· Ensure that the bank’s products and services are designed, offered and administered on terms consistent with applicable regulatory requirements; · Provide an effective and efficient framework to disseminate information throughout the organization and respond to regulatory changes in a timely manner; · Reduce regulatory risk through the promotion of a strong compliance culture and continued high quality client service; and · Develop and maintain a sound compliance management system that is integrated into the overall framework for product design, delivery and administration (i.e., throughout the entire life cycle of the product or service).