Head, Compliance at AXA Mansard Pensions

Job Objectives:

• To ensure compliance with the provisions for the Pension Reform Act, 2014
• To ensure compliance with all rules, guidelines, circulars and codes issued by the National Pension Commission (PenCom or the Commission).
• To ensure compliance with all the firm’s internal rules and policies

Key Responsibilities and Accountabilities

• Measurement of compliance risk (using performance indicators) and the use of such measurements to enhance compliance risk assessment.
• Conducting quarterly compliance surveys.
• Monitoring the whistle-blowing process.
• Managing the Internal Communication platform.
• Liaising with regulators
• Prevention of money laundering & Terrorism Financing in the system
• Advise/educate on AML/CFT awareness, detection methods and reporting requirements.
• Ensure prompt and accurate rendition of relevant returns in line with regulatory requirements and international best practices.
• Liaison with the various relevant regulatory bodies on money laundering matters.
• Engendering the maintenance of adequate and complete documentation in line with know your customer / client familiarity index
• Creation and maintenance of awareness on money laundering matters in the Company.
• Review of audit report
• Review of International Blacklists
• Ensure Maintenance of proper record keeping within the organisation
• Creation and maintenance of awareness on Money Laundering / Terrorism Financing matters in the Company
• Monitoring of transactions to ensure detection of unusual transactions
• Preliminary investigation of unusual transactions
• Prevent, detect and report on money laundering and terrorist financing incidents
• Ensuring an effective AML Compliance Program is in place
• Responsible for Liaising with relevant national AML authorities
• Immediate reporting (within 24 hours) of AML/CFT issues that will have a material impact to the Group Anti-Money Laundering Officer (GAMLO)
• The AMLO is required to make an annual report on AML/CTF activity to the CEO, audit committee members and the Group Anti-Money Laundering Officer (GAMLO).
• Review of Sanctions list (including AXA Group Restricted List)
• Reporting on sanctioned countries and Individuals

Required Skills and Competencies

• Relevant first degree or its equivalent or professional qualification in Accounting, Actuarial Science, Auditing, Finance, Economics, Commerce, Law, or in any other numerate or semi-numerate field.
• A minimum of 10 years post-call experience, of which at least 4 must have been in management capacity.
• Good understanding of financial records and relevant regulatory requirements.
• Computer Literate.
• High level of Integrity.
• Strong oral and written communication ability.
• Good interpersonal skills and team player.
• Committed to self-development.
• Ability to interpret and apply legislation, regulations, guidelines and other regulatory requirements.
• In-depth knowledge of PRA 2014 and operations.
• Sound business judgement and ability to proactively look at markets and regulatory trends.