View Jobs at Primera Africa Finance Group |
Full Time |
Lagos |
Posted 2 months ago |
We are recruiting to fill the position below:
Job Title: Head, Compliance & Governance
Location: Lagos
Employment Type: Full Time
Duties
Compliance:
- Design the Bank’s compliance program/plan on an annual basis.
- Develop a compliance policy for the Bank
- Ensuring that appropriate returns are prepared and filed with the relevant regulatory authorities such as the CBN, NFIU, CAC, FIRS, NSITF, ITF, PENCOM etc.
- Develop and maintain a thorough understanding of all applicable laws and regulations as well as the Bank’s internal standards of conduct and procedures as stated in the Bank’s Code of Ethics, Conduct and Conflict of interest policies.
- Monitoring compliance with laws, rules, and regulations governing the affairs of the Bank and ensuring prompt regulatory reporting
- Working with HC and L&D team to develop an effective compliance training program including apt introductory training for new employees and ongoing training for all employees and managers
- Put in place adequate program for the Bank’s AML/CFT drive and monitoring and ensure that new products and/or business initiatives are designed in conformity with applicable regulations in mind
Governance:
- Assist the retained Company Secretaries to ensure the smooth running of Board and board committee meetings.
- Review minutes of board and board committee meetings as drafted by the Company Secretaries.
- Follow up with respective managers on action points from Board and board committee meetings
- Prepare quarterly governance report to the BNGC.
- Act as the Secretary to the Bank’s Executive Committee
- Coordinate the annual Board evaluation exercises.
Accountavbilities (What you will be held responsible for)
- Defining the necessary level of knowledge on existing and emerging regulatory compliance requirements across the Bank.
- Developing the annual compliance work plan that reflects the Bank’s unique characteristics.
- Periodically revising the compliance plan in light of changes.
- Guiding the compliance team in a productive and professional way.
- Overseeing and monitoring the implementation of the compliance program.
- Providing guidance, advice, and training.
- Providing strategic direction to the management team on compliance.
- Preparing and presenting clear and concise compliance reports to the Board.
- Interacting with regulators on compliance issues.
- Coordinating efforts related to audits, reviews, and examinations.
- Developing policies and programs that encourage managers and employees to report suspected fraud and other improprieties, without fear of retaliation.
- Coordinating internal compliance review and monitoring activities, including periodic reviews of departments.
- Independently investigating and acting on matters related to compliance.
- Monitoring external review processes
Academic Qualifications (Minimum)
- Bachelor of Laws; or Bachelor of Science in Business Administration; or Bachelor of Science in Accounting; or Bachelor degree in any other relevant field
Relevant Work Experience (Minimum number of years)
- At least 10 years of business experience, (including at least 5 years of Compliance Risk
- Management and company secretary duties at Senior Managerial Level) in a financial institution.
- At least 5 years of experience as senior management in comprehensive compliance and governance risk management and regulatory knowledge and experience as a banker or regulator in key risks facing financial services companies including on credit, interest rate, liquidity, mergers/acquisitions, compliance, legal and operational risks.
- At least 5 years of experience as senior manager in compliance and/or internal audit matters in financial institutions.
Skills (technical and soft skills):
- Policy formulation and implementation
- Compliance risk management
- Understanding CBN regulatory framework, monetary policy and guidelines
- Knowledge skills to foster and cultivate relationships with regulatory authorities.
- Ability to recognize and be responsive to the needs of all clients of the organization, including funding organizations, the Board of Directors, governments, and employees.
- People management skills to supervise staff, including regular progress reviews and plans for development.
Application Closing Date
Not Specified.
HOW TO APPLY
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the mail.
Deadline: August 31, 2024
Job Features
Job Category | Head, Compliance & Governance |