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1. CBM Regulatory Oversight & Policy Management

• Regulatory Monitoring: Track, analyze, and interpret all new notifications, directives, and circulars issued by the Central Bank of Myanmar (CBM) and ensure immediate dissemination and implementation across relevant departments.
• Policy Development: Design, periodically update, and implement comprehensive internal Compliance Manuals, Whistleblowing policies, and compliance Standard Operating Procedures (SOPs).
• Advisory & Guidance: Serve as the Subject Matter Expert (SME) to business units, product development teams (including Mobile Banking & E-Wallets), and executive management regarding regulatory boundaries and compliance constraints.

2. AML/CFT Framework & Sanctions Compliance

• KYC/CDD Controls: Oversee and enhance the bank’s Know Your Customer (KYC) and Customer Due Diligence (CDD) / Enhanced Due Diligence (EDD) frameworks to ensure robust onboarding and transaction monitoring.
• STR/CTR Reporting: Lead the investigative review of unusual or suspicious transactions, ensuring timely and accurate filing of Suspicious Transaction Reports (STRs) and Cash Transaction Reports (CTRs) to the Financial Intelligence Unit (FIU) and CBM.
• Sanctions Screening: Maintain and upgrade structural controls for real-time sanctions screening, preventing the bank from engaging with politically exposed persons (PEPs) or blacklisted individuals/entities.

3. Compliance Audits, Testing & CAPA Management

• Compliance Risk Assessment: Implement performance dashboards and risk matrices to carry out annual compliance risk assessments across all branches and corporate functions.
• Regulatory Examinations: Coordinate and act as the primary point of contact for external regulatory examinations conducted by the CBM, FIU, or special government auditors.
• Corrective Action Plans: Review audit findings and spearhead the preparation and execution of Corrective and Preventive Actions (CAPA) in a designated timeframe to address any regulatory gaps or compliance deficiencies.

4. Training, Culture & Governance Reporting

• Capacity Building: Develop, plan, and deliver regular, mandatory regulatory compliance and AML/CFT training modules to all internal stakeholders, board of directors, and front-line branch staff.
• Board Reporting: Prepare and submit periodic, objective compliance dashboards, trend analysis reports, and Key Compliance Indicators (KCIs) directly to the Head of Compliance and the Board Risk/Compliance Committee.
• Ethical Standards: Monitor the adherence to corporate governance, conflict-of-interest regulations, and data privacy policies to prevent internal operational risks.

Education: Bachelor’s degree or higher in Law, Banking & Finance, Business Administration, or related disciplines. Professional credentials such as Certified Anti-Money Laundering Specialist (CAMS) or specialized International Compliance Association (ICA) diplomas are highly preferred.

Professional Experience: Minimum of 5 to 7 years of progressive experience in regulatory compliance, risk management, or internal audit within commercial banks, non-banking financial institutions (NBFIs), or microfinance sectors, with at least 4 years in a managerial or supervisory capacity.

Track Record: Proven success in designing compliance architectures, managing central bank regulatory relationships, and investigating AML/CFT irregularities.