Compliance Officer at Inguest Global Partners Limited

Job Description

• Disseminates compliance information to employees as needed
• Ensures organizations comply with legal and ethical guidelines, compliance officers perform audits and research institutional practices. They create internal and external reports based on their findings.
• As part of compliance monitoring, compliance officer identifies activities and practices that risk violating regulations and industry standards. Works alongside managers and employees to mitigate these risks.
• Serves as intermediaries between Step By Step MFB and overseeing bodies, including regulating agencies and government authorities.
• Keeps coworkers informed about rules and regulations by offering workshops, classes, and training.
• Answers questions and serve as a resource for information about compliance.
• Stays abreast of changes in regulation, guidance and best practices to inform the SBS MFB’s Management of and provide information on compliance changes that may affect them.
• Provides guidance and assistance to the SBS Officers in coordinating and overseeing an effective Bank Secrecy Act/Anti-Money Laundering/OFAC Compliance Program in line with current industry best practices, regulatory guidance and requirements.
• Identifies potential areas of compliance vulnerability and risk through analysis and assessment.
• Develops corrective action plans for problematic issues and provides guidance on resolution and future prevention and mitigation.
• Prepares reports for Management and the Board of Directors concerning the compliance function including scope and results of compliance audits.
• Works with the Internal Auditor in functions involving compliance related issues.
• Act as liaison/contact for Federal examinations and internal and external independent reviews or audits of Compliance areas. Participates in response to exam and audit concerns and oversees corrective action of all related compliance deficiencies or violations.
• Monitors the performance of the compliance programs and related activities taking appropriates steps to improve its effectiveness.

Qualifications and Skills

• Minimum of First Degree in any discipline, with a special consideration of OND in any discipline. Additional qualification will be an added advantage
• Minimum of 1 year cognate experience
• Personal characteristics: Sense of Empathy, Attention to Detail, Positive Attitude, Integrity and Willingness to Learn
• Digitally Savvy.