Compliant Officer

Our clients are in the Merchant Banking, Registrars & Data Solutions, Trustees, and Manufacturing industries and in alignment with their growth strategy, highly motivated employees are essential to our client's sustainable success. Hence, recruitment of motivated and competent talents to critical positions is key.

Compliance Officer

Job objective

• To ensure that all Legal/ Compliance responsibilities within the group are executed in a timely fashion.

Duties & Responsibilities

• Liaise with directors, external lawyers, tax advisers, bankers and shareholders.

• Preparation of legal/ compliance documentation with relevant constitutive documents for statutory, legal, regulatory purposes.

• Liaison with all the subsidiaries within the group, service providers, external legal advisers, and government agencies.

• Maintenance and review of legal agreements

• Ensuring that the company meets its legal/ compliance obligations under relevant laws and the requirements of regulatory authorities

• Negotiation, drafting and implementation terms of agreements in all business contracts and agreements.

• Responsible for providing legal support in controlling customer complaints to mitigate the risk of litigation

• Review all documentation that has legal implications for the company prior to signing and implementation.

• Ensure that business activities are conducted in conformity with all applicable laws, regulations, internal policies and procedures.

• Review all documentation that has legal implications for the company prior to signing and implementing.

• Ensure that all regulatory permissions remain current and appropriate for business needs.

• Continual compliance risk assessment of company practices together with the development of internal policies and procedures, compliance training and protocols.

• Serve as liaison for all regulatory bodies as well as maintaining relationships with relevant legal bodies and trade associations.

• Keep abreast of regulatory developments and industry initiatives and advise management accordingly.

• Liaise with third parties, together with company management, that wish to understand company's control environment, compliance policies and procedures.

• Provide reporting with respect to regulatory requirements and developments

• Develop compliance checklists and prepare compliance reports, as and when due

• Inform the Internal Audit unit of any findings as regards non-compliance that may require investigation

• Ensuring compliance with best practices.

• Participate in Business Process Re-engineering exercises to ensure controls therein

• Carry out review of SLA Manuals to ensure applicable regulatory laws are incorporated.

• Any other duties as required by the Unit head.

Key Performance Indicators

• Effectiveness and efficiency at executing assigned tasks

• Minimal error rate in the course of performing assigned tasks

• Delivery of assigned tasks at the deadlines given

Work Experience & Education Requirement

• Bachelor's Degree in Law or any relevant field.

• Masters and certifications would be an advantage

• A minimum of 3 years compliance experience preferably within the Financial Services environment

• SEC registered

Key Competency List

Knowledge

• A minimum of 4 years working experience with 3 years compliance, Legal/ Litigation experience preferably within the financial services environment.

• I.T knowledge (particularly in Excel and Word)

• Good understanding of Compliance activities in Financial Services.

• Experience of developing and managing compliance monitoring programmes.

• Articulate, effective communication skills with the ability to communicate internally and externally (lawyers, regulators, auditors) at all levels

• Fully conversant with SEC, NSE, CAC, NFIU, IFRS, and other regulatory Directives and Guidelines.

Skill/Competencies

• Good written and oral communication skills

• Attention to details

• Strong analytical skills

• Strong relationship building and networking skills

• Problem solving and decision-making skills

• Must be a good team player.

• Must have good organizational and creative thinking skills

• Accountability

• Customer and client management skills

• The ability to manage a varied and complex workload

• Management skills

• Ability to control large budgets