Risk and Compliance

The Risk and Compliance team at MagNet Bank is responsible for ensuring that the bank operates within legal frameworks and industry regulations while managing and mitigating risks. This includes developing and implementing anti-money laundering measures, conducting risk assessments, and fostering a culture of compliance throughout the organization. By monitoring financial transactions and analyzing potential risks, the team plays a crucial role in maintaining the bank's integrity and trustworthiness in promoting responsible financial practices within the community.