Risk & Compliance Officer at PricewaterhouseCoopers (PwC)

Reference Number: 130-PEO00905
Location: Lagos
Job type: Permanent
Department: People & Change Nigeria

Roles & Responsibilities

• The successful candidate will be reporting to the Controller (CRO) Risk & Compliance.
• This individual will be responsible for ensuring that the business activity of the Company are carried out within a regulatory framework.
• Prove compliance support to various departments by collecting and coordinating internal compliance data with auditors.
• Provide administrative support by implementing systems, procedures, and policies; completing projects in support of compliance auditors within the Organisation in line with the Company’s Policy. 

Other responsibilities are as follows:

• Perform risk assessments to understand the level, significance and scope of risk.
• Keep to date with, and understand, relevant laws and regulations
• Monitor compliance with laws, regulations and internal policies
• Ensure that Risk and Compliance findings are recorded and follow up with Management to rectify identified issues
• Educate employees on internal policies, laws and regulations; as well as the impact to the Company if these are not complied with.
• Investigate irregularities and non-compliance issues
• Report back to business functions on current risk and compliance performance.
• Highlight or escalate areas of concern
• Contribute to robust and effective compliance and controls with the Company
• Review marketing materials, presentations and websites to ensure compliance with regulatory requirements
• Assist in the gathering of internal information in response to regulatory requests.
• Collate quarterly /yearly ERM reports
• Report and analyse identified risks
• Keep, update and report on risk register
• Coordinate and Compile Statutory Returns timely.
• Compile weekly report for Management meetings.
• Liaise with Risk Champions weekly and reporting on risk identified.
• Collaborate with other departments to create a culture of compliance.

Qualification & Experience
Qualification:

• An advanced degree in Finance or an MBA strongly preferred
• HND or B.Sc in Actuarial Science, Economics and relevant professional qualifications e.g. Chartered Institute of Securities and Investment

Experience:

• Minimum of 5 years cumulative relevant experience
• Experience in the Insurance Industry an added advantage

Requirements
Skills & Competencies:

• Result Orientation/ Drive for results
• Teamwork
• Conflict and/or negotiation skills
• Customer focus
• Attention to detail
• Decision making
• Good communication skills (Verbal & Written)
• Numerical/Arithmetical Ability
• Strategic thinking

Knowledge Requirements:

• Proven experience as a Compliance Officer
• Risk assessment capability
• Ability to interpret risk
• Excellent Communication skills
• Attention to detail
• Familiarity with industry practices and professional standards
• Good knowledge of legal requirements and Control (AML)