The responsibilities of the Vice President – Compliance are to:<br /> • To act as the responsible executive in Cmp Adv for HIFSL in relation to Regulatory<br /> Compliance and Financial Crime risks.<br /> • Articulate the Regulatory Compliance and Financial Crime risks for HIFSL.<br /> • Primarily to support HIFSL, to maintain an effective control framework and to ensure<br /> compliance with all relevant external laws & regulations, internal codes and policies and<br /> good market practices. With primary focus on HIFSL area.<br /> • Provide advisory services to HIFSL business in order to ensure clear understanding of<br /> compliance risk exposure with respect to clients, transactions and products.<br /> • Managing the relationship with relevant regulators on behalf of HIFSL.<br /> • Be responsible for second line governance of Regulatory Compliance and Financial<br /> Crime risks exposures, providing analysis, reporting and governance to HIFSL that is<br /> independent of the first line of defence, thereby maintaining an objective assessment of<br /> risk exposure<br /> • To support risk steward challenge, act as independent trusted advisory in governance<br /> forums, issue management, fostering a compliance culture and optimizing relations with<br /> risk owners and control owners.<br /> • Assist the senior management of HIFSL and other colleagues on all material<br /> compliance related matters.<br /> • Assist Functional Head, in representing the Compliance agenda up to the highest levels<br /> of the INM / ASP governance, including being an attendee (as required) at the HIFSL’s<br /> Board (and related sub-committees), RMM, NPOC, to report on progress and issues in<br /> relation to the operational effectiveness of HIFSL’s policies, processes, systems and<br /> controls in countering Regulatory Compliance and Financial Crime risks.<br /> • Provide guidance on outsourcing, conduct, Commercial Paper listing, and all other<br /> aspects related to compliance in HIFSL<br /> • Drafting, adopting group policies and making amendments are per local regulatory<br /> requirements<br /> • Identify compliance related training needs for colleagues within HIFSL<br /> • Perform Regulatory Affairs (RA) related activities<br /> • Perform responsibilities of Principal Officer / MLRO like monitoring and reporting of all<br /> transactions and sharing of information as required under the law. He/ She will maintain<br /> close liaison with enforcement agencies, banks and any other institution which are<br /> involved in the fight against money laundering and combating financing of terrorism.<br />