Compliance officer

Job Description

Main Accountabilities and Responsibilities

Compliance & Control

Assist in the review and implementation of the Compliance program.
Ensure compliance with all AML/CFT/CPF rules by SCUML, NFIU & SEC.
Ensure all statutory filings are done timely – NSITF, PENCOM, VAT, WHT, PAYE.
Conduct ongoing Due Diligence on High-risk customers including PEPs.
Ensure appropriate risk profiling of all new clients during onboarding and subsequent reviews.
Assist in the review and implementation of an Internal Control Framework.
Assist with responding to regulatory enquiries.
Implement control systems to prevent or deal with violations of legal and regulatory guidelines and internal policies.
Evaluate the efficiency of controls and suggest improvement measures continuously.
Collaborate with corporate counsels and HR department to monitor enforcement of standards and regulations.
Assess the business’s future ventures to identify compliance risks.
Work closely with department managers to review all departmental policies for compliance issues.
Review the work of colleagues when necessary to identify compliance issues and provide advice or training.
Keep abreast of regulatory developments within or outside of the company as well as evolving best practices in compliance and control.
Prepare reports for senior management and external regulatory bodies as appropriate.

Your Minimum Qualifications:

Minimum of a bachelor’s degree in accounting, economics, or related discipline
Professional qualifications or member of a Compliance community (good to have)
Knowledge of Capital Market Operations will be an added advantage.
2 to 3 years verified professional experience in compliance and control function or its equivalent.