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12 Aug 2022

Full-Time EXECUTIVE DIRECTOR

AJC –  Port Vila, Efate

Job Description

AJC is looking for an Executive Director for their client ROYAL CM LIMITED.

Responsibilities:

  • Develop, periodically review, monitor, and enforce adequate policies and procedures in order to meet Vanuatu requirements and other applicable rules and regulations
  • Provide the BOE (Board of Executives) with advanced, detailed, and intelligent reporting on a timely manner to report on the organization’s condition and important factors affecting the organization
  • Review/identify and coordinate with the BOE internal processes to improve and ensure appropriate systems and internal controls are implemented and maintained
  • Overview and monitor the preparation of all compliance/AML/ Regulatory reports of the company
  • Forge and maintain sound relationship with the local authorities
  • Arrange and attend all board meetings of the Company and ensure that operational and strategic issues are discussed
  • Monitor, in close coordination with the BOE, the Company’s capital adequacy
  • Keep up to date with the latest local legislation, rules and best practice regarding risk management
  • Set and monitor the criteria for evaluating third parties offering services to the company
  • Forge and maintain relations of trust with shareholders/partners and external authorities
  • Communicate regularly and effectively with the BoD, and provide timely and accurate necessary information for the BoD to function properly and make informed decisions
  • Act as secretary of the board and ensure minutes of meeting are taken
  • Develop and maintain sound relationships with existing banks and pursue new relationships with banks for future collaboration as needed
  • Coordinate with the CFO on Internal and External Audit engagements, fieldwork, and deliverables

Education and Experience:

  • University degree in Economics/Finance/Business Administration/Math, or any other related field
  • A minimum of 5 years in the financial services sector
  • Good understanding of control and compliance function
  • Well-versed in the rules and regulations of the Vanuatu Financial Services Commission (VFSC) and the Vanuatu Financial Intelligence Unit (VFIU).
  • Excellent understanding of finance-related performance standards
  • Demonstrated knowledge of corporate and regulatory best practice
  • Organization and leadership skills
  • Excellent written and communication skills
  • Must be residing in Vanuatu or prepared to become a resident upon taking the role.
Job Expired 11/09/2022

Job Category: Other. Job Type: Full-Time. Job Salary: Not stated.

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