University Degree in Business, Finance, Economics, Management or equivalent education.

Job Skills:
- Fluency in local language(s) and English.
- Outstanding interpersonal, communication and training skills.
- Strong business management and negotiating skills.
- Excellent technical report writing skills and computer literacy.
- Strong analytical and organizational skills.

- Minimum 2 years experience in best-practice internal control management such as internal audit, independent audit, compliance, risk management.
- Minimum 1 year experience in a supervisory role.

Job Location:

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