Evelyna Tohora-Namono

Responsible for providing advisory services and direction to all business and support areas regarding Papua New Guinea's legislations, regulations, prudential standards, directives, regulatory requirements, and/or compliance risks.

• Responsible for providing support to the Chair of the Board and Audit & Risk Committee regarding Board Secretarial duties. This also includes managing the payment of Director fees.
• Responsible for maintaining the Compliance Obligations Register and providing regular updates to the Senior Management and Board of Directors on the company's level of compliance.
• Assist with developing an effective risk management framework, risk register and developing tools and methodologies to support the company in identifying and managing risks.
• Assists the Head of Compliance (Pacific) with managing/tracking of corrective actions emanating from external auditors, agencies etc. to ensure corrective/remedial action plans are adequately implemented.
• Responsible for undertaking and submission of Fit & Proper assessments for New and Existing Responsible Persons.
• In conjunction with the Head of Compliance (Pacific), responsible for the effective implementation of the company's AML/CTF program.
• Maintain a current understanding of changes in PNG laws/regulations and advise Senior Management on changes that may affect the company's operations and/or departmental processes and activities and ensure ongoing regulatory compliance and consistency with industry expectations.
• Responsible for managing the process for drafting of all company-wide policies/procedures/frameworks/manuals and reviews.
• Maintaining, enhancing, and implementing an effective compliance assurance program and compliance training program.
• Responsible for drafting/preparation of all correspondences with the Bank of Papua New Guinea and/or other regulatory bodies in consultation with Senior Management.
• ·Work closely with Digicel (PNG) Limited, Legal & Regulatory Department with legal-related matters including reviewing contracts/agreements/ etc.
• Responsible for reviewing new business proposals to highlight key risks that might impact the business as well as propose solutions to mitigate these risks where possible
• Responsible for developing training rules and processes for staff and Agents to meet International standards of awareness and controls in relation to Anti-Money Laundering and Counter-Terrorist Financing, Know Your Business/Customer as well as other compliance-related trainings.
• Responsible for conducting due diligence checks for international remittance transfer partners.
• Responsible for statutory/regulatory reporting requirements in a timely and accurate manner
• Provide oversight on payment processes
• Provide oversight on all contractual agreements entered by the company with its Agents/Merchants/Billers to ensure they are KYB/KYC compliant
• Responsible for attending any conferences/meetings/workshops facilitated by the Bank of Papua New Guinea and/or external stakeholders.

● In my capacity as Company Secretary, provide high-quality secretariat, governance and executive management support to the Board of Directors, Board Committees and Executive Management.

● Prepare and maintain the company records, statutory registers and related documents and ensure that statutory filing requirements are met.

● Undertake necessary Fit & Proper assessments/reassessments of new and existing responsible persons as per the BPNG Prudential Standards.

● As the AML/CTF Compliance Officer, ensure awareness and compliance with the Anti-Money Laundering & Counter Terrorist Financing Act 2015 and associated obligations including providing annual training to employees on AML/CTF including technical trainings (e.g., Know Your Customer Policy, Suspicious Matter Reporting, Threshold Transaction Reporting)

● Accountable for developing and maintaining policies, frameworks attestation processes, delegations of authority and charters that relate to compliance and governance.

● Keeping abreast of regulatory and legislative changes and assessing their likely impact on FinCorp's operations, advising, and guiding relevant senior managers, and reviewing, managing, and implementing required compliance changes to ensure ongoing regulatory compliance and consistency with industry expectations.

● Reviewing internal procedures and reporting systems to ensure they are appropriate and satisfy requirements.

● Monitor adherence to compliance obligations and identify and report on any non-conformance.

● Maintaining, enhancing, and implementing an effective compliance assurance program and compliance training program.

● Maintain an up-to-date Obligations Register for FinCorp, communicate any amendments to Acts, gazetted regulations, guidelines or BPNG Prudential Standards or policies to identified stakeholders.

● Support product and services functions from a compliance and perspective.

● Provide advice and oversight for products and services including review of legal documentation to ensure commercial aspects are balanced with compliance aspects.

● Support the Human Resources Department to promote ethical and acceptable business and employment practices.

● Regulatory interaction with the Bank of Papua New Guinea (BPNG).

● Fit & Proper Assessments/Re-assessments for Executive Managers and Directors.

● Responsible for working with Internal Audit on responses to audit findings and establishing actions and timeframes.

● Responsible for handling customer complaints escalated to BPNG.

● Part of the following Committees: Executive Committee (EXCO), Risk Management Committee (RMC), ALCO and Investment Committee, Problem Loans Management Committee (PLMC) and Lending Committee.

● Advised corporate clients on banking, finance, and conveyancing matters.

● Conducted due diligence for various commercial matters.

● Conducted security reviews for ANZ Banking Group (PNG) Limited.

● Appeared in the District and National Courts respectively on debt recovery matters, default and summary judgment applications, interim applications, MVIL claims.

● Assisting Counsel in the 2017 election petition of Don Pomb Polye and Walter Schnaubelt respectively wherein they both won their petitions.

● Assisted in constitutional law matters.

Assisted with progressing brief-out matters from the State.

● General advising to the different Ok Tedi Mining Limited (OTML) business units including drafting of policies suited to the business unit.

● Ensured OTML was compliant with the Mining (Ok Tedi Agreement) Act1976 and the Supplemental Agreements and other relevant legislations applicable to OTML in its operations.

● General Advising in relation to the OTML Home Ownership Scheme.

Coordinated with external law firms such as Allens Linklaters with debt recovery and other litigation matters.