Job Description
Reporting to the Risk Management Committee under the Board of Directors and the MD / CEO the selected candidate will be responsible for developing, Implementing and overseeing the organization `s compliance function , policies and procedures . This includes ensuring the company adheres to all applicable laws, regulations , corporate governance requirements and internal standards,
Responsibilities & Duties;
- Stay up – to – date with changes in laws , regulations and industry standards to ensure the organization adapts its compliance procedure as needed
- Develop a comprehensive strategy that combines both compliance and risk management , ensuring that both areas are aligned and work together for the betterment of the organization
- Continuously monitor and evaluate various risks (financial , operational , strategic , cybersecurity , etc….) that could impact the organization
- Monitoring adherence to the Customer Charter and the Industry Code of Conduct while overseeing , identifying and assessing current and emerging risks and ensuring that appropriate strategies are in place to manage them
- Monitoring & reporting on Anti Money Laundering Regulation and Counter Terrorism Financing regulations while providing regular risks reports to senior management and the Board , including risk exposure levels and potential mitigation strategies
- Develop and implement risk management frameworks and ensure reviews are undertaken at appropriate frequencies to assess compliance with regulatory rules and internal compliance standards
- Represent the compliance and risk function on internal and external committee
- Ensure that compliance policies and procedures are clearly communicated to board , management ,and staff
- Compliance reporting
- Ensure regulatory reporting deadlines are met
- Provide timely reports to management , which highlight regulatory developments, change in law and over development in the compliance environment relevant to the company`s business
- Highlight compliance problem where appropriate and work with management to rectify the same within an appropriate time frame
- Define the structure ,policies and procedures for risks and compliance governance , ensuring accountability and transparency in decision – making
- Create a positive work environment for compliance
The ideal Candidate Profile;
- Bachelor`s or Masters degree or equivalent qualification in the relevant field
- Minimum 05 years of experience in a financial institution preferably at a primary Dealer company
- Advanced knowledge in compliance and regulatory requirements
- Proven leadership skills in advocating a risk and compliance oriented culture
- Good communication and team management skills
The selected candidate will be provided with an attractive salary and other benefits commensurate with industry standards……
Interested candidates please submit your CVs
