Reporting Line: Group Chief Risk and Compliance Officer
Industry: Financial Services

Purpose of the Job

• The Compliance Officer will provide assistance to the Group Chief Risk and Compliance Officer with the development of compliance policies, procedures, and guidelines for the Group.
• He/she will ensure that the Group complies with regulatory and statutory requirements, and also operates within limits set by regulators.
• He/she will be responsible for maintaining a compliance culture within the Group, and he/she will also be the resource and contact person to all compliance-related issues for the Group.

Key Responsibilities

• Provide support in designing a robust compliance strategy for the Group with over 10 subsidiaries across Africa and across different financial services businesses
• Review and ensure compliance with all relevant statutory laws and regulations applicable to the Group
• Ensure that business activities are conducted in conformity with all applicable laws, regulations, internal policies and procedures.
• Proactively review all regulatory permissions to ensure that they remain current and appropriate for business needs
• Evaluate Group activities to assess and monitor compliance risk
• Ensure continual compliance risk assessment of the Group 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
• Keep abreast of regulatory developments and industry initiatives
• Educate and train employees on regulations and industry practices
• Provide reporting with respect to regulatory requirements and developments
• Develop compliance checklists and prepare compliance reports, as and when due
• Ensuring compliance with best practices
• Any other duties as required by the Group Head

Skills and Knowledge

• Bachelor’s Degree in Finance, Accounting, Economics, Business Administration or Legal (Master’s Degree is an additional advantage)
• Knowledge of legal requirements and controls (e.g. Anti-Money Laundering, or AML)
• Good understanding of Compliance activities in Financial Services
• Local and international certifications in Compliance, such as Certified Regulatory Compliance Manager (CRCM)
• Strong understanding of development and trends in both international and African financial sectors, as well as regulations and trends in these markets
• Deep knowledge and understanding of both banking and general financial markets regulatory environment including Anti-money laundering requirements.
• Good analytical & problem-solving skills
• Excellent interpersonal and communication skills

Education and Experience:

• A minimum of 5 years working experience in compliance experience preferably within the financial services environment
• Experience in assisting with the implementation of risk-based compliance policies, procedures, and guidelines
• Familiarity with industry practices and professional standards

Attributes:

• Ability to build relationships with senior leaders, and external agencies
• Exceptional strategic thinking and analysis capabilities
• Ability to exert sound judgment and discretion; assure confidentiality
• Ability to build strong network with regulatory bodies and government authorities
• Good standing and assertiveness, with excellent teamwork attitude, with proven ability to influence and coordinate team beyond his/her own department
• Ability to handle a fast-paced, changing organization
• Ability to effectively plan, set priorities, and manage several complex projects